The Bank of the United States

There's a political deal that's underneath this. And especially y. As we were talking about the coalition betweenpop ists and bankers and megga bankers in the a, 19 nineties and early two thousand,. There's a coalition between small bankers and farmers in the nineteenth century. Theres no efficiency or stability criteria by which you would do this. It did, however, work well for local unit bankers because they had captive local markets - sentuy. They ran local monopolies. So that that created this sort of cosy arrangement, good for the local farmers, good for in the north and midwest, good for unit bankers but bad for anybody else who wanted access to credit