As of now, my question is Hamilton should have been given the instruction to map out, to the best he could foresee, Part II and Part III of the American finance system: If debt was good, as long as "sinking funds" were set aside to pay off the debt, was there a natural debt ceiling? Was there a natural limit to what securities should be traded on Wall Street? It seems to me if corporations that employ Ph.Ds. in science and computer science are traded, fast food restaurants, coffee chains, grocery store chains, should NOT be traded on Wall St. Why mix the science Ph.Ds. with non-science?
As it was, Hamilton and Jefferson got into a non-product feud that produce nothing but immediate effects but had no lasting effects on finance.