>> >> Exactly wrong: People who have earned money ARE the productive economy. >> Not when they're getting richer just by sitting on cash they are not. That's n

>> >> Exactly wrong: People who have earned money ARE the productive economy. >> Not when they're getting richer just by sitting on cash they are not. That's not producing anything, any/all productive work they did was in the past. If they are getting richer just by sitting on cash, it means - by definition - that the economy is increasing in size. If it ever comes to a point where too many people just sit on their savings, then the economy will retract, and all these people will start to lose wealth. There's a balance in the system: when the economy increases too quickly, it will incentivize people to stop producing (because they can live off their savings), and when the economy starts contracting, it incentivizes people to start producing (because their savings are getting worth less).