The Bland Allison Act of 1878 The Silver Law They Had to Pass
Автор: The Coin Financials
Загружено: 2025-11-07
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The Bland Allison Act of 1878 The Silver Law They Had to Pass
In 1878, Congress overrode a presidential veto to pass the Bland-Allison Act , a law that forced the U.S. Treasury to buy and coin millions of ounces of silver every month. It was meant to fix a broken money system, but instead exposed deep political and economic divides that still shape America today. This video uncovers how silver became a weapon in the fight between Wall Street and Main Street, why the “Crime of 1873” sparked public outrage, and how the struggle between gold and silver shaped modern monetary policy.
#BlandAllisonAct #MonetaryHistory #GoldStandard #SilverStandard #USHistory #EconomicHistory #FinanceExplained #AmericanEconomy #MoneyHistory #Expressphere #thecoinfinancials
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