Alexander Hamilton's Market Based Debt Reduction Plan
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In 1790, Alexander Hamilton, the first Secretary of the Treasury of the United States, initiated a program to refund the U.S. debt. Debt that had sold at 75% discount two years earlier would be refunded at par into new funded debt of the new federal government. All foreign indebtedness would be
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美国国家经济研究局创建时间：
1991-01-01
