You're absolutely right, but the typical retort to the above is: "macroeconomics isn't a morality play". We're seeing the consequences of morality-driven econ

You're absolutely right, but the typical retort to the above is: "macroeconomics isn't a morality play". We're seeing the consequences of morality-driven economics today in Europe. Are we really worried that people that save and live in their means are going to start snorting cocaine off strippers' bellies because of devaluation?