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What did Andrew Jackson think of paper money?

Anonymous

∙ 15y ago

Updated: 8/19/2023

Jackson was not fond of paper money. He didn't want to use it because many of the state banks issued paper money without making sure that they had the gold and silver to back it up. The value of paper money fluctuated frequently and therefore it could not relied upon.

Wiki User

∙ 15y ago

What else can I help you with?

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