The banks themselves were doing business on capitals, three-fourths of which were fictitious: and, to extend their profits they furnished fictitious capital to every man… –Thomas Jefferson to Richard Rush, 22 June 1819
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The banks themselves were doing business on capitals, three-fourths of which were fictitious: and, to extend their profits they furnished fictitious capital to every man… –Thomas Jefferson to Richard Rush, 22 June 1819
Related link