Definition of bimetallism in English:
A system allowing the unrestricted currency of two metals (e.g., gold and silver) as legal tender at a fixed ratio to each other.
- Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.
- Duckenfield observes England's movement from bimetallism to a de facto gold standard in 1717.
- There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.
- Example sentences
- It is suggested that the example of French bimetallism and its success between 1850 and 1870 provided a success story to which bimetallists in the 1890s could refer.
- However, it would have been in order to discuss the bimetallist systems of other countries.
- So went the decade, with the international bimetallists and gold men unable to halt limited silver coinage and the free coinage men unable to remove the limitations.
Definition of bimetallism in:
- British & World English dictionary