wealth creation with fixed currency causes deflation. deflation means you can now buy more products and services with the share of the currency you do have. so you're wrong.
When deflation rises, businesses start feeling uncertain about the amount of money they can pull in regularly and start laying off workers. Individuals start to save more and spend less. Instead of hiring workers to do their lawns or buying meals, they will try to do everything themselves. In this manner, the "monetary" value of "wealth" from lawn mowers and processed food producers approaches 0.
This is another fundamental difference between the wealth pool and the currency pool.
Think about this. If everyone saves all their money, who is going to do the spending? How is anyone supposed to earn money?
The only people you can trust to earn money from are the people who aren't saving all their money.
If you save your money in a bank, how are you and the bank supposed to make interest if everyone starts saving and no one takes out a loan??? Your savings rate will drop towards 0 in a situation like this. If companies act in the same manner, why should they issue any stock??? What is the benefit for them if they prefer to save up and use their own cash instead of share holder cash?
What happens in a situation like this is that the stock prices don't grow at all as you can see here in Japan for nearly 20 years:
http://www.progressdaily.com/wp-content/uploads/2007/10/Nikk...
I recommend you think about these points for a while before discussing this matter again.
Also I'd rather not debate economics, sorry.
As long as you have a fungible currency - a liquid currency - deflation is a boon.
Everything should be getting cheaper as technology advances. The only reason it doesn't is because of the influence that codexon has been trying to explain. The currency game is zero-sum. It was designed that way. It's one giant pyramid with the BIS at the capstone.