&gt; Sitting on money doesn’t help the economy much.<p>This is a really dangerous misconception. &quot;Sitting&quot; on money isn&#x27;t really possible, by <i>definition</i>. All money is being put to work at some point, it&#x27;s just a question of where[0].<p>Broadly speaking, when people store money in banks, that money gets loaned out to people. If you have a mortgage, that&#x27;s coming from money that someone was sitting on. If you are working at a venture-backed company, your paycheck is paid (through a lot of middlemen) from money that someone was sitting on.<p>It&#x27;s impossible for money to be &#x27;sat on&#x27; without helping the economy. In fact, our economy <i>depends</i> on people saving money this way.<p>[0] Again, this is true by definition; savings are investments. Saying that saving money isn&#x27;t helpful is equivalent to saying that investing money isn&#x27;t helpful.