Thursday, 14 November 2013

Hard Money Socialism

I'm periodically quizzed about 'Hard Money Socialism'.

1) "What is a 'Hard Money Socialist'?"

Someone who wants to save in currency, and to have the real value of those savings protected by society. (Socialising their risk.)

2) "Freegolders advocate saving in gold. Doesn't that make them 'Hard Money Socialists'?"

You are free to save in any way you choose. Freegolders do not believe gold is money. Does this answer your question?

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