Wrong with saved money is the absence of its COLA: when private savings are adjusted for increases in the cost of living (COLA'd), they permit government to spend while workers save until they can buy because the price is right.

Also wrong, is the absence of the purpose of achieving full employment of all willing workers at fair wages. Money systems without a governing purpose can lead to crime and violence more than they do to production and consumption.

National money is created by law as legal tender, and as a measure of price and debt.

Natural money is created by exchanges of real wealth for a measure of money.

Anything can be natural money. Only a functioning sovereign nation can create national money (i.e., legal tender.)

Money, today, is not created of thin air. It is created from private debt by bank loans to credit worthy debtors , and by national credit in agreement with central banks.

When nations sell notes and bonds to buyers (not their own central bank) they are buying money that has already been created.

When the central bank and national government agree to monetize national credit, money is spent or lent into circulation by nations free of debt and real interest. It is wrong today that too little money is circulated this way.

In other words, under the principles of Functional Finance (see Abba Lerner's explanation,) legal, practical, and pragmatic reform to overcome inadequate demand (in our monetary system of production) was developed for the "arsenal of democracy" in World War II and should be resurrected now.

I we did resurrect these tools, we would have full employment and money enough to overcome real deficits in production and move into the rational economy information technology promises.

After all, money and price are fundamentally applications in accounting information technology and human habit formation.