Why do you prefer bimetallism, History

It is the late 1800's. You are deeply in debt. Why do you prefer bimetallism (unlimited coinage of silver)? a. the resulting inflation would allow me to pay back my debt with money that is worth less than what I borrowed and is easier to come by. b. the government will offer debtors a "bail out", if inflation reaches 5% or more c. Because I am a traditionalist and do not want to change the economic policy.

Posted Date: 2/10/2014 5:04:45 AM | Location : United States







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