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To understand the current situation, Thornton took viewers on a historical journey back to the era of bimetallism, when both gold and silver served as legal tender. He explained that the ...
Back then, “Silverites” – agricultural debtors struggling with falling prices – chafed at the US’ shift to gold as the only commodity that could be accepted for dollars and called for a return to ...
Back then, “Silverites” — agricultural debtors struggling with falling prices — chafed at the US’s shift to gold as the only commodity that could be accepted for dollars and called for a return to ...
Our identifying assumption is that France’s decision to end bimetallism was exogenous from the viewpoint of countries on the silver standard. To deal with heterogeneity we implement a difference in ...
Using the heavily marketed movie “Wicked” as his news hook, Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s, including William ...
Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good but we cannot have it till some nation helps us, we reply that, instead of having a gold standard ...
We tend even not to have bimetallism." In other words, Gensler believes that nation-states control money and that economies do better when there’s only one nation-issued currency. While this ...
We tend even not to have bimetallism." Gensler cited Gresham's law – a monetary principle dating back to the 19th century that asserts that "bad money drives out the good" – and added that ...
Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good, but that we cannot have it until other nations help us, we reply that, instead of having a gold ...
G.P. Putnam's Sons, under the title of "Questions of the Day," is "Real Bimetallism," by Everett P. Wheeler, Esq., of this city. It is worthy of note because its author is neither a professional ...
S. in a world move toward bimetallism. The proviso overshadowed the proposal. Although the President expressed hope of getting international action, every statesman knew that no important nation ...
The full reports of the debate in the House of Commons (March 17) on the question of bimetallism bring out more clearly than was at first to be seen the position of the British Government.