That would cause the opposite effect. Money would become worth more the more money you take out of the economy (thats the reason why you cant hoard all of it, the relative price of money would go to infinity, you can only try to get ever more increasing portion of it all, the problem is what would you use to buy the money?), its the inverse from the government printing more money, it has inverse effect. Its just supply-demand, if you hoard money you decrease supply, it increases its price (how much you can buy with it). Money looses value if you increase supply (money printing or counterfeiting by government or individuals, it does not matter who does it) or if you decrease demand (enough people realize that government money is shit and they want to stop using it, its a vicious cycle, can lead to hyperinflation).
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