1. a person who advocates for a monetary system based on a single metal, especially gold or silver
Usage: economics; historical

Examples

• The monometallist argued that only gold should back the nation’s currency.
• During the 19th century, monometallists and bimetallists engaged in heated economic debates.
• As a strict monometallist, he opposed any use of silver in the monetary system.
• The economist was known as a leading monometallist of his time.
• Monometallists believed that using only one metal would provide greater monetary stability.
• The political party attracted many monometallists who favored the gold standard.