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The Greater the Debt the Greater the Credit, Brilliant

07/27/10 Alexandria, Virgina — In a clip below, from the HBO series on John Adams, Alexander Hamilton and Thomas Jefferson take opposing views on the premise of a US Treasury and the concept of a central banking authority. Hamilton believes that a large and powerful federal government, with a massive debt, is essential to the future success of the nation. Were things to have gone differently…

This video came to our attention via The Daily Bail’s post on the founding of the Treasury.

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

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One Response

  1. Inuvik NWT said

    Well done Rocky. Hence America has trillions of dollars of credit to draw on.

    Party on America!

    To party, or not to party: there is no question:)

    on July 28, 2010.

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