History, asked by raquel123, 11 months ago

why did the populists party care so much about bimetallism?

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Answered by chaudhary5555dp
0

Answer:

Bimetallism was intended to increase the supply of money, stabilize prices, and facilitate setting exchange rates. Some scholars argued that bimetallism was inherently unstable owing to Gresham's law, and that its replacement by a monometallic standard was inevitable.

Answered by nivabora539
0

Answer:

Bimetallism was intended to increase the supply of money, stabilize prices, and facilitate setting exchange rates. Some scholars argued that bimetallism was inherently unstable owing to Gresham's law, and that its replacement by a monometallic standard was inevitable.

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