"The connection which formerly existed between the Government and banks was in reality injurious to both, as well as to the general interests of the community at large"
- Martin Van Buren
About this Quote
This quote by Martin Van Buren speaks to the relationship in between the government and banks in the past. He suggests that the connection in between the two was eventually detrimental to both the federal government and the banks, as well as to the general public. This might be interpreted as a warning versus the federal government and banks becoming too closely linked, as it can cause a scenario where both entities are worse off than if they had actually remained different. Van Buren's quote also suggests that the federal government and banks ought to be held accountable for their actions, as their choices can have a considerable impact on the general public. This is an essential suggestion that the government and banks should be held to a high requirement, as their actions can have a long lasting effect on the public.
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