Alexander Hamilton: People Profiled in Banking and Economics

Executive Summary

• A proponent of both a national and a privately controlled central bank.
• Hamilton clashed with Jefferson and others who opposed the control such a bank would have over society.

Introduction

The first head of the Treasury. Wanted a private central bank. Hamilton had the natural tendencies of deception to make him a private banker.

This is explained in the following quotation.

“The First Bank of the United States was modeled on the Bank of England, and the same private bank against which the colonialist had rebelled. Years later, Jefferson would say that Hamilton had tricked him into approving the bank’s charter. Jefferson stated the following about Hamilton’s bookkeeping “I do not at all wonder at the condition in which the finances of the United States are found. Hamilton’s object from the beginning was to throw them into forms, which should be utterly indecipherable.”

Source: The Web of Debt

https://www.amazon.com/Web-Debt-Shocking-Truth-System/dp/0983330859