Why do you prefer bimetallism, History

Assignment Help:

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.


Related Discussions:- Why do you prefer bimetallism

How did his rule compare to that of the assyrians, What were some of the re...

What were some of the reasons why Cyrus was successful as a ruler? How did his rule compare to that of the Assyrians?

What allowed europeans to increasingly influence, What allowed Europeans to...

What allowed Europeans to increasingly influence, dominate and colonize the world after the fifteenth century? Include the key inventions and reasons of the exploration and scienti

Preparation of a habeas corpus petition, A state may constitutionally prohi...

A state may constitutionally prohibit which of the following in its state penitentiary: a. one prisoner giving another legal advice and assistance in the preparation of a habeas co

World War II: The road to war, What arguments were made in favor of isolati...

What arguments were made in favor of isolationism? How and why did America’s isolationist stance erode entering into the 1940s?

Roman empire, why did early civilization in Europe begin in grecce

why did early civilization in Europe begin in grecce

What were the short-run results, What were the SHORT-RUN results of these f...

What were the SHORT-RUN results of these following programs? 1) The Square Deal of Theodore Roosevelt 2) The New Deal of Franklin D. Roosevelt 3) The Great Society of Lynd

Describe the basic needs of means of obtaining citizenship, Citizenship rig...

Citizenship rights can be granted through birth or naturalization. Describe the basic requirements of each means of obtaining citizenship. In your own words, summarize the rights o

Polarization, :Discuss the issue of increasing polarization in American pol...

:Discuss the issue of increasing polarization in American politics. How has President Obama tried to lessen the tension, and has he been successful?

Disadvantage of rail travel compared to canals, Which answer best details a...

Which answer best details a disadvantage of rail travel compared to canals? a. Canal boats could transport heavier loads than trains. b. Railroad locomotives sometimes explod

Key values of liberalism, What were/are John Locke's FIVE key values of lib...

What were/are John Locke's FIVE key values of liberalism and how did his beliefs factor into present day life in the United States as we know it today?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd