
Founding Finance with William Hogeland
The Dig
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The Public Debt of the United States
Hamilton learned from Morris and ran with in order to fight the war. The big piece of the debt was domestic debt, which simply meant issuing bonds bearing 6% no tax interest. It was a risky investment, but they made it very sweet and they got investors,. Most many of whom were Morris's personal friends and part of his personal circle.
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