Money and crises

[D Shniad]

Trond,

In the course of your discussion of the sources/causes of crises, you 
say that "Money as a necessary transport medium for production will 
to a gradually stronger degree be withdrawn from circulation in the 
productive sector, and instead circulate in the financial sphere."  

Unfortunately, this is stated as if it were a self-evident fact.  Can you 
provide some evidence in support of and/or explanation of why you 
believe this to be the case?

Sid Shniad