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16min chapter
EP 24: Investing in US Financial History (with Mark J Higgins)
Library of Mistakes
Financial Crises and Central Banking in US History
Delving into the financial history of the United States, the chapter explores crises involving Alexander Hamilton and the central bank, like the 1792 crisis and the Panic of 1837. It highlights Hamilton's innovative approaches to managing financial collapses and the repercussions of dismantling central banking. The discussion also touches on investment cycles, foreign capital influx, and the impact on American infrastructure ownership.
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