The Dig cover image

Founding Finance with William Hogeland

The Dig

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app