"Sound money" refers to a stable currency that maintains its value over time, making it a reliable medium of exchange. It is often backed by tangible assets, such as gold or silver, which helps prevent excessive inflation and ensures trust among users. The concept of sound money promotes economic stability and encourages saving and investment. When people have confidence in their currency, they are more likely to engage in long-term financial planning, leading to healthier economies. Examples of sound money systems can be found throughout history, including the gold standard used in various countries.