Skip to content


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 The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

The Daily Reckoning is your premier source for making sense of the news Washington and Wall Street generate. Each business day, The Daily Reckoning calls on its stable of world-class writers and thinkers to show you how to get ahead.

Start your 100% FREE subscription to The Daily Reckoning today and you’ll get a free research report, “How to Survive the Fall of Social Security.” Simply enter your email address below to get your free report and join over 495,000 worldwide Daily Reckoning subscribers!

We Respect Your Privacy and We will
Never Share or Sell Your Email Address

Related Articles:


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.

Some HTML is OK

(never shared)

or, reply to this post via trackback. Our Comment Policy.