5min chapter

Bogleheads On Investing Podcast cover image

Episode 78, Carola Binder, author of Shock Values: Prices and Inflation in American Democracy, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

Economic Conflicts and National Banks

This chapter examines the economic transformation in the United States from the Constitutional Convention to President Jackson's election, emphasizing the establishment of national banks and the tensions between different economic factions. It highlights the impact of the War of 1812 and the rise and fall of the Second National Bank, focusing on Andrew Jackson's opposition to centralized financial power.

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