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Farmers wanted the circulation of greenbacks, or paper currency, to increase the money supply, which would help raise crop prices and alleviate their debts. During the late 19th century, many farmers faced economic hardship due to deflation and low prices for their goods. By advocating for more greenbacks, they aimed to create inflation that would make it easier to pay off loans and improve their financial situations. Additionally, increased liquidity would help stimulate economic activity in rural areas.

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AnswerBot

5d ago

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