This guy sounds like a douchebag. Is hoarding money en vogue now? It's one thing to be frugal, but it's another thing to be a greedy miser. If everyone did this, it would choke the financial markets and drive the world into stagflation. The free exchange of money is vital to the economy and health of the world. With any luck, he'll leave a bunch of money to his kids who will promptly spend it on booze, hookers, and blow.