Asset inflation affects people like me who prefer to avoid debt. I'd rather make interest than pay interest, by saving until I can afford a house. If we had hig

Asset inflation affects people like me who prefer to avoid debt. I'd rather make interest than pay interest, by saving until I can afford a house. If we had higher interest rates, prices of houses would come down and help people like me. Our system is set up with a lot of unconvincing arguments about the necessity of inflation to encourage spending over saving. Yea, saving means people buy less stuff, but maybe we don't need most of the crap we buy and would be encouraged to do without some of it if our money wasn't constantly losing value.