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"Passion and theology may sound odd put into the same sentence. But…if theology does not lead to passion about and for God it is useless. —J.I. Packer"

Sound Money Still Matters

Aggregator by Aggregator
June 7, 2021
in Economy
Sound Money Still Matters
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Let the record reflect: sound money still matters. The tremendous fiscal, monetary, and social interventions throughout 2021, in addition to what appears to be the long-posited return of inflation, are fueling a resurgence of interest in gold and silver. Cryptocurrencies, farmland, and less conventional hedges have led the way, but a handful of developments suggest that the “barbarous relic” and its cousins are returning to mainstream attention.  

Most recently, the State of Tennessee announced that it is considering setting up a gold depository. On Wednesday, June 2nd, the two measures (House Bill 353 and Senate Bill 279) passed unanimously through their respective committees with voting tallies of  90-0 and 32-0. A report on the feasibility of doing so, as well as steps which would be required, is due on or before 1 January 2022. 

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Source: AIER
Tags: aierbitcoinEconomyGoldgold standardmoneysound money
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