Dr. Tiemann takes a deep look at the historical antecedents, including Ely’s Rebellion and the writings of Joseph Hawley, to show why our monetary system relies on the soundness of Government credit. Dr. Tiemann maintains that keeping the public credit in good standing is of paramount importance.
Topics & Details
- Tags - Articles of Confederation, Creditworthiness, Deficit hawks, Ely's Rebellion, Government Debt, Jacob J. Lew, Joseph Hawley, Old Continental Soldiers, Public Credit, Shays' Rebellion, Steven Mnuchin
- Categories - Bonds, Congress, Debt, Economics, Government Credit, Market Disruption, Monetary Policy, Money, Notes, Tradition, US Budget Deficit, US Treasury Securities
- Download the PDF: - Government Credit and Money
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