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The Dig: Founding Finance with William Hogeland

Jacobin Radio

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The Public Debt of the United States

Debt was key to that weaving together of the nation, literally the bonds of bondholders. Hamilton learned from Morris and ran with it in order to fight the war. It was a risky investment, but they made it very sweet. They got investors, most many of whom were Morris's personal friends or part of his personal circle.

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