Definition, Meaning & Synonyms
bimetallist
Noun
/ˌbaɪˈmɛtəlɪst/
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Definition
A person or organization that advocates or supports a bimetallic monetary system, which uses two metals, typically gold and silver, as a standard of value.
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Examples
- The bimetallist movement gained traction in the late 19th century as a response to the gold standard.
- She identified as a bimetallist, advocating for a dual-metal standard in currency to promote economic equity.
- Many bimetallists participated in debates about the merits of a dual-metal standard during the national monetary conference.
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Meaning
Bimetallists believe in the economic stability that can be achieved by backing currency with both gold and silver, instead of relying on a single metal.
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Synonyms
- Monetary reformer
- Dual-metal advocate