>People do indeed have a tendency to do exactly that. Take gold hoarders, for instance. So then why aren't all rich people hoarding gold and destroying the eco

>People do indeed have a tendency to do exactly that. Take gold hoarders, for instance. So then why aren't all rich people hoarding gold and destroying the economy? The argument can be generalized into "any resource deflating is bad", there is nothing special about currency. It would at most be one more resource which is deflating.