> Sitting on money doesn’t help the economy much. This is a really dangerous misconception. "Sitting" on money isn't really possible, by definition. All money

> Sitting on money doesn’t help the economy much. This is a really dangerous misconception. "Sitting" on money isn't really possible, by definition. All money is being put to work at some point, it's just a question of where[0]. Broadly speaking, when people store money in banks, that money gets loaned out to people. If you have a mortgage, that's coming from money that someone was sitting on. If you are working at a venture-backed company, your paycheck is paid (through a lot of middlemen) from money that someone was sitting on. It's impossible for money to be 'sat on' without helping the economy. In fact, our economy depends on people saving money this way. [0] Again, this is true by definition; savings are investments. Saying that saving money isn't helpful is equivalent to saying that investing money isn't helpful.