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This is actually why Andrew Jackson was dead set on killing the National Bank. As soon as you have groups pooling money to snatch up land to rent, you sort of
by salawat 5y ago
This is actually why Andrew Jackson was dead set on killing the National Bank.
As soon as you have groups pooling money to snatch up land to rent, you sort of destroy one of the big draws of the American dream, because in the end, the market will adjust to the whims of the conglomerates instead of the lone citizen.
This is exactly the outcome he was trying to avoid.