Grassroots Power: How Citizens and States Are Restoring Sound Money

Jp Cortez, Policy Director of the Sound Money Defense League, delivered his presentation “Grassroots Power: How Citizens and States Are Restoring Sound Money” at the 2022 StockPulse Silver Symposium, discussing the history of money, sound money, taxes, and tax legislation in the United States.

Since 2015, Sound Money Defense League, a policy project of Money Metals Exchange, has led national efforts to introduce and pass pro-sound money legislation across more than a dozen states.

Watch it here:


00:00 – Intro
01:42 – Where did money come from?
02:57 – Why barter fails
06:00 – What is sound money?
09:00 – History of sound money
15:17 – Sound Money Defense League
20:20 – What support does SMDL provide?
21:27 – Removing sales taxes on gold and silver
22:51 – Ending capital gains tax on precious metals
24:02 – Other SMDL initiatives
25:52 – Grassroots pressure works
28:40 – States that have passed pro-sound money legislation
29:17 – Defensive victories
30:08 – States considering passing pro-sound money legislation
30:35 – Sound Money Index
33:07 – What’s next?
34:29 – Contact us

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