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Question
how did populists want the government to handle currency in the late 1800s?
populists wanted the government to make unlimited paper money.
populists wanted the government to make unlimited silver coins.
populists wanted the government to keep the gold standard.
populists wanted the government to limit the amount of paper money.
In the late 1800s, the Populist movement aimed to address the economic hardships of farmers and workers. They advocated for the free silver movement, wanting the government to mint unlimited silver coins. This was to increase the money supply, combat deflation, and make it easier for debtors (like farmers) to pay off loans. The gold standard was favored by creditors and established interests, while Populists opposed it. Making unlimited paper money wasn't their main focus, and limiting paper money went against their goals.
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B. Populists wanted the government to make unlimited silver coins.