142k views
1 vote
Farmers wanted more money in circulation in the late 1800s

to limit industry.
to inflate the value of a dollar.
to deflate the value of a dollar.
to make money used to repay loans worth more.

User Prmths
by
7.0k points

1 Answer

0 votes
Farmers wanted more money in circulation in the late 1800's (specifically 1888) because they wanted to inflate the value of the dollar. They believed that because the dollar was strong, the food would cost more and in turn they could also pay back their loans on an inflated dollar.
User Sujeet Kumar Mehta
by
7.5k points