Vibhu Vikramaditya wins Sound Money Scholarship essay contest
Indian scholar earns $2,000 award in annual contest organized by US Money Metals Exchange and Sound Money Defense League
By Arun Kumar
Vibhu Vikramaditya of Gokhale Institute of Economics and Politics in Pune, India clinched first place among 2024’s graduate winners of Sound Money Scholarship, earning a $2,000 award for his insightful essay.
He was one of nine bright young scholars who earned $11,500 to put towards the cost of college through the scholarship program promoting the sound money cause.
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More than 200 students across four continents, a dozen countries, and 35 US states competed for this year’s scholarship funds, submitting essays addressing the problems of the Federal Reserve System, how a sound money monetary system could be restored, Central Bank Digital Currencies, and how a BRICS-currency might affect the value of the Federal Reserve Note.
Vikramaditya from Patna, Bihar, is an economics scholar with research interests in capital theory, monetary theory, and business cycles. He writes about events in the economy from a legal and economic standpoint and believes that safeguarding the liberty of each individual and its rights is the most important act towards peace, prosperity, and growth.
The annual essay contest is organized by Money Metals Exchange (the US precious-metals dealer ranked “Best Overall”) and the Sound Money Defense League, a national public policy group at the forefront of sound money legislative battles across the country since 2014.
Money Metals originally set aside 100 ounces of physical gold to reward over time those exemplary students who display a thorough understanding of economics, monetary policy, and sound money. Scholarships have been funded via this rapidly appreciating asset base, with gold having more than doubled in nominal value since Money Metals established the fund in 2016.
“Money Metals is not just about buying and selling precious metals; we’re committed to education and advocacy of the underlying sound money principles. Through our scholarship program, we’re extending our support to students who share our belief in the importance of economic freedom and a stable currency,” said Stefan Gleason, Chief Executive Officer of Money Metals Exchange.