bullionism

Mercantilism in its simplest form was bullionism, but mercantilist writers emphasized the circulation of money and rejected hoarding.

Among the major tenets of mercantilist theory was bullionism, a doctrine stressing the importance of accumulating precious metals.

He opposed bullionism and Sir Robert Peel's banking and monetary laws, and the monetary policies of Samuel Jones-Loyd.

In reviewing a work of Davis Giddy on bullionism, he produced his own analysis, in the context of the Napoleonic Wars, of the connection of foreign exchange and shortages of bullion.