I agree with that assessment because you can see it all around you, day-in and day-out. People, when they save (which isn’t much, now) expect to get the time-value of their money back in the future or principle plus interest (the time preference value of money).
This brings to mind something I will never forget — the differences between saving, investing, speculating and gambling, which are all on as spectrum of the same kind of behavior, vis-a-vis expected returns.

Rothbardian_fanatic

econ

Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?

Undisciplined

The idea would be that people are saving as though their future money will be worth more than it's going to be: i.e. inflation is discoordinating savings and interest rates.

They will then be acting in the present as though they're going to have more purchasing power in the future.