Bimetallism

he was right i mean we you because the they were this is the way i read it i could be wrong but they were relying on basically the spanish central bank as opposed to their own central bank and those the silver content was fluctuating so the value of the money was going up and down yeah

well depending yeah depending on the year of the coin you had so without consistency yeah yeah Bimetallism, note in the preceding quotation that Hamilton referred to both gold and silver coins, not merely silver.

That is because it was precisely at this time that Congress began to consider a bimetallic coinage.

In retrospect, this was a mistake for throughout history, bimetallism has never worked well very long.