The early U. used a bi-metallic money system of gold and silver. Under this system: -The government was able to earn profits by selling gold….

The early U.S. used a bi-metallic money system of gold and silver. Under this system:

-The government was able to earn profits by selling gold.

-American coins were not accepted in England.

-The amount of money in circulation increased every year.

-Only one metal usually ended up circulating at one time.