Free Market
Author:
Thomas J. DiLorenzo
Online Publish Date:
The Free Market 14, no. 1 (January 1996) The Gold Standard Act of 1890, which officially established the gold standard in America, was the culmination of a twenty-year battle between inflationists, who favored unlimited government purchase of silver (the “Free Silver” movement), and the advocates of sound money based on the gold standard. The