[tmn]

This is an often held view. Just for fun. Let me play devils advocate. Yes, currency hoarding (saving) is incentivized. This raises the bar for investing to investing that is needed / has clear value. Similarly, with an inflationary currency, it is real things that are incentivized to be hoarded. Is it not better to save currency and let real things circulate more freely to those who actually need them, as opposed to speculators.