AndrewJackson
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History Byte: Why Andrew Jackson Despised Paper Money
šļø President Andrew Jackson (7th U.S. President) strongly despised paper money because in his era, private banks printed their own currency, creating instability and corruption.
Jackson believed centralized banks abused their power and that only gold and silver should back real money ā no unchecked printing!
His fight led to the shutdown of the Second Bank of the United States, reshaping American banking for decades.
š Interesting how old money debates echo in todayās crypto vs. fiat conversation.
š¬ Gold, fiat or crypto ā which do you trust most?
#AndrewJackson #MoneyHistory #SoundMoney #CryptoEducation #Binance
$ETH
šļø President Andrew Jackson (7th U.S. President) strongly despised paper money because in his era, private banks printed their own currency, creating instability and corruption.
Jackson believed centralized banks abused their power and that only gold and silver should back real money ā no unchecked printing!
His fight led to the shutdown of the Second Bank of the United States, reshaping American banking for decades.
š Interesting how old money debates echo in todayās crypto vs. fiat conversation.
š¬ Gold, fiat or crypto ā which do you trust most?
#AndrewJackson #MoneyHistory #SoundMoney #CryptoEducation #Binance
$ETH
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