John Steele Gordon
speaker
91 appearances
1 recordings
1 series
first heard Jun 2026
last heard 29 Jun
John Steele Gordon’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
And so that's how we established the Bank of the United States.
It was twenty percent was to be owned of the shares were to be owned by the federal government and the other eighty percent were to be held by private investors.
And we also put in the charter that the government had the right to inspect the books at any time.
And it was but worked very well.
There were only three banks in the United States in seventeen ninety, there were thirty in eighteen hundred.
American prosperity in the seventeen nineties, mainly thanks to the European War.
So the uh the circulatory system in the body.
And you have a good circulatory system, then you can flourish.
On the other hand, if you don't, you're in in deep trouble.
If you say break your arm, that's an incredible nuisance for six weeks, but then you're back in business.
If you have a heart attack, you're dead.
And we can have an industry go that down the tubes in the United States and fine, but if the banking system goes down the tubes, then the whole economy collapses.
financial circulatory system.
They were stalled done
By a lot of it was barter, a great deal of it was barter.
And this was a huge impediment to the development.
The American colonies have been growing very rapidly, but it would they probably would have grown even faster without it.
The seventeen eighties, on the other hand, was not a good period in the United States economy, because again the federal government simply didn't have enough power.
It couldn't tax, for instance.
It had to ask the states to send the money.
Showing 61–80 of 91 · page 4 of 5
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