The Sherman Silver Purchase Act (policy) (14 lugl 1890 anni – 14 lugl 1893 anni)
Descrizione:
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.
Aggiunto al nastro di tempo:
Data:
14 lugl 1890 anni
14 lugl 1893 anni
~ 3 years