multimetallism

[US]/ˌmʌltiˈmetəlɪzəm/
[UK]/ˌmʌltiˈmetəlɪzəm/

Translation

n.A monetary system in which two or more metals are used as the standard for currency with their relative values fixed by law.

Phrases & Collocations

multimetallism debate

multimetallism system

supports multimetallism

against multimetallism

multimetallism theory

multimetallism era

multimetallism history

multimetallism policy

multimetallism economics

multimetallism question

Example Sentences

the economist argued for multimetallism as a way to stabilize the currency system.

many 19th-century nations adopted multimetallism to balance trade.

the bimetallism debate eventually gave way to the gold standard, but multimetallism had its supporters.

multimetallism was proposed as an alternative to the single-metal standard.

the historical record shows that multimetallism worked best when both metals were abundant.

critics of multimetallism pointed to the difficulty of maintaining fixed exchange rates.

some scholars believe modern cryptocurrency systems could benefit from multimetallism principles.

the transition away from multimetallism was gradual in most european countries.

multimetallism requires careful management of two precious metal supplies.

the bimetalist movement lost momentum when gold became more dominant globally.

central banks discussed the implications of returning to multimetallism.

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