Sound Money
The Fantasy Washington Doesn’t Want You to Have
Every few years, a few brave souls crawl out of the political swamp and whisper something shocking:
"Maybe we should have sound money again."
Cue the laughter, the sneering, the rolling of eyes.
Sound money? In this political environment?
You have a better chance of teaching a cat to do calculus.
Why Politicians Hate Sound Money
George F. Smith hits the nail right on the head — sound money isn’t just an economic debate; it’s a political death sentence.
Why?
Because honest money limits government.
When money is tethered to something real — like gold, silver, or anything that politicians can't create out of thin air — it slams the brakes on endless government growth.
It forces hard decisions.
It makes it clear that every dollar spent must be backed by actual value — not just smoke, mirrors, and hope.
The last thing politicians want is for voters to see the real cost of their promises.
Fiat Money: The Ultimate Political Drug
The current system — pure fiat, backed by nothing but the "full faith and credit" of the most indebted government in history — is a dream for politicians.
They can:
Print money to fund wars without asking your permission.
Create massive welfare programs without raising visible taxes.
Bail out failed banks without a vote.
All of this is paid for by inflation, which acts as a hidden tax that most voters don’t even realize is draining their savings.
Example:
After the 2008 financial crisis, the Federal Reserve’s balance sheet exploded from $900 billion to over $4 trillion within a few short years.
Did anyone ask the voters if they wanted to "print" that much?
Nope.
It happened quietly — and the real pain (inflation, asset bubbles, instability) showed up years later.
History: A Warning We Keep Ignoring
Smith reminds us that no country with political control over money has ever voluntarily switched back to sound money.
Not one.
Every fiat system in history — from the Roman Empire to Weimar Germany to modern Venezuela — ended the same way: collapse.
Example:
In the 1920s, Germany printed so many marks to pay for war reparations and domestic programs that it took a wheelbarrow full of currency just to buy a loaf of bread.
What followed was social chaos — and the rise of extremism.
We are not immune.
The only difference today is the size and complexity of the system — which will make the eventual reckoning even more catastrophic.
The Political Reality: Sound Money is Kryptonite
Politicians will never willingly choose a system that limits their power.
Sound money demands accountability — and accountability doesn’t win elections.
Today’s political world thrives on:
Empty promises
Short-term handouts
"Solutions" that push real costs into the future
Sound money would expose the game.
It would make deficits unpopular overnight.
It would make wars harder to fund.
It would make bailouts impossible without immediate pain.
In other words, it would end politics as we know it.
The Coming Storm: Crisis, Then Opportunity
If sound money ever returns, it won’t be because Washington suddenly got religion.
It’ll be because the current system collapses under its own weight.
Hyperinflation.
Sovereign debt crises.
Loss of faith in the dollar globally.
Only then — when people are angry, scared, and desperate for stability — will leaders turn back to something real.
It won’t be out of wisdom.
It’ll be out of necessity.
Prepare Now, While You Still Can
Every printed dollar, every new entitlement, every reckless spending bill is another crack in the foundation.
Reality always wins — eventually.
Sound money is coming.
It won’t be voluntary.
It’ll be forged in the fire of crisis.
Are you ready?
Or will you be holding the bag when the music stops?
