Easy way to explain Sound MoneySubmitted by mirbach on Mon, 05/21/2012 - 15:12
Since the concept of Sound Money seems to be so hard for the sheeple to understand here is a very simple way to illustrate the point.
In and around 1970 a person could buy a gallon of gas for a quarter, today a pre-1965 quarter will buy 2 gallons of gas. Relative to the value of silver, the value of gas has gone down. That is Sound Money.
Sound Money also means that the value of the dollar you earn today retains the same value in the future, and that is the definition of stable currency.
Sound Money = Stable Currency = Zero Inflation = Zero Loss of Value