Hoover was a corporatist, an inflationist, and a statist who tried every policy in the interventionist playbook. |
He took a moderate bimetallist position, endorsing the use of silver as well as gold, but opposing the inflationist policy of the unlimited coinage of silver. |
However, the inflationist governments and parties have not been ready to admit openly their endorsement of the tenets of the inflationists. |
The advance, in other words, can be cancelled by a mornings work of the inflationist as a currency expert has put it. |