bimetallism
Two-metal currency system
Bimetallism is a monetary system using two metals, typically gold and silver, as the basis for currency at a fixed ratio of value.
The system was common in the 19th century but largely abandoned as countries moved to the gold standard.
The bimetallism debate dominated American politics in the 1890s.
Relating to land cultivation
- gold bugDevotee of precious metal
- sound moneyFiscally stable legal tender
Measure of ultimate quality
- silver standardCurrency pegged to gray metal
- legal tenderOfficially recognized payment medium
- coinageInvented term or currency
- convertibilityCapacity for free exchange
specie · bullion · parity · currency reform · demonetization
Sustained price level increase
- deflationSustained decrease in prices
- price stabilityConsistent general price levels
- monetary policyCentral bank economic controls
- money supplyTotal currency in circulation
purchasing power · exchange rate · circulation · debasement · currency fluctuation · trade balance · economic expansion · credit availability
The eighteen hundreds
- Gilded AgeLate 1800s American prosperity
- gold rushMass migration seeking ore
agrarian
Relating to land cultivation
- gold bugDevotee of precious metal
- sound moneyFiscally stable legal tender
gold standard
Measure of ultimate quality
- silver standardCurrency pegged to gray metal
- legal tenderOfficially recognized payment medium
- coinageInvented term or currency
convertibility · specie · bullion · parity · currency reform · demonetization
inflation
Sustained price level increase
- deflationSustained decrease in prices
- price stabilityConsistent general price levels
- monetary policyCentral bank economic controls
money supply · purchasing power · exchange rate · circulation · debasement · currency fluctuation · trade balance · economic expansion · credit availability · arbitrage
19th century
The eighteen hundreds
- Gilded AgeLate 1800s American prosperity
- gold rushMass migration seeking ore