David_Gerard comments on What Is Signaling, Really? - Less Wrong
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No, because "throwing money into it" is better writing.
You know, doing it with intrinsically valuable money is a thing, but if you do that with fiat money you just cause enough deflation to make everyone richer, and the game is not negative-sum. (Or is it? I'm not terribly knowledgeable about macroeconomics, so I might be missing something.)
It is still wasteful, because it involves digging an unnecessary hole.
If you throw your money into the hole its not negative sum, true- it is zero sum assuming that your ratio of the monetary pool reflects your buying power. Either way, you make everyone richer but yourself.