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There wasn't that much gold to go around at the time, There were shortages of gold
因為當時沒有足夠的黃金在市場流通，黃金產量不足
For the dollar being packed with gold, The economy is expanding, the gold supply isn't
由于美元與黃金掛鉤,使得經濟不斷膨脹發展，黃金供應量卻跟不上
That means you get deflation and deflation was terrible news for indebted farmers
導致市場出現通貨緊縮，而通貨緊縮對負債累累的農民而言是個噩耗
Farmers had borrowed a lot of money
他們必須大量地借錢
for agricultural machinery, for their supply, just to get through the winter time or even the summer until the new crops come in
來購置農業生產機器并支撐他們度過冬天的艱難時期，甚至要熬過夏天，直到迎來新一輪豐收
So farmers tend to be debtors
因此很多農民都是負債者
and when you have a deflationary environment that means the debtors will have to pay off more money than they otherwise had to do
在通貨緊縮的大環境下，負債者要付比正常時期更多的錢才能還清債務
So there was a lot of real distress at this time going on
因此這一時期農民負擔極為沉重
What this populist movement had in its first platform
平民論者的第一個政綱就寫著
was to get rid of the gold standard to go to basically silver or at least bimetallism
要廢除金本位制，建立銀本位制或復本位制
but to have what they called free coinage of silver which meant that anybody could take silver into a mint
要實現他們多說的銀幣自由鑄造，就意味著任何人都可以把銀拿到鑄幣廠
like equate with gold at those days, turn in your silver and get coinage
就和黃金一樣，銀也可以直接被換成貨幣
and they wanted a ratio of 16 pounds of silver to one pound of gold
他們還提議用16:1的比例進行銀和金的兌換
which was not how silver was trading in the open market
這與應在自由市場上的價值相差甚遠
This is a policy that would have had been innative or reflect to currency inflation
這種政策會造成的相應結果是通貨膨脹
It would have meant that the debtor would be paying off their debts with cheaper dollars in a way
那么負債者就能夠以較少的美元還清債務
So it would be very beneficial to farmers who had these big debts
很大程度上緩解了負債重的農民的負擔
