Bimetallism

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Bimetallism. 1 connected concept: Price revolution (related to).

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Community · Price revolution

Summary

Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, creating a fixed rate of exchange between them.

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monetary system affected by silver influx
The relative value of gold and silver was disrupted by the massive influx of silver, causing significant volatility in bimetallic monetary systems across Europe.
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