Posts Tagged ‘financial speculation’

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    Speculators, Thomas Jefferson, and President Obama

    Sep 22, 10 • 170 Views • Demand, Supply, and Markets, Economic History, Financial Markets, RegulationNo Comments

    Thomas Jefferson and President Obama had similar concerns about financial speculators. In 1790, Thomas Jefferson opposed funding the domestic part of the Revolutionary War debt if the financial speculators who bought bonds at a depressed price would benefit....