.“Inflation”
4 short but fascinating videos on President Andrew Jackson, as well as various U.S. founding fathers, on fearing the actions and corruptions of big bankers!!! Sound familiar to today!!
1 President Andrew Jackson and Big Banks–sounds like today!!!) –(from History Channel)-
https://www.youtube.com/watch?v=Knf8KA5aAjw
2 (Also Thomas Jefferson) — http://www.youtube.com/watch?v=3cnItVN1Gk0 and
3 http://www.youtube.com/watch?v=H7yjfI19b7s
4 ( from HBO film mini series on President John Adams– (Watch at the dinner table–George Washington, Thomas Jefferson- who had just returned from Paris, Alexander Hamilton, our first Secretary of the Treasury, and John Adams
Note:
just talk about what both videos about.
Answer preview
The issue of the power that banks had in inflation and deflation of the economy, was one that certain leaders felt too corrupt. Andrew Jackson was among those leaders. He was a president who believed in a government ran by and dedicated to the people. His original plan while in office was to completely get rid of banks and the paper money but realized it was a hopeless attempt. His focused shifted temporarily to a constitutional problem that was threatening the union of the states, the issue of federal and state authority. The biggest problem came from South Carolina and this he dealt with by threatening those people with hanging if they continued with their plans of secession. He then returned his focus to the banks.(479words)