Numismatic stories and slide presentations
Banking was chaotic in early Nineteenth Century America, but the system still provided the liquidity and money multiplication (through the extension of credit) required by a rapidly expanding country. By declaring war on the Second Bank of the U.S., President Andrew Jackson threw the system into turmoil. HIS Supreme Court was given the opportunity to destroy the banks and credit banking that Jackson despised. They declined to do so -- but they took their own sweet time about it!
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