The 1792 Panic That Gave Us the Buttonwood Agreement

What does a buttonwood tree have to do with Wall Street? In this episode, Lucas and Luna explore the Panic of 1792 — a credit crisis that nearly collapsed the young US government and led directly to the Buttonwood Agreement, the document that founded the New York Stock Exchange. They walk through Alexander Hamilton's debt assumption plan, the speculative mania in bank stocks, the collapse of William Duer, and the first coordinated federal bailout. Along the way, they draw parallels to modern market panics and ask whether central bank intervention really solves the problem or just delays it. A compact history of how America's first financial crisis created its most enduring institution. #PanicOf1792 #ButtonwoodAgreement #NewYorkStockExchange #AlexanderHamilton #WilliamDuer #CreditCrisis #SpeculativeMania #BankStocks #FederalBailout #EconomicHistory #WallStreet #DebtAssumption #LenderOfLastResort #USFinance #1790s #FexingoBusiness #BusinessPodcast #Economics Keep every episode free: buymeacoffee.com/fexingo