Bimetallism could benefit farmers by stabilizing the value of their crops and reducing the risk of price fluctuations. With a system that recognizes both gold and silver as legal tender, farmers may have a more secure and predictable environment for their transactions and investments.
It would increse the money supply.
either gold or silver
It would put more money in circulation.
by stimulating the stagnant economy
Nevada silver miners
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
It would put more money in circulation.
how would you benifit from working at a new company
I would benifit from squirrels, because they help my indegestion.
The political goal of farmers was lower prices for grain storage.
Bimetallism was a monetary system that died in the late 19th century in the US.
Farmers wanted it , because it would make money more available. AP3X