I'm now not putting 7 dollars back in

so you produce more than you consume

Yes, and then you store it

and this is harmful....

Or "hoard"

I would say no

Yes it is harmful coz no monetary exists in a vacume. More money will be printed to inlfate your saving aways or people will start trading in things they can get their on.

why?

So poppy

go on

The harm would arguably be in printing more money

Not in Hoarding it

Sorry BTW for dropping such a heavy topic and responding in blurbs. I got called for a delivery...

Unless you make a currency that can be infinitely devisable then yes. The population is going to grow so either the supply needs to grow or the value needs to grow.

If you hoard it, then value of each dollar goes up. At some point, in order to keep hoarding it, i'd need to produce everything i need myself, because otherwise i will need to pay out more than i get in because of the value increase of each piece of money

You did make an argument that lead to inflation, but I think the dispute is in causation

each piece of money i hoard, increases the value of traded money.

Grenades picking up what I'm laying down.

and i can only hoard money if i produce more than I consume, value wise, or i don't consume.

which means i need to produce more for each piece of money i hoard

Bingo

or, i need to stop consuming

You are talking about deflation.

basically

Can someone tell me whats wrong with deflation?

Depends on your goals

the only problem becomes how small you can divide your currency

but this is the problem of currency, its imaginary placeholder for the real value of stuff

If you want to spur growth it's bad, but I'm not convinced artificial growth is good

Yes, you need an infinitely devisable currency.

And?

It's called trade. After a year of deflation you will quickly find out you can't afford anything from the people over the river.

Why?

hang on. I know this one.

>stores will sell products nobody is buying

I don't understand

you can go down to there being only 1 dollar in the system, people will just rip the dollar in 2, now you have 2 half dollars

or someone will start using something else as a new currency, or just trade directly tit for tat

Sorry I've that wrong up there.

the worst that can happen is everyone is just focused on providing for themselves and no-one else.

I used to know all this stuff.