yup, this type of "expiring money" would just lead people to store wealth elsewhere. You could argue that this has already happened with long term low interest rates. I think a big part of the continued stock market and real estate bubbles is that interest rates are so low that there's a real disincentive to store cash in the bank, so folks put their wealth into houses and stocks.

Also, since when did "saving" become "hoarding"? Saving is a very important part personal financial wellness and business investment. Our goal should not be incentivizing people to spend money as quickly as they make it.

> Our goal should not be incentivizing people to spend money as quickly as they make it.

I think wise societal goals would be those that clearly and consistently lead to increased funds for people in non-upper classes.

>when did "saving" become "hoarding"?

The systemic vaulting of fungibles (in the amount of scores of multiples beyond reasonable needs) may result in the same outcomes as hoarding does.

I don't think any one of us is in an intellectual or moral position to dictate what another person's "reasonable needs" are.

Ah. Trying to leverage a tangent into a tool to invalidate the overall point on a technicality.

A bold move.