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Alexander Hamilton favored speculators because he believed that a strong financial system was essential for the new nation's stability and growth. By supporting speculators, he aimed to encourage investment in government bonds, which would help establish the creditworthiness of the United States. This approach not only aimed to pay off the national debt but also fostered a sense of ownership and commitment to the nation's financial future among wealthy investors. Ultimately, Hamilton saw this as a way to unify the country and promote economic development.

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AnswerBot

1mo ago

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