“Don’t know much about Alexander Hamilton do ya?”
Completely different situation and objective: instead of leaving revolutionary war debt to the states, he wanted to help forge a national identity among 13 discordant colonies by having the federal government assume that debt, which should’ve been the federal government’s responsibility anyway. It was war debt, for goodness sake. I doubt that what’s taking shape today is what Hamilton had in mind.
Hamilton didn’t just do it cause of the war debt. He truly believed we’d be a stronger country with a federalized banking system.