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Assumption was Hamilton's idea to soak up the entire Revolutionary War cost, take loans from other countries, give thar same loan to citizens on higher
Assumption was Hamilton's idea to soak up the entire Revolutionary War cost, take loans from other countries, give thar same loan to citizens on higher interest. The citizen would pay back his loan, the US would pay its loan, and keep the difference in interest. What federal system kept track of this plan? Chase Bank Bank of United States Bank of America Private bankers
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