bullionism

ˌbʊliˈoʊnɪzəm

Definitions

1. noun

A policy of hoarding or accumulating gold or other precious metals, especially in large quantities.

“The country’s economic policies were criticized for promoting bullionism, which led to a global shortage of precious metals.”

Synonyms

  • accumulation
  • hoarding

Antonyms

  • demonetization
  • devaluation