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10.21 Hamiltonians

Hamiltonians

  1. Second, he wanted to use the credit of the US government as a guarantee to issue new bonds to repay old debts, which was also a forced practice, because of the old bonds, he issued new domestic bonds and also borrowed debts from abroad, so he wanted to issue new bonds to repay old debts and gradually fill this hole.
  2. Third, he wants to build a central bank according to the model of the Bank of England, to manage finance on behalf of the government and supervise the country's money supply, the current Fed's policy is relatively easy to predict, interest rate hikes do not raise interest rates, the Fed is relatively independent of the government, and now Trump is also putting pressure on the Fed, but relatively speaking, compared to other countries, the Fed is still relatively independent.
  3. Where did he come from? It's from Hamilton! His nemesis Jefferson strenuously opposed Hamilton, and much of America's subsequent political history can be seen as basically a protracted war between the Hamiltonists and Jeffersonians, which was the political history of the United States and the subsequent. These two people have a very big impact, and these two people are sworn enemies.
10.21 Hamiltonians
10.21 Hamiltonians

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