One thing I think is not said often enough is that money might be a store of value on an individual level, but in the level of the whole economy, it is not. It

One thing I think is not said often enough is that money might be a store of value on an individual level, but in the level of the whole economy, it is not. It’s just lubricant for making transactions. You can’t take a big pile of money out of the economy one one year and then spend it 10 years later. You would get deflation and unemployment when you took the money out, then inflation when you put it back in. That’s because money has no real value, it’s just paper or numbers in a database. Property and labor power have real value but not money. That’s why claims of there being a “social security trust fund” just seem bizarre to me- the account holding that money is purely imaginary and in reality they spent all the money collected right away. They had to spend it because otherwise it would have decreased the money supply. And whether the money they spend on the program later comes out of the trust fund or whether they just print it makes no difference. On the level of the nation as a whole, money is only lubricant. Not a store of value.