The Sherman Silver Purchase Act (policy) (14 jul 1890 año – 14 jul 1893 año)

Descripción:

Event: "It increased the amount of silver the government was required to purchase on a recurrent monthly basis to 4.5 million ounces,(Socolofsky)" expanding the money supply.

Impact: By inflating the currency, the price of crops increased and make their debt payments cheaper as well.

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