Uhh, I don't think you really got what was being talked about there... That blog post really doesn't hit the issue at hand.

I was referring back up to BTConomist's claim that there isn't deflation without spending -- that hoarding doesn't cause deflation. The article referred some to turkeys and oil (a reference to products/real wealth available to purchase,) but it doesn't talk about how hoarding of a currency changes the money supply or how that changes the way money is valued against products or services.