What is the mission of the sound money defense league.

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The Sound Money Defense League is a national public policy group working to bring back gold and silver as America’s constitutional money. The organization focuses on the advocacy of sound money, emphasizing the historical role of gold and silver as a form of currency. It promotes the idea that paper money can have detrimental effects on governments and advocates for the restoration of gold and silver as a means to prevent government overreach. The group’s efforts are reflected in its activities, such as the “2024 Sound Money Index,” which highlights states’ adherence to sound money principles. The organization’s messaging and activities center around the belief that sound money, particularly gold and silver, is essential for economic stability and the prevention of government financial mismanagement.

The mission of the Sound Money Defense League is to focus on restoring gold and silver to their historic role as America’s constitutional money. The organization works at the state and federal level to rally concerned Americans, introduce legislation, and support sound money policies. It aims to oppose the debasement of currency and devaluation of the purchasing power of American savers by the federal government and central banks. Additionally, the organization seeks to expose and punish global money managers running the Federal Reserve and politicians who undermine the U.S. dollar. The Sound Money Defense League is dedicated to engaging the public, policymakers, and grassroots organizations in meaningful discussions about money, monetary policy, and the U.S. Constitution, with the goal of galvanizing a growing community of supporters.

the role of gold and silver as america’s constitutional money according to the sound money defense league

The Sound Money Defense League advocates for the restoration of gold and silver to their historic role as America’s constitutional money. The organization emphasizes that the U.S. Constitution originally established a system where gold and silver were the money of the country. According to the league, severing ties with gold has led to significant deficits and the massive growth of government, and it believes that gold and silver are the antidotes to these issues. The league works at both the state and federal levels to promote the investment potential of precious metals and to pave the way for the eventual readoption of the gold standard. It supports legislation calling for an audit of U.S. gold reserves, the removal of sales and income taxes from monetary metals, and the recognition of gold and silver as legal tender. The organization also aims to expose and hold accountable the global money managers running the Federal Reserve and the politicians who undermine the U.S. dollar. The league’s mission is to engage the public, policymakers, and grassroots organizations in meaningful discussions about money, monetary policy, and the U.S. Constitution, with the goal of galvanizing a growing community of supporters.

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