The war for independence left the newly free north American states in financial ruin, ravaged by internal division and runaway inflation. As Alexander Hamilton steps up to guide the revolution towards financial sustainability, he'll run into an unfortunate problem that he helped create: the US Constitution.
This is episode 3 of Dollars & Debt: The Story of Money from Benjamin Franklin to Occupy Wall Street, a series on US financial history created by Athens Politics Nerd.
Watch episode 2: https://youtu.be/2psLgpf6y7s
Watch episode 4: https://youtu.be/w4gT-ER_HWw
SOURCES
Money, Whence it Came, Where it Went by John Kenneth Galbraith
A Financial History of the United States by Margaret Myers
The Origins and Economic Impact of the First Bank of the United States, David Jack Cohen
Banks and Politics in America, Bray Hammond
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