"Hoarding" is an elastic term, and perhaps not the best way to put it.  In my view, current government policy across the First World privileges debt over equity, the FIRE economy over the Real World© Economy and has done so for decades.  And, across the First World, we can see where this leads: micro- and meso-economic insanity.  

There's no way a firm actually making actual goods and/or services can approach the Return on Investment routinely made in the FIRE sector.  Financial firms, using the privileging of debt, can leverage their equity capital by hundreds of percent so they are, literally, making over 100% ROI per annum.  They can do that by "hoarding" - playing the futures, options, CMO, CDO, & so on markets - rather than investing in the less profitable business loan and business development.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre