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  • CREDIT supposes specific and permanent funds for the punctual payment of interest, with a moral certainty of a final redemption of the principal.

    Alexander Hamilton
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    Alexander Hamilton, James Madison, John Jay (1865). “The Federalist: A Commentary on the Constitution of the United States”, p.151
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CREDIT supposes specific and permanent funds for the punctual payment of interest, with a moral certainty of a final redemption of the principal. - Alexander Hamilton
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