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Also known as the Mint Act and officially titled An Act Establishing a Mint and Regulating the Coins of the United States, ...
Mark Thornton dissected the gold-silver ratio on misesmedia, noting its near-record high of 100. Historically, around 15:1, this shift post-silver coinage impacts investment.
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
Lionel Laurent is a Bloomberg Opinion columnist writing about the future of money and the future of Europe. Previously, he was a reporter for Reuters and Forbes. Donald Trump is known for loving ...
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." 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 ...
France’s double price guarantee established global bimetallism: it ensured not only a stable exchange value of 15½ between silver and gold but also quasi-fixed exchange rates between all countries on ...
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 ...
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