our production/consumption model is inflationary by it's structure. seems to me that up until about the 90s (?) things held. to keep manufacturing going,planned obsolescence had to be made an integral part of the system. having the "latest" thing with the attached advertising pushed the consumption cycle. advert industry had the human psych well locked in. that ad work paid well for a reason. it was a necessary part of the system.
just some observations- ever drive down the auto dealer street in your town? hundreds of new vehicles. do they all sell? what happens to those that don't? what about used? appliances the same thing. 1st washer/dryer i owned lasted 25 years. new ones meant to crash in 7 with no repair parts made available. take a look at our shooting world. always the newest,latest thing showing up that you just have to have. scopes,guns,ammo that promise performance unavailable in the past. really? the things used by the top 1% will take you into that group. really?
think about the financialisation of the economy-the stock market,bonds,odd financial instruments. where do those fit the picture? all of that has to be inflationary. our capitalist system is in deep shit. debt at all levels being out of control,over consumption,huge waste levels,resource limitation are a few of the problems.
unfortunately capitalism is the ONLY system that supports individual freedom and liberty. alternatives have easily sold to the deliberately non thinking majority at many times in the past. any human system ultimately makes concentration of power in few hands inevitable.
retaining or taking back one's liberty and true freedom is looking pretty iffy these days. doing well in one's own context getting harder.