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Topic: Business
Number of pages / Number of words: 4 / 1012
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Madison did not argue that the debt should not be paid; he agreed with Hamilton that the payment of the debt was very important. However, he disagreed with Hamilton about the bonds, because he sided with the public in believing that only speculators would benefit from this plan. Regarding the states paying off their debt, he believed that many of the states had already made progress is repaying their debt, and that they should only be held accountable for paying their debt as it stood in 1783, when peace was resolved...


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Madison did not argue that the debt should not be paid; he agreed with Hamilton that the payment of the debt was very important. However, he disagreed with Hamilton about the bonds, because he sided with the public in believing that only speculators would benefit from this plan. Regarding the states paying off their debt, he believed that many of the states had already made progress is repaying their debt, and that they should only be held accountable for paying their debt as it stood in 1783, when peace was resolved...


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General points of the essay

Madison and Jefferson's Federalist Ideas Cost of Debt Debt Equity Mix Debt Financing Debt Market Debt Or Equity Debt Policy At Ust Inc Debt and equity Federalist Policies Debt NATIONAL DEBT Women and Debt life and debt A Debt that Must be Paid Life & Debt

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