Here’s a bibliography of my articles so far about Monetary Disequilibrium Theory.
Quotes Mises that we never need more money in an economy. What we have is just fine.
Proves by a simple Thought Experiment that adding more money into an economy does not improve the economy.
Points out that all those who talk about increasing the money supply never talk about who will actually get that money.
Points out that people who save money want to save purchasing power, not money per se. Introducing more money into the economy gives them less purchasing power, not more.
Reminds everyone that people saving money is not a problem for the economy, but a blessing. [See also https://smilingdavesblog.wordpress.com/2013/02/14/how-mises-dismissed-that-whole-keynesian-thing-with-a-decisive-one-liner/]
In the comments, links are provided to other writers who took issue with Monetary Dis. theory.
Quotes Mises that ”The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do”.
Reminds everyone that Mises considered the Monetary Dis. crowd “cranks”.
Quotes Hazlitt that never has there actually been a money shortage in the real world.
Notes that the maximum money that can be hoarded is 10% of the money supply, the rest existing as only digital money in banks, which cannot be hoarded.
Refutes the notion that desire for cash holdings will somehow decrease trade. Points out that products being ultimately traded for products implies that prices will adjust to restore each products purchasing power and make trade possible. Gives an example to illustrate.
4. All the articles that deal with Keynes and his imaginary hoarding problem also refute Monetary Dis. Theory, since “hoarding” and “desire for cash holding” and “monetary shortage” are related. So do a search.
5. All the articles about inflation and fractional reserve banking are relevant, since the M. Dis. crowd wants wants plenty of both. So do a search.
In particular, https://smilingdavesblog.wordpress.com/2013/02/23/mises-and-free-banking/ talks about how Mises was not in favor of fractional reserve banking, contrary to the M. Dis. crowd’s claim.
6. For completeness, this little article about Keynesian hoarding applies equally well to the Mon Dis crowd: https://smilingdavesblog.wordpress.com/2013/06/24/where-will-the-money-come-from-to-replace-hoarded-money/