The Creature from Jekyll Island | G. Edward Griffin

Summary of: The Creature from Jekyll Island: A Second Look at the Federal Reserve
By: G. Edward Griffin

Introduction

Embark on a fascinating journey to uncover the dark secrets behind the Federal Reserve in G. Edward Griffin’s book ‘The Creature from Jekyll Island: A Second Look at the Federal Reserve’. This summary will take you through the clandestine creation of the central bank, its misnomer, and its dangerous effects on the American economy and global politics. Delve into the links between powerful financial entities, politicians, and wars, as well as how the Federal Reserve manipulates the money supply and destabilizes the economy. Discover the role of secret societies, their aim for world domination, and the impact of fiat money on social stability.

The Origins of the Federal Reserve

In 1910, six powerful figures boarded a secretive train to Jekyll Island, Georgia, where they conspired to create a central bank with the goal of controlling the reserves of all banks and protecting their wealth. This new central bank would also have the authority to create money out of nothing and pass off any losses to taxpayers. The group included a senator, the assistant secretary of the US Treasury, and four bankers, representing 25% of the world’s wealth. The meeting was held on J.P. Morgan’s private island and marked the beginning of the Federal Reserve.

The Need to End the Federal Reserve System

The Federal Reserve System, established in 1913, is a misnomer. It serves the interests of a few elites over the public good and shouldn’t exist. The system has failed to meet its goals to provide economic stability, operates as a cartel harmful to taxpayers, is involved in usury practices, generates unfair taxes, and encourages war. It also disrupts the natural laws of supply and demand. The Fed is responsible for fiat money, which is the root cause of these issues. Unless the fiat money ends, the world will witness global organizations like IMF, World Bank, and UN, enabling a one-world government.

America under Socialist Threat

America has been threatened by the imposition of a socialist order for years. Throughout the Great Depression, government programs aimed at advancing home ownership created a culture of dependence, which has been increasingly propagated by those in power. The Bretton Woods Conference in 1944 resulted in the creation of a socialist world order consisting of a single currency, central bank, and mechanisms to control all nations’ economies. The Council on Foreign Relations is a launch pad for elite figures who want to rule America’s government, banks, universities, and media. Past and present members include key political figures and bankers. The CFR advocates for the convergence of the world’s monetary systems through the International Monetary Fund and the World Bank, trade agreements such as NAFTA, and pushing for countries like China and Russia to join global institutions. The fall of communism was a deception that only ceded some social freedoms to maintain behind-the-scenes control and attract investment capital. The only problem is that this story is not getting through to the public.

Banker’s Role in Military Pursuits

The establishment of the Bank of England in 1694 led to financing Britain’s military pursuits. Wars became common in Europe, and the Rothschild family of bankers became influential by financing governments. Napoleon Bonaparte refused to borrow from the Rothschilds, leading to their enmity. They even plotted to invade America and divide it between France and Germany. With the start of the First World War, the House of Morgan became a purchasing and shipping agent for war materials, profiting from both finance and sales. Financial interests conspired to spark US intervention in the war, and Wall Street funded the 1917 Bolshevik Revolution. Secret societies like the Round Table worked for world domination. Leaders advocating social democratic values came from factions like the American Round Table, whose offshoot, the CFR, is the most powerful group in America today.

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