The arguments supporting the creation of the First Bank of the U.S. became the basis for a loose constitutional construction that flipped the system on its head. Instead of a federal government exercising powers “few and defined,” it gave us a central government with powers “numerous and indefinite”
Path to Liberty: June 28, 2021
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John Dickinson – Letters from a Farmer in Pennsylvania No 9 (1767)
First Report on the Public Credit
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The post It All Started with the Central Bank first appeared on Tenth Amendment Center.
The Tenth Amendment Center works to preserve and protect Tenth Amendment freedoms through information and education. The center serves as a forum for the study and exploration of state and individual sovereignty issues, focusing primarily on the decentralization of federal government power. Visit https://tenthamendmentcenter.com/