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HeerJeet's profile
Jeet Heer
Jeet Heer
Jeet Heer
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@HeerJeet

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Jeet HeerVerified account

@HeerJeet

1. Writer, The Nation https://www.thenation.com/authors/jeet-heer/ … 2. email: jeetheer1967 at gmail dot com 3. Twitter essayist 4. Drawn by Joe Ollmann

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Joined June 2012

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    1. Jeet Heer‏Verified account @HeerJeet 1 Jun 2020

      Reading up on the late 19th century Populist & again struck by the fact that the loony, whack-a-doodle hayseeds wanted a fiat currency but the sound, sober, educated responsible elite wanted the gold standard. And as it turns out, the loons were right.

      18 replies 78 retweets 703 likes
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    2. This Tweet is unavailable.
      Jeet Heer‏Verified account @HeerJeet 1 Jun 2020
      Replying to @mattyglesias

      Yeah, the silver states being added to the union made bimetallism a plausible national issue. But Lawrence Goodwyn in his excellent Populist Moment notes that bimetallism competed with other monetary reforms including fiat currency. The populists had sound instincts.

      12:18 PM - 1 Jun 2020
      • 27 Likes
      • 🍍Tommaso Sciortino🥑 William Baughman Joseph Henderson Luke Olander 🇺🇦 Daniel First of all, dys·pep·tic IvanHeller
      4 replies 0 retweets 27 likes
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        2. Daniel Buchan‏ @zen_science 1 Jun 2020
          Replying to @mattyglesias @HeerJeet

          I was taught that greenbacks were Bad in the revolution

          0 replies 0 retweets 0 likes
        3. End of conversation
        1. Михайло Ska Tov‏ @m_s_ska_tov 1 Jun 2020
          Replying to @HeerJeet @mattyglesias

          I'd imagine that fiat currency would be a much bigger conceptual leap for people at that time; bimetallism accomplished the purpose without taking that leap of faith.

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        1. Fyodor‏ @Fyodor32768 1 Jun 2020
          Replying to @HeerJeet @mattyglesias

          I remember explaining to people that the Wizard of Oz was about bimetaliam and treated like a crazy person.

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        1. mkazin‏ @mkazin 1 Jun 2020
          Replying to @HeerJeet @mattyglesias

          Ironically, Republicans added those silver states because they thought they'd be reliable parts of their base. Bryan then carried them -- three times -- but their EVs were too small to matter

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        1. J B X‏ @JimbauxsJournal 1 Jun 2020
          Replying to @HeerJeet @mattyglesias

          Is there any essay that you recommend on this fiat populist movement in the 19th Century, for those of us who don't have time to read an entire book on it? Thanks.

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