I'm probably the biggest sMerit hoarder on the forum, and if not, I'm certain I'm in the Top 5. I'm also the Top 1 most generous Merit sender. What does this tell you? Nothing 
Merit isn't scarce. Good posts are.
But I think as a merit sources, your Smerit have expiration if fail to exhaust it before the end of the month? I know very well that what make people to hoard Smerit for long time is because they have not meet to a post that have such attraction of quality they needed. Spamming is now taking over forum due to so many new accounts. Merit isn't scarce. Good posts are.