No, I don't go crazy buying for everyone and I don't spend a ton of money either. I keep it simple and buy for a few 'special' people each year, if the budget allows. Basically, if you live within walking distance to me and I like you a lot, you most likely will get a small gift from me for Christmas.
I love to shop and buy for others as giving is just in my nature. And I give gifts that I myself would love to get. I don't expect anything in return, of course, as that would defeat the purpose of the gift giving spirit but I do hope the people I gift to over the holidays appreciate my efforts as it is the thought that truly counts.
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