system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why did Andrew Jackson oppose banks?
gpt
Hopefully someone will give a better explanation than me...

AJ did not hate all banks. He hated the idea of a centralized, national bank. Basically, he believed a central bank would wield too much power over the credit of the United States, and that instead each state should control its own monetary policy. When Jackson abolished the central bank - the *Bank of the United States* - he redistributed the money back to the states. 

The problem with a system like this is that there is no uniform monetary policy across the country. It could easily lead to runaway inflation if each state was printing its own money, or worse, making loans to other states ~~(see: Greek debt crisis)~~