And with going off the gold standard, it came to pass. Right? Even his percentage of cost to hoarding money is in the ballpark of current inflation. This was

And with going off the gold standard, it came to pass. Right? Even his percentage of cost to hoarding money is in the ballpark of current inflation. This was written in a time before inflation, where hoarding cash was not stupid. Today it is. We don't need the incentive to increase the velocity of money. Well, I say that, but too many people just have their savings in a cash account. Sometimes not even a saving account, but an account with no interest at all. But then again that just means that the bank invests it in one way or another. Short of physical cash, there's not really any way to keep money being "unused".