What role did bankers play in the economy of Jacksonian America?

Name: What role did bankers play in the economy of Jacksonian America?
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Bankers played a crucial role in the economy of Jacksonian America by issuing banknotes that were used as money for all transactions. These banknotes were typically backed by gold or silver reserves held by the banks. However, the lack of consistent regulations led to the issuing of too many banknotes, which often resulted in bank failures and economic instability.

What Role Did Bankers Play in the Economy of Jacksonian