In 1783, the Constitution had not yet been written, and Congress was operating under the Articles of Confederation. Congress had no ability to enforce its laws, no power to tax, and could not even meet its obligations to the newly-victorious Continental Army.
In the end, it only took the money changers and the power brokers 81 years to undue the actions of Andrew Jackson and get their way again, by convincing the U. S. Congress and President Wilson that we needed another central bank, euphemistically called the Federal Reserve, which isn’t federal and it doesn’t have any reserves.
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