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Why did Alexander Hamilton, as Washington's first secretary of treasury, advocate the creation of a permanent national debt and a national bank?

Why did Alexander Hamilton, as Washington's first secretary of treasury, advocate the creation of a permanent national debt and a national bank?
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Why did Alexander Hamilton, as Washington's first secretary of treasury, advocate the creation of a permanent national debt and a national bank?

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User Ibrahim Timimi
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1 Answer

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He wanted to create a National Bank in order to have a safe place for federal funds in order to reduce national debt. Hope this helps!
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User Mahdi Sheibak
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