 Sometimes the best intention reforms might actually make problems worse and you have to have the right economics backing the reform. So this is something that had kind of plagued various opponents of monetary cronyism since the 1700s. Partially, I would say one of the reasons, because Adam Smith himself wasn't that great on money, he had become sort of an apologist for the Bank of England and this is something Hamilton used to his, he leveraged to full effect. People they would criticize the central bank or they criticize these monopolistic licenses known as bank charters. They didn't really know what to replace it with. So some people said that, okay, bank charters are bad, we're creating these monopoly corporations. So therefore we need to grant even less bank charters. You would think that, okay, actually, well, yeah, that might make sense, right? You got these things are bad, so you want to have less of these things. But by doing so, you're actually strengthening the existing license companies because they're not facing any competition. So in Virginia, in New York, there were various proposals to restrict banking or to restrict the number of charters and you'd think that, okay, that's actually going to make a difference, but it's actually strengthening the underlying banking oligarchy. So you really didn't have until the 1830s or so the development or in the mass or at least the development of the free banking doctrine in the United States by Jacksonians William Cullen Bryant and William Leggett. These were individuals they realized that the actually the adverse clearing mechanism restrains credit expansion. So you want more banks or you want the freedom of entry, you don't want the government to block off entry in the banking system. We weren't there yet regarding sort of the proto-Jacksonian coalition that was forming, okay? And this is what we'll talk more about this once we get into the bank war of Andrew Jackson's era. But it is important to note that there was this issue over how to reform the system and the advocates of liberty, the forces of liberty, they weren't quite there. They weren't quite yet there, so to speak.