bimetallism

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Words related to bimetallism

a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio

References in periodicals archive ?
The leading bimetallist politician of his day was Representative Richard "Silver Dick" Bland of Missouri, a twenty-year veteran of the cause.
Harvey's bimetallist tract Coin's Financial School ([1894] 1963) sold perhaps a million copies (including bulk purchases by silver mining interests), reaching a wide public with its ridicule of academic defenders of sound money and the gold standard, notably a 'Professor Laughlin' who is soundly defeated in debate by the fictional 'Coin'.
The quiet decline of the union was broken only occasionally by the criticism of nostalgic bimetallists and by political tensions between France and Italy, after the latter had shifted its political alliance towards Germany, accompanied by a return to protectionism.
Bimetallists generally attributed the deflation to the failure of the gold-backed money supply to grow as fast as real output.