Sound money makes the subject academic.
No...it doesn't.
Far from it. Sound money allows for free market capitalism.
There is no sound money in communism. (either by no money at all - or a controlled economy - either paradigms mean no efficient price discovery mechanism, thus making sound money a nonsensical concept)
Labor creates wealth, not capital.
Precisely so, and capital can aid in the efficiency of that labor to go onto bigger and better things.
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