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jan 9, 1790 - Report on Public Credit

Description:

Created by Hamilton
Recommends that the federal government should assume all states debts and fund the national debt
Explained that monetary and fiscal policy should favor the rich so that their good fortune would be spent within the economy, stimulating domestic growth

Added to timeline:

10 May 2018
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Date:

jan 9, 1790
Now
~ 236 years ago