I don't think it is that bad of a design.

First of all I'd argue most of consumerism would vanish under the inelastic supply of a bitcoin standard.

Unfortunately western civilization restructured itself around debt and we need this kind of harsh wake up call.

That means going back to the essence of money: buying houses, buying food. No more gambling, no more hedge funds.

Moreover, inflation rate in itself doesn't really matter nearly as much as the consensus around it. Are halving cycles that much different from tail emissions? I view halvings as decreasing tail emissions.

Either way what saves us is that it isn't possible to issue debt out of thin air. We need bitcoin as SoV, Monero as MoE.