Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s?
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  Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s?		 « previous next »
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#1
Gold Backed Only Currency		  
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Bimetallism Backed Currency		  
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Unsure		  
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Author Topic: Would you support gold-backed currency or bimetallism in the 1880s/1890s/1900s?  (Read 1104 times)
Kingpoleon
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« 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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Californiadreaming
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« Reply #1 on: August 01, 2016, 11:48:07 PM »
Gold-backed only currently.
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RI
realisticidealist
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« Reply #2 on: August 01, 2016, 11:57:03 PM »
You shall not crucify mankind upon a cross of gold.
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Antonio the Sixth
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« Reply #3 on: August 02, 2016, 01:54:30 AM »
Bimetallism (sane)
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Intell
Junior Chimp
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« Reply #4 on: August 02, 2016, 05:12:58 AM »
Quote from: realisticidealist on August 01, 2016, 11:57:03 PM
You shall not crucify mankind upon a cross of gold.
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mencken
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« Reply #5 on: August 02, 2016, 12:38:30 PM »
Sound money, which in this time period would be a gold standard.
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Wells
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« Reply #6 on: August 02, 2016, 12:41:49 PM »

The only option.
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Goldwater
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« Reply #7 on: August 04, 2016, 11:00:54 AM »
Probably gold-backed.
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Devout Centrist
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« Reply #8 on: August 04, 2016, 11:33:03 AM »
 Free floating fiat currency.

That is to say, Greenback.
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Sedona
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« Reply #9 on: August 04, 2016, 11:48:24 AM »
I would have still been an advocate for Greenbacks, but I would've supported bimetallism as a preferable alternative to the gold standard.
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Sir Tiki
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« Reply #10 on: August 04, 2016, 01:36:12 PM »
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RaphaelDLG
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« Reply #11 on: August 04, 2016, 02:43:43 PM »
I wouldn't say I'm a bimetallist, but I have looked at tasteful pictures of some types of precious metals on occasion.
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True Federalist (진정한 연방 주의자)
Ernest
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« Reply #12 on: August 04, 2016, 08:12:54 PM »
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?
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Kingpoleon
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« Reply #13 on: August 05, 2016, 12:23:41 AM »
Quote from: True Federalist on August 04, 2016, 08:12:54 PM
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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