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The Creature from Jekyll Island: A Second Look at the Federal Reserve, by G. Edward Griffin
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Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Reads like a detective story - which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again - or a banker.
- Sales Rank: #3319 in Books
- Published on: 2010-09-11
- Original language: English
- Number of items: 1
- Dimensions: 1.25" h x 8.50" w x 11.00" l,
- Binding: Paperback
- 608 pages
Review
G. Edward Griffin is to be commended for this splendid work. At first glance The Creature from Jekyll Island is a huge book. While this may be daunting to some, once the book is actually started, it flows smoothly and reads quickly. There are so many fascinating tidbits of information here that the reader won't even be concerned about the size of the book. The title refers to the formation of the Federal Reserve System, which occurred at a secret meeting at Jekyll Island, Georgia in 1910. It was at this meeting, as Griffin relates, that the "Money Trust", composed of the richest and most powerful bankers in the world, along with a U.S. Senator, wrote the proposal to launch the Federal Reserve System (which Griffin calls a banking cartel) to control the financial system so that the bankers will always come out on top. The biggest problem in modern banking, according to Griffin, is and has always been the creation of fiat money. Fiat money is money that is "declared" money by the government. It is not backed by anything but promises and deceit. All societies were sound financially when they used gold or silver to back their currency. When the bankers finally get their way and install fiat money, the result is inflation and boom and bust cycles. Griffin gives numerous examples of this, such as repeated failures by American colonies and European states in using fiat money. The purpose of fiat money is so that the government can spend more then they take in through taxes. Without writing reams on this book, it is sufficient to say that this is a must read for anyone who is interested in learning how the money system operates. Griffin gives comprehensive accounts of how the Fed creates money, and how this affects everyday life. I would have to say these sections are better than Murray Rothbard's book, The Case Against the Fed, because Griffin gives himself more room for explanation. Griffin does believe in the conspiratorial view of history, and he believes that the bankers are working in concert with such groups as the Council on Foreign Relations and the Trilateral Commission to bring about a socialist-world system in which an elite composed of intellectuals and bankers will rule over the entire planet. Griffin even spends a chapter outlining how this system could come about, and the consequent results of this socialist system. These chapters are a bit unsettling, but even if you aren't interested in this worldview, you can still learn much about the economy from this book. Recommended --By Jeffrey Leach on July 29, 2001
This book, while slightly marred by the occasional conspiracy theory, is a great account of one of the most important real life conspiracies of our time. It is well researched with plenty of footnotes for anyone who wants to look more deeply. It tells the real story of how bankers have lured politicians with easy money and ended up in control of most of the world. Whether or not they can keep up our (or rather, their) sleight-of-hand monetary system forever, the important thing is the power these bankers wield that should not be theirs. This book should be required reading. And by all means do your own research. Topics covered: founding of the Federal Reserve, war mongering, bail-outs, boom-bust cycles, the J.P.Morgans and Rothschilds of the world, the history of central banking in the United States, and most fascinating: how the money system really works in this country. Despite its lack of perfection, this book is by far the most relevant and interesting thing I have read about economics in a long time. It is written in terms that anyone can understand, which will immediately rule out the kind of reader who is impressed by a lot of technical jargon that supposedly demonstrates an author's mastery of the subject while only serving to confuse laymen (and experts too). --By A Customer on October 30, 1999
This book, while slightly marred by the occasional conspiracy theory, is a great account of one of the most important real life conspiracies of our time. It is well researched with plenty of footnotes for anyone who wants to look more deeply. It tells the real story of how bankers have lured politicians with easy money and ended up in control of most of the world. Whether or not they can keep up our (or rather, their) sleight-of-hand monetary system forever, the important thing is the power these bankers wield that should not be theirs. This book should be required reading. And by all means do your own research. Topics covered: founding of the Federal Reserve, war mongering, bail-outs, boom-bust cycles, the J.P.Morgans and Rothschilds of the world, the history of central banking in the United States, and most fascinating: how the money system really works in this country. Despite its lack of perfection, this book is by far the most relevant and interesting thing I have read about economics in a long time. It is written in terms that anyone can understand, which will immediately rule out the kind of reader who is impressed by a lot of technical jargon that supposedly demonstrates an author's mastery of the subject while only serving to confuse laymen (and experts too). --By A Customer on October 30, 1999
About the Author
Mr. Griffin is a graduate of the University of Michigan, where he majored in speech and communications. He is a recipient of the Telly Award for excellence in television production. He is the founder of the Cancer Cure Foundation and has served on the board of directors of the National Health Federation and the International Association of Cancer Victims and Friends. He is a Contributing Editor for The New American magazine, president of American Media and founder of the Reality Zone.
Most helpful customer reviews
36 of 36 people found the following review helpful.
Who finances wars
By DashNY
As a former ex-USSR citizen, I always wondered why wars were fought. Every molecule of my brain refused to believe that people did it for pure altruistic and patriotic reasons. This book puts it right:
* Why America fought in WW1
* Why Russian revolutions occurred and who benefited from those
* Why people in other countries are so gullible when receiving foreign aid.
* How the large bankers took advantage of those countries by legalizing smuggling, just for them, not the common folk
And most importantly:
* How the common US folk is paying for all of it out of its own pocket through the hidden tax of inflation.
A true eye opener. Gotta love America for letting a writer publish such an indispensable journey into history political deceit. Other countries like Russia would have probably made the author disappear, the way it has always been done.
A word of caution:
This book may make you angry. However please do understand that everything it talks about happened, happens, and will continue to happen so long as the earth is populated. Just accept it and find a way to be prepared for the future, as the past always repeats itself.
29 of 29 people found the following review helpful.
This is a stunning book....
By ColorMeAnonymous
Jekyll Island was recommended to me about 5 years ago, and I had always kept it in the back of my mind as something I should read one day.
I should have read it then, if not before.
This country is on a path to ruin....that ruin was pre-ordained....and the banking cabal that ordained it will do anything possible to gain wealth and power at our expense. For as easy as it is to get involved with supporting one political party or another, and to see the differences between them, the banking interests who pull their strings are really controlling the outcome. These parties are different only in rhetoric. The substance of what they do is almost identical.
I bought my copy of this book, and it impressed/scared me enough that I bought four others...one for each of my three adult children, and another for my brother. I have no background at all in finance or economics or monetary theory. And this book pulls all those together into a cogent explanation of the "whys" behind the chaos that seems to surround us.
I cannot recommend this book highly enough. The only problem I have with it is that it is not available for the Kindle.
2 of 2 people found the following review helpful.
The most informative and disturbing book I have ever read
By Amazon Customer
This is the most informative and disturbing book I have ever read. It appears to be extremely well researched and documented, though I didn’t check out the accuracy of the footnotes. Some takeaways: (1) The Rothschilds, the Morgans, the Rockefellers, and a few others, control this country, most of its media and its significant politicians, through their control of a cartel deceptively called the Federal Reserve System. (2) The same Rothschilds, and others, control other major economic powers through parallel control of their central banks, media, and politicians. (3) Despite our “Founding Fathers’” vehement opposition to any central bank or government-issued paper money, their efforts to ban it constitutionally have been circumvented. (4) Politicians, with few exceptions, cannot resist the appeal of being able to issue “fiat” (not backed by anything of value, therefore being able to be produced in ever expanding masses until that particular economy eventually collapses) money, because it seems much less painful than levying taxes, and virtually none of their electorate realize that its issuance enables the politicians to spend much more than they could ever raise through taxation while at the same time reducing the value of the citizens’ savings, salaries, pensions, etc. (5) “Fractional reserves” enable banks to loan out close to 10 times the value of their real assets, dramatically increasing the amount of ever-increasing currency in circulation and proportionately cheapening its currency (therefore up to 10 times the country’s recently doubled national debt), and to earn interest on each of those multiples loaned. (6) The Rothschilds and their fellow collaborators have learned that nothing inspires a country to engage in the massive issuance of fiat money like war, and they have therefore helped develop and funded “enemy” powers where none existed, then fostered wars among them, then financed both sides of those wars, then used their control of media to entice the ignorant public into believing in those wars, and reaped huge spoils from those wars, not only in interest on loans, but in lucrative commercial monopolies received for their troubles. (7) Groups of greedy (understatement) “idealists” (of which Cecil Rhodes may be considered a prime initiator) began before World War I working toward a single, socialist/communist autocratic world government which would impose the wonders of the elitist British culture on all the world (including the Fabians and, in the US, members of the Council on Foreign Relations) which they, of course, would control. (8) The economic and military strength of the US makes it difficult to subjugate to such a plan, so they need it (through its banks) to, i.a., make massive “loans” (with no expectation of principal repayment but with government [US taxpayers] guarantees) to less affluent countries, thereby dramatically economically and militarily weakening the US while distributing its wealth (on which they collect interest) to the less developed nations with examples like the US’s recent funding of Mexican drilling for oil in the Gulf of Mexico, and Brazil’s drilling for oil off its coast, while refusing to allow US drilling in the Gulf for “environmental” reasons, and blocking two pipelines that would have been environmentally far safer and better for the US economy and national security. Of course, this should be required reading in every high school and college, but then, consider the odds that such an idea would even be considered in the US “academic” institutions of today.
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