Our economy REQUIRES people to buy luxuries constantly, as it requires new debt to be created to sustain itself.  

You're so wrapped up in the prevailing narrative you can't see it's actually the current system that creates hoarders, billionaire dragons sitting on their piles of hoarded generational wealth.  

Throughout history there have been deflationary and inflationary cycles.  People tend to spend more than save in inflation, and save more than they spend in deflation.   But those cycles of savings are important, and we haven't had one in 100 years.  The billionaire class owns the member banks of the fed, the pull the levers to keep their profits rolling in.

And you're on their side.