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Thursday, January 21, 2010

The National Bank....what's the big deal?


Why are banks important in our economy? Where would we be without them? Can you imagine carrying all of your coins around or keeping your money in a safe place at home? Do we really need banks? How do they influence our economy? The Founding Fathers debated this issue Alexander Hamilton on one side and Thomas Jefferson & James Madison on the other side. Should the government be forced to follow the Constitution word for word? Or should there be some loose interpretation involved while figuring out what the government can and can't do?


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