guest post: The Forgotten Meaning of “Sound Money” (and Why It’s Coming Back)

Caesar Rodney Institute Blog

Below is a guest post from the Sound Money Defense League. CRI does not necessarily endorse or oppose the views expressed in the article below, but we do believe it’s important to understand the value of money and how currencies get debased.

We Americans no longer carry gold and silver money in our pockets and purses as our grandparents did during their lives. But we still carry the history, legacy and spirit of those gold and silver coins in our language – with more meaning than you might imagine.

“Sound money” has a clear message recognized for centuries around the world. It describes the musical, metallic ring of a gold, silver, or copper coin dropped on any hard surface of glass, stone, wood, or metal. Sound money literally refers to real wealth, with a natural, unmistakable signature of honesty and integrity, as opposed to the swishy paper and plastic debt…

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