I'm not sure sound money would accommodate the type of welfare and socialist-style programs that are widely employed in the West. The ones that require over taxation and money printing in order to be sustained.

For the working classes, I agree that it would improve prosperity. I'm kind of approaching this from the perspective of the welfare class who aren't interested in working. Those who rely on aid from governments, whether their own or foreign. I feel like a lot of the current systems would not be sustainable under sound money systems, and the result of this would be a lot of people being affected by poverty and ultimately death, since they only exist today because of an artificial system that props them up.