"Hording cash is pathological."
It goes hand in hand with federal fiscal policy. If congress's entire strategy for the USD is to keep printing more of it, via borrowing and spending without paying it back, then the downstream oligarchs will rationally horde cash. It is everyone else who suffers because they are too weak to defend against congress. But who appoints congress and its policies? Taking aim at oligarchs is a waste of time. Fix your fiscal policy.
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