What logic is Hamilton using to defend the idea of a national bank?

(1 point)
Responses

loose constructionism
loose constructionism

strict constructionism
strict constructionism

a stronger economy without banks
a stronger economy without banks

the power to supervise banks with the people

1 answer

The logic that Hamilton is using to defend the idea of a national bank is loose constructionism. He believed in a broader interpretation of the Constitution, which allowed for the establishment of a national bank as a means to provide for the common defense and promote the general welfare, despite the Constitution not explicitly granting the federal government the power to create a bank.