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单词 bimetallism
释义

Definition of bimetallism in English:

bimetallism

noun bʌɪˈmɛt(ə)lɪz(ə)mbaɪˈmɛdlˌɪzəm
mass nounhistorical
  • A system of allowing the unrestricted currency of two metals (e.g. gold and silver) as legal tender at a fixed ratio to each other.

    Example sentencesExamples
    • Ireland's letter ritually attacked the Democracy's support of bimetallism.
    • Without context, what he writes on bimetallism is worthless.
    • Much is made of the collapse of bimetallism and its deleterious implications for countries on a silver standard.
    • In the words of his biographer Stephen Kantrowitz, Tillman regarded bimetallism as a ‘bridge between disaffected producers in the Democratic South and their brethren in the Republican West.’
    • The United States repealed the Sherman Act and bimetallism was dead.
    • Although generally conservative, Walker was capable of intellectual courage: he favored international bimetallism despite adverse attitudes in his home state of Massachusetts and in his profession.
    • Whole elections would turn on the questions about gold, silver, bimetallism, and the central bank.
    • Too little time is spent exploring the real benefits from the gold standard, and the author precipitously blames bimetallism's failure on the incompetence of the movement's leaders.
    • The raison d' être of bimetallism had been removed and England was on the gold standard.
    • Certainly no one is still alive who witnessed the founding of this country with acceptance of bimetallism - gold and silver - and government involvement only to assure honest weights and measures.
    • By this, of course I do not mean bimetallism, with its arbitrarily fixed exchange rate between gold and silver, but freely fluctuating exchange rates between the two moneys.
    • Duckenfield observes England's movement from bimetallism to a de facto gold standard in 1717.
    • There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.
    • But remember, bimetallism under a fixed standard is not necessarily a completely free system.
    • At the time of the great recoinage of 1696 bimetallism was still the basis of the British currency, silver and gold providing the mainstay.
    • Any world-currency system short of actual bimetallism or trimetallism requires a breakdown of borders and sovereignty.
    • This is useful advice - don't waste your time worrying about gold or bimetallism.
    • Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.

Derivatives

  • bimetallist

  • nounˌbʌɪˈmɛtəlɪstˌbaɪˈmɛdləst
    historical
    • ‘Bimetallism… the possible effects on Roman art, had the Etruscans been bimetallists.’
      Example sentencesExamples
      • Just such a result has followed a similar increase in the nation's supply of money to the joy of all - thus proving the contentions of the bimetallists.
      • He took a moderate bimetallist position, endorsing the use of silver as well as gold, but opposing the inflationist policy of the unlimited coinage of silver (free silver).
      • The creation of Oz (the name Oz may refer to the 16: 1 silver ounces to gold ounces rallying cry of bimetallists) recast this ancient belief into intellect (gold, sun) vs. emotions (silver, moon), the core tension of the Oz mythology.
      • It is proposed by the bimetallists to remonetize silver, and add it to the quantity of money that is to be used for measuring the value of all other property.
      • However, it would have been in order to discuss the bimetallist systems of other countries.
      • Naturally, as a faithful devotee of the Quantity Theory, he helped create, he was also opposed to the inconvertibility of paper currency and the bimetallist movement.
      • At luncheon I saw by the glare in his eye that he was going to propose again, and I just managed to check him in time by assuring him that I was a bimetallist.
      • It also bears out the bimetallist claim that the bimetallic price level should be more stable than the price level under a monometallism provided other things are reasonably equal and both precious metals are used for monetary purposes.
      • The bimetallist movement and others understood that a gold-only standard was ‘bad money.' Angela Redish writes, ‘Firstly, the coin whose relative market value had risen could be withdrawn from circulation making the monetary system either all gold or all silver.’
      • So went the decade, with the international bimetallists and gold men unable to halt limited silver coinage and the free coinage men unable to remove the limitations.
      • It is suggested that the example of French bimetallism and its success between 1850 and 1870 provided a success story to which bimetallists in the 1890s could refer.
      • A bimetallist and a believer in the quantitative theory of money, he originally called for free silver as a means of providing ‘more money’ and an equitable currency system.
      • Therefore, he argued that the People's party should gather bimetallists under its banner and maximize its chance of winning office.
      • Societies long ago started out using bimetallist systems, in which several types of metals (gold, silver, etc.) were used as currencies.
      • It also explains why some economists have argued that Frank Baum's The Wonderful Wizard of Oz is a political allegory dealing with the bimetallist argument.
      • There was truth in the war-cry of the bimetallists that a ‘crime against silver’ had been committed; but the crime was really the original imposition of bimetallism in lieu of parallel standards.
      • If our bimetallists in the halls of legislation were conversant with sacred history, they might get fresh inspiration from the views of the Patriarchs on good money.
      • Here are yesteryear's gold bugs, silverites, and bimetallists. Finally, William Jennings Bryan appears with his popular ‘Cross of Gold’ oration.
 
 

Definition of bimetallism in US English:

bimetallism

nounbaɪˈmɛdlˌɪzəmbīˈmedlˌizəm
historical
  • A system of allowing the unrestricted currency of two metals (e.g. gold and silver) as legal tender at a fixed ratio to each other.

    Example sentencesExamples
    • Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.
    • Ireland's letter ritually attacked the Democracy's support of bimetallism.
    • Too little time is spent exploring the real benefits from the gold standard, and the author precipitously blames bimetallism's failure on the incompetence of the movement's leaders.
    • The raison d' être of bimetallism had been removed and England was on the gold standard.
    • Any world-currency system short of actual bimetallism or trimetallism requires a breakdown of borders and sovereignty.
    • But remember, bimetallism under a fixed standard is not necessarily a completely free system.
    • Whole elections would turn on the questions about gold, silver, bimetallism, and the central bank.
    • Much is made of the collapse of bimetallism and its deleterious implications for countries on a silver standard.
    • At the time of the great recoinage of 1696 bimetallism was still the basis of the British currency, silver and gold providing the mainstay.
    • Certainly no one is still alive who witnessed the founding of this country with acceptance of bimetallism - gold and silver - and government involvement only to assure honest weights and measures.
    • This is useful advice - don't waste your time worrying about gold or bimetallism.
    • Duckenfield observes England's movement from bimetallism to a de facto gold standard in 1717.
    • There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.
    • The United States repealed the Sherman Act and bimetallism was dead.
    • By this, of course I do not mean bimetallism, with its arbitrarily fixed exchange rate between gold and silver, but freely fluctuating exchange rates between the two moneys.
    • Although generally conservative, Walker was capable of intellectual courage: he favored international bimetallism despite adverse attitudes in his home state of Massachusetts and in his profession.
    • Without context, what he writes on bimetallism is worthless.
    • In the words of his biographer Stephen Kantrowitz, Tillman regarded bimetallism as a ‘bridge between disaffected producers in the Democratic South and their brethren in the Republican West.’
 
 
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更新时间:2025/1/11 18:23:11