The Greater the Debt the Greater the Credit, Brilliant

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.

The Daily Reckoning