Our mission, simply put, is to educate the public on the value of silver as money.
Since 1971, there has been a gradual conditioning of societies around the world to understand money as paper fiat notes printed by central banks. These paper dollars, pounds, yen, etc., were at one time claim checks on physical precious metals like gold and silver, the limited supply of which prevented governments from arbitrarily issuing more money than they had, resulting in inflation and a loss of purchasing power for their citizens. It is easy for the average person to understand that the more paper fiat dollars that are printed (now digital fiat dollars are typed), the less value they have sitting in ones bank account. What is perhaps more difficult to comprehend, is that this economic law is also responsible for a transfer of wealth away from the saver, and to the lender, who typically benefits from their initial higher purchasing power before those dollars fully enter circulation. The increase in the money supply (also known as inflation), increases asset values, furthering wealth inequality for those whose wages stagnate. This is a dangerous combination, and as the Greek philosopher Plutarch has reminded us, “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”
The Silver Independent believes that the best way to solve wealth inequality is for the people to regain control of the monetary system and to become independent of it by going back to sound money. Silver cannot be printed or typed into existence. It is rare, and beautiful. It has many industrial uses which makes it even more valuable. But finally, silver has always been the “people’s money.” We hope to contribute to this debate on the nature of money and share the wisdom of other like-minded advocates of silver who bravely remind us that there are indeed alternatives to centralized debt based fiat systems which empower some at the expense of others.
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument of protection of civil liberties against despotic inroads on the part of governments. — Ludwig von Mises