> siphoning hundreds of billions of dollars out of the US economy to be hoarded forever in offshore bank accounts is having an effect on the value of the dollar

> siphoning hundreds of billions of dollars out of the US economy to be hoarded forever in offshore bank accounts is having an effect on the value of the dollar? It's really hard for individuals or even corporations to "hoard" cash forever in offshore bank accounts and cause inflation (nor deflation). The money isn't locked in vault (not physical, nor electronically). They generally end up right back into the market because those banks offers loans for a good chunk of their deposits. Or they buy bonds or MBS which are effectively the same thing. Same for parking assets in a financial institution. Whatever assets you buy the original sellers gets the money you put in, and they use it on something else. The only real way you could personally take money out of circulation is to withdraw physical cash and burn it (Inadvisable, in some places this is illegal) or bury it in the ground.