Hamilton. While many know the broad strokes of his life and career, Hamilton's lasting legacy is his economic and financial plans for the newly-formed United States of America. Above all else, these plans set the country on the path towards becoming the economic world power it is today.

Hamilton's most famous economic plan is the establishment of the National Bank of the United States (now known as the U.S. Federal Reserve). This was done to create a more stable currency, maintain the national creditworthiness, and standardize fiscal policy. This gave the government a reliable system to raise money for public projects like roads and harbors, which allowed industry to grow.

Perhaps less talked about, but no less important, was Hamilton's taxation plan. Hamilton wanted to use taxes to offset some of the national debt. This seemed odd at the time, as most countries used debt to cover expenses. But his plan encouraged more citizens to contribute to the economy by paying off debt, which largely worked in the United States.

In addition, Hamilton also championed tariffs, which gave the nation a newfound economic clout. This allowed the US to significantly grow exports, pushing the American

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