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Simple English definitions for legal terms

bimetallism

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A quick definition of bimetallism:

Bimetallism: A way of using two types of metal (usually gold and silver) to make money. Both metals are considered valuable and can be used to buy things. The value of each metal is fixed and they can be exchanged for each other. The United States used bimetallism from 1792 to 1873.

A more thorough explanation:

Bimetallism

Bimetallism is a monetary system where two metals, usually gold and silver, are used as legal tender and have a fixed exchange rate between them. For example, the American money system was based on a bimetallic standard from 1792 to 1873.

One example of bimetallism is the use of gold and silver coins as legal tender in the United States before 1873. Another example is the Latin Monetary Union, which was a bimetallic system used by several European countries in the 19th century.

These examples illustrate how bimetallism works by using two metals as currency with a fixed exchange rate. This system was used to provide stability in the value of money and to prevent inflation or deflation.

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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