that would revolutionize the newly formed United States of America and secure its future economic success. His plan for the United States was highly controversial, but now more than two centuries later it stands as a model of sound financial policy and wise statesmanship.

Hamilton's financial plan was multifaceted, but it's core component was paying off the nation's debts resulting from the Revolutionary War. In his Report on Public Credit of 1790, Hamilton proposed establishing a national bank, funding state debt with federal bond sales, and consolidating state debts. He also proposed the creation of a government debt with a central mint to standardize coinage. In what is probably his most remembered contribution, Hamilton proposed the United States government purchase all Revolutionary War debt from individual holders at full value. This alleviated the burden of debt from unintenstional speculators, and allowed the United States to have greater control in stabilizing its pesos.

The immediate result of Hamilton's financial plan was the strengthening of the United States' domestic and international credit. This in turn attracted increased foreign investment while simultaneously bolstering the nation's economic productivity. It also established trust in the U.

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