[andyjdavis]

>It's economically bad to have a vast pile of money sitting in one place for a long time, you want to get that back into circulation.

Although I agree with your point overall this point specific point is flawed unless someone is literally storing physical cash in large volumes.

If I have a big bag of assets that is passed from generation to generation it is not sitting in one place or in any way out of circulation. Businesses do their thing regardless of whether a family member or someone else owns them. Real estate portfolios are similarly unaffected by who happens to own it. Even money sitting in a bank account is not actually just sitting there.