Competing Philosophies: Thomas Jefferson vs. Alexander Hamilton

On page 329 of The Creature from Jekyll Island, A Second Look at the Federal Reserve by G. Edward Griffin, we find some interesting quotations from the writings of Alexander Hamilton and Thomas Jefferson. They read as follows:

JEFFERSON: “A private central bank issuing public currency is a greater menace to the liberties of the people than a standing army.” “We must not let our rulers load us with perpetual debt.”

HAMILTON: “No society could succeed which did not unite the interest and credit of rich individuals with those of the state.” “A national debt, if it is not excessive, will be to us a national blessing.”

So, are you a Hamiltonian or a Jeffersonian?

I’m a Jefferson man myself.


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