Bimetallism

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf Monetary system
gptkbp:advocatesFor gptkb:William_Jennings_Bryan
gptkb:Populist_Party
gptkbp:criticizedFor Difficulty maintaining fixed ratio
Market fluctuations of metals
Potential for arbitrage
gptkbp:debatedBy gptkb:United_States_presidential_election,_1896
gptkbp:defines A monetary system in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed rate of exchange between them.
gptkbp:goal Promote economic growth
Increase money supply
Stabilize currency value
gptkbp:historicalPeriod 19th century
https://www.w3.org/2000/01/rdf-schema#label Bimetallism
gptkbp:notableCountry gptkb:France
gptkb:United_Kingdom
gptkb:United_States
gptkbp:opposedBy Monometallism
gptkbp:relatedConcept gptkb:currency
gptkb:economic_policy
gptkb:Free_silver
gptkb:Gresham's_law
Fiat money
Legal tender
gptkbp:relatedEvent gptkb:Coinage_Act_of_1873
gptkb:Sherman_Silver_Purchase_Act
gptkb:Bland–Allison_Act
gptkbp:replacedBy Gold standard
gptkbp:usedMetals gptkb:gold
Silver
gptkbp:bfsParent gptkb:The_Gold_Standard
gptkbp:bfsLayer 6