jvlbasic
 
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1 Debate

Sound Money is better than Fiat Money for the average citizen.

tlockr
jvlbasic

A sound currency is the foundation of a truly strong economy. By sound I mean to say the currency is dependable, consistent, only imperceptible changes in value over long periods of time, and cannot be easily counterfeited. Typically this is achieved by connecting its value to some rare commodity. Fiat money is typically paper currency that is not redeemable for any sort of commodity. Because it is inconvertible, the preceived value is ever changing in a way that can be very tragic for averag...

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Updated 3 Years Ago
jvlbasic
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