Silverites advocated that silver should have an unlimited coinage. Gold bugs that gold should be used as a standard.
Goldsboro Goldbugs was created in 1929.
The term goldbug describes investors who were very bullish on buying the commodity gold. The Silverites were a political group in the US in the late-19th century that advocated that silver should continue to be a monetary standard w/ gold.
Silverites
Silverites
Goldbugs
goldbugs
Silverites
Gold bugs (gold standard) wanted "tight money" meaning less money in circulation. Silverites ( bimetallism) wanted "cheap money" meaning more money in circulation.
The term goldbug describes investors who were very bullish on buying the commodity gold. The Silverites were a political group in the US in the late-19th century that advocated that silver should continue to be a monetary standard w/ gold.
The term goldbug describes investors who were very bullish on buying the commodity gold. The Silverites were a political group in the US in the late-19th century that advocated that silver should continue to be a monetary standard w/ gold.
Gold bugs were advocates for a monetary system based on gold, believing it would provide greater economic stability and prevent inflation. In contrast, silverites supported the use of silver, often favoring a bimetallic standard that included both gold and silver to increase the money supply and stimulate economic growth. The gold bugs typically represented the interests of bankers and industrialists, while silverites were often associated with farmers and laborers who sought relief from debt. This conflict highlighted broader economic tensions in the late 19th century in the United States.
differences between now and then 1905s