Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s? (user search)
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  Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s? (search mode)
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Poll
Question: skip
#1
Gold Backed Only Currency
 
#2
Bimetallism Backed Currency
 
#3
Unsure
 
#4
Other
 
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Partisan results

Total Voters: 29

Author Topic: Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s?  (Read 1121 times)
Kingpoleon
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Posts: 22,144
United States


« on: August 01, 2016, 11:09:46 PM »

The most major economic debate besides tariffs post-Lincoln and pre-Federal Reserve.
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Kingpoleon
Atlas Star
*****
Posts: 22,144
United States


« Reply #1 on: August 05, 2016, 12:23:41 AM »

As bad as the gold standard was, bimetallism is far worse. The idea that the value of gold and silver can remain in a fixed ratio is absurd.  The only semi-practical bimetallism would be to have both the gold eagle and the silver dollar, but not fix the value of an eagle at ten dollars. But who needs to have two different legal tenders in the same country?
Wow! A True Federalist stance!
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