4min snip

INSIGHT

Sound Money vs. Fiat Money

Historically, sound money (like gold) has been the norm for most of human history.
The last 100+ years, with fiat currencies, are an anomaly.
Sound money represents a vote of no confidence in a government's monetary policies.
It allows people to opt out of inflationary systems.
JFK's attempt to issue silver certificates challenged the Federal Reserve's power, suggesting a move towards sound money.

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