The Creature from Jekyll Island
G. Edward Griffin’s The Creature From Jekyll Island: A Second Look At The Federal Reserve will profoundly change the way you view the entire banking and monetary system in the US and abroad. It is a fascinating read.
The title refers to the creation of the US Federal Reserve Bank, which took place at a then-secret meeting in 1910Â (later confirmed by the participants), at a resort on Jekyll Island, just off the coast of Georgia.
Most of us grew up thinking of the Federal Reserve as a quasi-government organization that helps stabilize our money supply. How it does that is often a bit of a mystery, although it involves interest rates, and possibly reserve requirements. And it isn’t always clear what the relationship is between the Federal Reserve and the US government.
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