John Steele Gordon has been a highly experienced business specialist for 20 years. In addition to being the author of numerous scientific works, he was a contributing editor to American Heritage, written by John Steele Gordon. The argument discussed is that Alexander was an economic genius which Hamilton provides proof of by sharing that he created the debt conflicts in the nation. Focus more on the Confederacy and state governments. The Bank of the United States was also founded by Hamilton. With all the success that Hamilton has brought to the economy, it is assumed that this is the reason why the economy of today's society is so advanced. All of Hamilton's accomplishments would have you assume that he is an economic genius, but others will present a different view and argue that he is not. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essayAlexander Hamilton has an extraordinary adult life, but his childhood was not as admirable as the events that occurred during this period of his life. . Hamilton wrote a number of articles on what we today call the Constitution. He is known as George Washington's secretary because of all his contributions he made. All of Alexander's supporters asserted that the organization he had prepared for the Bank of the United States was of the greatest importance. Those who disagree with Alexander being considered a genius believe that he added too much to the constitution and involved himself in the economy more than he should have. Unlike the other Founding Fathers, Hamilton was not born in the United States like other Republicans. . With the battle for Britain and the American colonies, given that Hamilton was born on the West Indian island of Nevis, he gave much to his new country. Thanks to Hamilton's intense talents, he was recommended for the position of "financier of the Revolution" by Morris, one of his partners with whom he worked for several years. Morris knew that, in order to make money, Hamilton was the one who was going to lead the country on the path to success. As we know, the Revolution caused a lot of debt in the United States because of the old national government. Hamilton replaced this debt with revenue, which helped the United States enormously. The main debate was who would benefit from all the reimbursements Hamilton was putting in place. Most of the debt was in the form of bonds which then fell into the hands of wealthy merchants from the larger cities. These traders had obtained these bonds that were well below their face value, even as low as ten percent of their face value. Hamilton said a central bank has three main objectives. One of them is that it takes funds from the government and transfers them to the bank from one part of the country to another. This is a very important source of lending to the government and then to other banks, resulting in regulation of the money supply. Hamilton was against the idea of ​​the government issuing paper money because of the self-discipline that existed within the government. Hamilton did not trust the in-house specialists who handled the money. There was no evidence that the Continental Congress exercised self-discipline when it came time to spend money. Hamilton had the idea that an independent central bank could provide more than just exchange discipline, but also conserve money. If there were notes issued that were redeemable in gold or silver because they were in high demand, it..