Category The Age of Bimetallism: Two Metals, One Economy

The Age of Bimetallism saw many nations attempt to balance silver and gold as the foundation of their monetary systems. While the concept of using both metals as legal tender was not new, the 18th and 19th centuries marked a…

The rise of bimetallic systems in the 18th and 19th centuries represented a pivotal shift in global monetary policy, as nations sought to stabilize their economies and foster international trade. By adopting a dual standard that included both silver and…