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silver coinage induced inflation which was beneficial to the farmers because it allowed farmers to pay loans of quicker and loans themselves were easier to acquire with the larger supply of money.

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Why did the populists want free and unlimited coinage of silver in SC?

Populists in South Carolina advocated for free and unlimited coinage of silver to increase the money supply, which they believed would alleviate economic hardships faced by farmers and working-class citizens. They argued that this policy would lead to inflation, making it easier for debtors to repay loans and improving overall economic conditions. By promoting silver coinage, they sought to challenge the dominance of gold-backed currency and address issues of economic inequality and deflation. This movement was part of a broader populist agenda aimed at empowering the agrarian and labor classes against established financial interests.


Why did western farmers wanted free silver?

why did western farmers want free silver?


Why did farmer want free silver?

why did western farmers want free silver?


Why did farmers want inflation?

Inflation would help pay off loans Inflation would help pay off loans


Why did farmers want the federal government to use silver money in addition to gold?

They owned silver mines and would get rich when the government bought their silver


Why did Populist support free silver?

Because they were for inflation, and many of the comprised of poor individual farm hands and farmers who were debt ridden and over worked by the rates of the railroads and banker's interest rates. With inflation, real debt was actually lower than deflation (which they were in during the gold standard)


Why did farmers want currency backed by silver?

so that if the dollar ceases to exist, then silver would be worth more; it's also a good investment.


Should you purchase silver coins or bars?

Whether you should purchase silver coins or silver bars depends on why you are purchasing silver. If you are a coin collector or want silver items that make a pleasing display, coins are probably preferable. If you are purchasing silver as a hedge against inflation, you may prefer bars, but may want to consider the security of where you will keep them.


What did the populist party want from the government?

There were a few things hat the populist party wanted. The items that the party wanted were, a secret ballot, an election for senators, an income tax, to oppose legislature votes, free coinage of silver, farmers to get the money back that they paid on loans, and the railroad system, telephone system, and telegraph system to be owned by the public.


Did president Reagan want to raise the inflation rate?

No


What characteristics do farmers want there cattle to have?

Farmers want their cattle to produce high quality meat and a high milk yield


Why did western farms want free silver?

Really, who DOESN'T want free silver? I know I wouldn't mind it! But seriously, do you not want free silver!?!