Metallism

monetary principle on circulating currency; "bad money drives out good"

Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, creating a fixed rate of exchange between them. In all known historical cases, the metals are gold and silver.

19th-century attempt to unify several European currencies into a single currency that could be used in all the member states (1865–1927)

money with value derived from composition from a commodity (such as silver or gold coins)

competition between nations to gain competitive advantage by manipulating monetary supply

monetary system based on the value of silver

internationally agreed rules, conventions and supporting institutions that facilitate international trade

movements to amend the financial systeem

Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged.

Bullionism is an economic theory that defines wealth by the amount of precious metals owned. Bullionism is an early and perhaps more primitive form of mercantilism. It was derived, during the 16th century, from the observation that the Kingdom of England, because of its large trade surplus, possessed large amounts of gold and silver—bullion—despite the fact that there was not any mining of precious metals in England.

commerce phenomenon

economic policy issue in the United States from April 1, 1873 to December 23, 1913

thumb|Scheidemünze 1 Pfenning, A Scheidemünzen (singular – Scheidemünze) were representative coins or token coins issued alongside Kurantgeld or currency money in Austria and Germany up to start of the First World War in August 1914 whose intrinsic metal value was less than the legal value stamped on them. Like Notgeld ("emergency money") they were a kind of credit money or fiat money. The term Scheidemünze ("division money") referred to the "division into hellers and pfennigs during the purchase process" ("Scheiden auf Heller und Pfennig beim Kaufvorgang"). It thus applied to the low- to medi

1896 speech by U.S. politician William Jennings Bryan in support of a bimetallic standard

thumb | right | alt=Obverse of a Charlemagne denier (a silver coin) coined in Mainz from 812 to 814, now at the Cabinet des Médailles in Paris. | Obverse of a Charlemagne denier (a silver coin) coined in Mainz from 812 to 814, now at the Cabinet des Médailles in Paris. Metallism is the economic principle that the value of money derives from the purchasing power of the commodity upon which it is based. The currency in a metallist monetary system may be made from the commodity itself (commodity money) or it may use tokens (such as national banknotes) redeemable in that commodity. Georg Friedrich

any type of money that has face value greater than its value as material substance

coin minted by a government, but not necessarily current within the territory of the issuing country

1890 US act

United States political party