There was no shortage of food or water or nesting
material. There were no predators. The only adversity was
the limit on space.
Initially the population grew rapidly, doubling every 55
days. The population reached 620 by day 315, after which
the population growth dropped markedly. The last
surviving birth was on day 600. This period between day
315 and day 600 saw a breakdown in social structure and
in normal social behavior. Among the aberrations in
behavior were the following: expulsion of young before
weaning was complete, wounding of young, increase in
homosexual behavior, inability of dominant males to
maintain the defense of their territory and females,
aggressive behavior of females, passivity of non-dominant
males with increased attacks on each other which were
not defended against.[2] After day 600, the social
breakdown continued and the population declined toward
extinction. During this period females ceased to
reproduce. Their male counterparts withdrew completely,
never engaging in courtship or fighting. They ate, drank,
slept, and groomed themselves – all solitary pursuits.
Sleek, healthy coats and an absence of scars
characterized these males. They were dubbed “the
beautiful ones.” Breeding never resumed and behavior
patterns were permanently changed. This is fixed by removing the central authority monopoly
over the printing of money and/or make them actually
print the money.
in a system when you generate currency from nothing, this
is true. But if you use currency as an actual IOUs, you
would need to generate value to generate currency, and
thus, if you were to hoard currency, you are providing
value to the economy for nothing in return, which is a
good thing.