Quote by Alexander Hamilton
A national debt, if it is not excessive, will be to us a national blessing.
Summary
This quote suggests that having a moderate level of national debt can actually be beneficial for a country. It implies that borrowing money can be advantageous as long as the debt is not excessive. The explanation highlights the potential advantages of national debt, such as stimulating the economy, funding public projects, or investing in infrastructure. It suggests that when managed properly, national debt can function as a strategic tool that contributes to a nation's prosperity rather than being a burden.
Topics
Vanity
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