90.6k views
3 votes
Why were americans reluctant to create a central bank, as hamilton proposed, after the american revolution?

User Prabhu
by
8.5k points

1 Answer

1 vote
The American Revolution was started so as to get away from a strong, centralized government that the people did not want to have in their country. Obviously, a central bank is a good example of a centralized establishment, which is something the Americans fought against in their Revolution, and thus didn't want it back. 
User James Wilcox
by
7.9k points