The Creature from Jekyll Island book cover

The Creature from Jekyll Island by G. Edward Griffin Summary

The Creature from Jekyll Island
G. Edward Griffin
4.29 (6601 Reviews)
Economics
Finance
Politics
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Overview of The Creature from Jekyll Island

Unmasking the secretive 1910 meeting that birthed America's central banking system. With over 6,400 Goodreads ratings, this controversial expose reveals how a banking cartel allegedly controls our economy. What financial truths are being hidden from you by the Federal Reserve?

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Principais Lições

1

The Hidden Architects of Modern Banking

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Imagine a secret meeting where seven men who controlled a quarter of the world's wealth gathered on a secluded island to reshape America's financial future. This actually happened in November 1910, when banking titans including representatives of the Morgan and Rockefeller empires met at Jekyll Island off Georgia's coast. Their mission? To design what would become the Federal Reserve System. The participants arrived separately, used only first names, and maintained elaborate cover stories about a duck hunting expedition. For nine days, they worked 12-hour shifts crafting a plan that would fundamentally transform America's monetary system. What emerged was essentially a banking cartel disguised as a government agency. The plan addressed five key objectives: stopping competition from smaller banks, creating an elastic money supply, pooling reserves to protect against bank runs, shifting losses from bank owners to taxpayers, and convincing Congress this scheme primarily served the public interest. This clandestine gathering, initially denied by historians but later confirmed by participants themselves, represents one of history's most consequential financial conspiracies - one whose effects we still feel today.

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@Raaaaaachelw
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@Matt, YC alum
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@Erin, Investment Banking Associate , NYC
platform
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