Alexander Hamilton is considering by many to be the father of U.S. banking and financial system. Hamilton believed that what the United States needed was order and stability. Hamilton was tasked with establishing a financial system for the new government and dealing with domestic and foreign monetary policy, specifically repayment of the Revolutionary War debt and trade relations among the states and with European countries. In my opinion Hamilton's plan was better for our country for several reasons.
Hamilton suggested a method of payment which is known as funding, that was a fair exchange. The method was based on getting money by borrowing it. He tho
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