Definition of bullionist
1 : an advocate of a metallic medium of exchange
2 : a believer in the prohibition of the export of specie and in the regulation of trade so as to insure an import of bullion preferably after each transaction —used especially in reference to early mercantilist doctrine
3 : one who holds that a premium on bullion is indicative of bank-note depreciation —used especially in reference to the English currency controversies of the early 19th century
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