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Time for that Lecture on “Moral Hazards” of Bank Bailouts

John Trumbull Alexander Hamilton Google Art Project Cropped 3579973859

the staff of the Ridgewood blog

Ridgewood NJ, Alexander Hamilton, who served as the first Secretary of the Treasury of the United States, is known for his role in establishing the country’s financial system. One of his key actions was the creation of the First Bank of the United States in 1791.

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