What is the relationship between inflation/deflation and the cross of gold speech?

1 answer:

3 0

The relationship between inflation/deflation with William Jennings Bryan's Cross Gold Speech is about how the country's economy had to accept the imposition of gold as the only way to validate American money; which Bryan felt was a punishment (making a clear allusion to the crucifixion and crown of thorns) the fact that only gold was proof of the real value of money and hence the economic depressions could originate. His solution to the economic depression he had started since 1893 was to mint "easy money" silver coins, with very little gold (a ratio of 16 to 1), unlimited, to end the depression.

You might be interested in

21)

Gennadij [26K]

Answer:

B: The sun is at the center of the Universe.

Explanation:

5 0

3 years ago

Read 2 more answers

We intend to begin on the first of February

Marta_Voda [28]

This telegram was part of an effort to "(4) enlist Mexican support for Germany if the United States declared war" This type of submarine warfare is what brought the US into the war.

7 0

3 years ago

Statement: all prejudice results in discrimination

Anna007 [38]

B) Agree
Even though prejudice does not always lead to discrimination, it usually does.

5 0

3 years ago

Economic problems for many countries in Europe in the 1920s and 1930s were mainly caused by

nirvana33 [79]

Economic problems for many countries in Europe in the 1920s and 1930s were mainly caused by "B. World War I," since this war left many countries torn apart in terms of their economies.

6 0

3 years ago

Read 2 more answers

Hey guys i got 35 questions, i might need your help on them. Btw they are all history.

Sedbober [7]

Answer:

okay,post them

Explanation:

4 0

3 years ago