Citizens for Sound Money

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Citizens for Sound Money

Citizens for Sound Money

@4SoundMoney

A non-profit to encourage the use of Sound Money and protect your right to do so!

United States Katılım Mart 2021
200 Takip Edilen4.5K Takipçiler
Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
What is worth more? a dollar bill or a square of TP? It all depends on when you want to use it! As strange as it sounds, TP is a useful asset while the dollar bill loses value to inflation every day. That means there will come a time, inevitably, that a dollar bill will be worth less than a piece of toilet paper. In fact, with the way prices have been going up, toilet paper was actually a better investment than most savings accounts over the last 5 years. The solution is something more solid than your stool: Sound Money.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
Money is defined by its functions. The functions of Money are: Durability Fungibility A medium of Exchange And a measure of value Dollars and other fiat systems lose Durability through inflation, which reduces their use as a measure of value. This loss of value makes it irrational to save money at all. Sound Money has been durable for thousands of years. This provides a steady measure of value which encourages and rewards fiscally responsible saving and efficient markets. One system drives debt and short-term thinking, the other built every great empire in history. It is clear these two money systems do different things. Vote with your wallet for a better future, use Sound Money!
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
In a sound money system, the most productive enterprises survive. In a fiat system, the firms with the best lobbyists and lowest interest rates survive. We’ve replaced "survival of the fittest" with "survival of the most indebted." In biology, a species that cannot find its own food eventually dies out, making room for others. In our current economy, we have Zombie Companies, firms that are effectively dead but continue to walk among us. These are companies that do not generate enough profit to even pay the interest on their debts, yet they are kept "alive" by the constant infusion of cheap, printed credit. In our fiat ecosystem, we tax the productive (through inflation and levies) to subsidize the weak. When money is real, the economy finds its health again. We stop rewarding those who can borrow the most and start rewarding those who can contribute the most. Your hard work shouldn't have to compete with a printing press.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
The minimum wage debate is really a hidden debate about the dollar itself where almost everyone accidentally admits the currency is failing… without saying it directly. We don't have a "wage" problem. We have a "money" problem. If money reliably held its value across time, why would society need to adjust to wages at all? Why would every generation need dramatically larger numbers just to afford increasingly smaller versions of the same life? Increasing the wage floor without fixing the money is like adjusting the thermostat while the house is on fire. If the currency continues losing purchasing power, the finish line keeps moving away. Sound money is the actual answer to this problem. Because when money actually stores value, workers don’t need endless political interventions just to preserve the economic value they already created.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
America is an addict. We’re hooked on the cheap high of inflation and the easy hit of fiat money. Like any long-term junkie, our economy has forgotten how to function sober. So how do can we get clean? There is no magic switch. Instead, we need a 12-step program to transition to honest money.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
In the markets, money can truly be a case of easy come and easy go. A stock can be worth very little today, millions tomorrow, and absolutely nothing the day after that. Because of this volatility, you must consider how to actually protect your wealth over the long term. Sound money acts as a vital form of wealth insurance for the modern investor. No matter what happens in the markets or the world at large, gold and silver have never lost their intrinsic value or their liquidity. Any investor would be well served to secure a portion of their gains in sound money every single year.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
By bringing together minters, secure storage providers, and innovative fintech platforms, the SMTA is building the infrastructure for a more resilient economy. Join the alliance of leaders dedicated to sound money. Explore our mission, view the full member directory, and see how we are shaping the future of hard assets. Website: smta.org
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
7kMetals is powerhouse in the precious metals space, 7kMetals is dedicated to making gold and silver accessible to everyone. Through their membership-based platform, they empower individuals to accumulate wealth and gain direct access to collectible coins and bullion. Website: 7kmetals.com
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
The movement for financial sovereignty is growing! We are thrilled to announce that several industry leaders are coming together to join the Sound Money Trade Association (SMTA). By uniting under the SMTA, these companies are committing to the preservation of wealth through hard assets. Read the thread below to meet the newest members of the alliance! 👇
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
If you want a stable future, you need stable money. Gold and Silver are money, everything else is debt.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
International events often drive domestic economies. In the 1830s, Santa Anna’s "copper-penny shortcut" in Mexico drove a massive influx of silver into the United States. Mexico’s regime printed debased copper coins, driving undervalued silver into the U.S. This 140% increase in specie allowed American banks to expand credit massively without a central bank. When the boom inevitably collapsed in 1837, a deep deflation followed from 1839 to 1843.  From 1839–1843, the money supply fell by 34% (larger than the Great Depression), but because prices and wages were flexible, real GNP actually rose by 16%. Unlike the 1930s, where the government blocked price falls and caused stagnation, the 1840s proved the economy can grow during deflation if the market is allowed to adjust. The market proved it could handle a crash, until the Civil War gave the government an excuse to seize total control of the banking system.
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Citizens for Sound Money
Citizens for Sound Money@4SoundMoney·
Gold and silver are proven long-term stores of value. But occasionally, we see those rare sharp price drops that can feel unsettling if you’re staring at a screen all day. It's far more productive to view these rarer moments as a massive sale on value rather than worrying that you are losing money. Because the dollar will continue to inflate and lose purchasing power, Sound Money will always retain its inherent value. You should stay focused on the long-term horizon and recognize that a market dip is simply a better entry point. Keep calm and buy the dip!
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