They thought a national bank would hurt the economy. One claim is that the so-called national bank system is not really national at all. The US is its own sovereign nation. World bankers have allegedly inserted themselves into the system and are influencing US policies and politics. So people representing foreign interests are in the US and doing what is in best interests for the world banks rather than US interests. Nearly every president who tried to stop this somehow died prematurely.
Conspiracy theorists say that things like the Boston Tea Party, the War of 1812, and the deaths of several presidents were all connected to international banking. In their version, the Tea Party rebellion was not so much over taxes on tea, but on another commodity such as opium. The colonies were trying to establish an economic system that was not tied to Great Britain, and that angered the King of England.
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