he thought is was dumbif i put in 5 dollar for a bond and i wanted to be up in 3 years then the country would lose money becuase they would half to pay intrest
he thought is was dumbif i put in 5 dollar for a bond and i wanted to be up in 3 years then the country would lose money becuase they would half to pay intrest
Why did Antifederalists oppose Alexander Hamilton's plan
Why did Antifederalists oppose Alexander Hamilton's plan
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
because james madison was a douch
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Youmad bro?
because they didn't like the idea of money only being spent freely or unnecessarily.
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Whenever you take out a loan, you are borrowing someone else's money. Whatever you borrow, you are expected to pay back. A repayment plan is a plan about how much you will pay back a month, and for how long. Say if you take out a 1,000 loan. Your repayment plan could be you paying 100 a month for 10 months.