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Indian scholar wins 2024 Sound Money scholarship
Vibhu Vikramaditya earned $2,000 for his essay on economic freedom.
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Vibhu Vikramaditya / LinkedIn- Vibhu Vikramaditya
Vibhu Vikramaditya of Gokhale Institute of Economics and Politics in Pune clinched first place in the 2024 Sound Money Scholarship, earning a $2,000 award for his insightful essay.
A total of $11,500 was awarded to nine outstanding students through this annual contest, which promotes the Sound Money cause.
The competition, which attracted more than 200 participants from across four continents, a dozen countries, and 35 US states, encourages students to explore critical issues surrounding monetary policy, economic freedom, and the role of sound money in modern economies.
Vibhu’s achievement highlights his deep understanding of these complex issues, making him a standout in the highly competitive field of participants.
Vikramaditya is from Patna, Bihar, and is an economics scholar with a focus on capital theory, monetary theory, and business cycles. His research and writings examine economic events through both legal and economic lenses. He strongly believes that the protection of individual liberty and rights is crucial for achieving peace, prosperity, and sustainable growth.
The contest, organized by Money Metals Exchange and the Sound Money Defense League, focused on topics such as the Federal Reserve System, the potential restoration of a sound money monetary system, the rise of Central Bank Digital Currencies, and the impact of a BRICS currency on the US dollar.
Money Metals Exchange, a leading US precious metals dealer, established the scholarship fund in 2016, originally setting aside 100 ounces of physical gold to reward students demonstrating a deep understanding of economics and sound money principles. Since then, the value of gold has more than doubled, significantly increasing the fund's worth and allowing for greater scholarship opportunities.
Stefan Gleason, CEO of Money Metals Exchange, expressed the company’s commitment to education and advocacy for sound money principles. “Money Metals is not just about buying and selling precious metals; we’re dedicated to supporting students who share our belief in economic freedom and a stable currency,” he said. “Through this scholarship program, we aim to help offset the rising costs of higher education while promoting the importance of sound monetary policies.”
In addition to its educational efforts, Money Metals Exchange continues to provide a range of services, including precious metals depository storage, a gold loan program, and active involvement in public policy advocacy for sound money.
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