There's a fundamental difference - nobody created land, and the value that you are capturing is of your neighbors producing it. You can buy an empty plot of lan

There's a fundamental difference - nobody created land, and the value that you are capturing is of your neighbors producing it. You can buy an empty plot of land, do nothing on it, and then sell it for double you bought it for 10 years later. Someone else could have had a use for that land. That's obviously hoarding. It doesn't rot. Stocks are less egregious for this trait as it's just zeros and ones, but the fact remains that if you want to hold value, you must invest in something. For a typical person who just wants to store their labor and not make a bet, they are unable to. Back in medievil times when population and productivity were flat, the money supply was flat, and there was no need to invest to store. There's nothing other than politics saying that it can't be true again today, the math just might be trickier, but I think we can handle that.