Hamilton's bank of America?After the revolution Hamilton proposed a bank of America, can someone please give me a detailed description of what it is. |
Hamilton's bank of America?After the revolution Hamilton proposed a bank of America, can someone please give me a detailed description of what it is. |
A central bank, like our present federal reserve system. Other than Hamilton, most of the founding fathers vehemently opposed this plan, due to the risks of deficit spending and runaway inflation. As we are shown today, they were right and Hamilton was wrong. Hamilton was in favor of the elite banking interests controlling the monetary system and economy for their own enrichment.