On the record
The progress of an expansion, or rather a depreciation, of the currency by excessive bank issues is always attended by a loss to the laboring classes.
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gutenberg.orgThe progress of an expansion, or rather a depreciation, of the currency by excessive bank issues is always attended by a loss to the laboring classes.
Jackson highlights the negative impact of excessive bank currency expansion on the working class.
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The power, however, is in your hands, and the remedy must and will be applied if you determine upon it.
The paper money system of this country may be used as an engine to undermine your free institutions.