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What about non-socialist systems? "Alexander Hamilton believed that a domestic debt, supported by federal taxes collected from all the states, would unify the
by giardini 11y ago
What about non-socialist systems?
"Alexander Hamilton believed that a domestic debt, supported by federal taxes collected from all the states, would unify the country", a quote from
"Why the Founding Fathers Loved the National Debt"
http://www.bloombergview.com/articles/2013-01-25/why-the-founding-fathers-loved-the-national-debt http://www.bloombergview.com/articles/2013-01-25/why-the-fou...
- protomyth 11y agoAlexander Hamilton's goal was to assume the debt from the independent states to bring power to the federal government. He wasn't a lover of debt. He was a lover of federal power. As a side note, how this figured into the creation of Washington DC is pretty interesting.