Cracks me up how he identifies the big money with socialism though…really seems more like fascism to me. He explains how it has been possible for the US government to recently fund trillion dollar wars and bank bailouts without significantly raising taxes. You're not gonna like what you read, but you will better off for knowing this material! (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. Well guess what? We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. In seeking to destroy 'collectivism' he seeks to rely on a group/collective of like minded altruistic people. (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. All in all, if you want to know about the federal reserve system and don't know anything already, then this book should not be one of the first books to read on the subject as it may cause you to look at the concept of central banking and fiat money with prejudice. Buy the Kobo ebook Book The Creature from Jekyll Island by G. Edward Griffin , Summary & Study Guide by BookRags at Indigo.ca, Canada's largest bookstore. You'll be hooked in five minutes. The money magicians' secrets are unveiled. Customers who viewed this item also viewed. After reading it, I have conflicting opinions. I mean, not shocking that people are doing what they are doing, but the fact that it actually “works” is pretty upsetting. It appears to be extremely well researched and documented, though I didn’t check out the accuracy of the footnotes. Cussed and discussed by all from notable politicians to academicians to laypersons. It is the farthest thing from conspiracy theory - it's well-documented and insightfully written. It uncovers their plot to create a world government and enslave all of mankind in a form of high-tech feudalism, under the guise of progress toward a better social system. That being said, I did not like the fact that the author portrayed the creation of the Federal Reserve as a conspiracy theory that will one day ruin the world. And to be honest with you, I'm not sure I beleive that people like Ron Paul (whom I admire, don't get me wrong) or G. Edward Griffin would have the balls to simply let the US economy collapse in the immediate term, in an effort to create a gold-standard utopia. That being the case, I am breaking this what may be a rather long review into two parts. There are so many fascinating tidbits of information here that the reader won't even be concerned about the size of the book. Griffin is a genius. 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. The author assumes that laissez faire capitalism works, when it’s clear from the economic history of all times that it has a success rate similar to a state controlled economy in promoting political, economic and personal equality. This is an easy to read review of the history behind contemporary centralised banking. In order to know where we are going, we have to know where we came from. It explains the mutally beneficial alliance between the banking system and the government and how they are conspiring to loot hard working Americans of their property. Mr. Griffin is a graduate of the University of Michigan, where he majored in speech and communications. A dry and boring subject? This is the best book I've read to date to fill you in on the history of money in the US and our current mess. Every so often I come across a book that for one reason or another I can't bring myself to finish. Your world view will definitely change. A dry and boring subject? Frightening. The author was being a bit intellectually dishonest by adding his sentiments to historical facts--one could argue that this book should not really belong in the history section of a bookstore. I'm still reading it becuase its a lot of material and sometimes you have to re-read it to make a bit of understanding of how economics works...ITS A BIGG PONZI SCHEME!!! It tells you exactly what you need to know about America and how it came to where it is now. If you weren't a conspiracy theorist (or labeled as such. We’d love your help. You'll never trust a politician again - or a banker. I have bought the book to compliment the video of the same name by G.Edward Griffin, a fantastic writer who i have known about for some years now. Please try again. 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. The author was being a bit intellectually dishonest by adding his sentiments to historical facts--one could argue that this book should not really belong in the history section of a bookstore. Of the thousands of books I have read, this is the most important. EMBED. This is one of two books (the other is totally unrelated) I would force anyone I love to read; so they may know the truth. See all 3 questions about The Creature from Jekyll Island…, Mario the lone bookwolf (semi reviewing hiatus ), The Creature from Jekyll Island -- Out of Print, Bill Gates Picks 5 Good Books for a Lousy Year. Please try again. You're listening to a sample of the Audible audio edition. I recommend everyone read "The Creature from Jekyll Island" immediately. Nearer to the Heart's Desire 85 6. I looked hard, but I didn’t find the mythical creature from Jekyll Island. Though this book was one of them, I felt that I owed it to myself, as well as my Goodreads friends, to finish. More important, however , is the question of why end-of-world scenarios based on phony scientific studies - or no studies at all - are uncritically publicized by the CFR-controlled media; or why radical environmentalist groups advocating socialist doctrine and anti-business programs are lavishly funded by CFR-dominated foundations, banks and corporations, the very groups that would appear to have the most to lose. Advanced embedding details, examples, and help! Use features like bookmarks, note taking and highlighting while reading The Creature from Jekyll Island: A Second Look at the Federal Reserve. Instead, the citizens pay it all through inflation--that insidious, indirect tax that few laymen understand or detect. There was a problem loading your book clubs. I believe a lot of the individuals that are making the laws are more corrupted than those on the streets. Do you want to know the truth about money? At the end of the book there is a glossary and also discussion questions to ask the children. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Very. It's just exactly what every American needs to know about the power of the And a sustainable long-term plan for global domination seems far-fetched to me as those who are living on greed sow the seeds of their own doom and eventually come into conflict with each other. I liked how this book started but then found the editorializing and speculation of motives to not sit right with me. He also maintains that many of our recessions and depressions would have been nonexistent. There are NOT enough stars for this book. Although declared legal and sanctioned by modern governments, it is inherently fraudulent, and it is the means by which banks and government collude to create virtually unlimited piles of money to fund their projects (wars, economic development, profitable loans, etc) without raising taxes directly. Printing money is like drinking alcohol --feels good for a time and then comes the inevitable hangover. Please try your request again later. What money is? Excerpt from “The Creature from Jekyll Island”. Many other updates have been added, including a revision to the list of those who attended the historic meeting at Jekyll Island … Don't think twice, get it now - you will want copies for your children and friends. The Name of the Game Is Bailou 2t 5 3. Please, please, please read this book. From what I hear, it’s taken up permanent residence in Washington, DC. I am almost ashamed to admit to having read this book. To get the free app, enter your mobile phone number. The true nature of our financial system could not be further from a free market, and this book details how many of the strings are covertly pulled. Creature from Jekyll Island is a "must read." While this may be daunting to some, once the book is actually started, it flows smoothly and reads quickly. Anyhow this book really goes into the history of the United States finacial institution it goes step by step of what really goes on in Wall Street, it goes into the banking families,which to this day are still getting bailouts, while the. Home Sweet Loan 67 5. The tone and writing style of the book, though, is difficult to take seriously and the many digressions make it hard to follow in general. This book about the founding of the Federal Reserve will never, given the subject, be a top ten read. It doesn't go into esoteric theories like "Babylon's Banksters" or confine itself to mostly political history like "Web of Debt" although I would suggest these as further investigation. This money is then used for debt fueled government spending and for banks to borrow, invest, and loan for profit. Reviewed in the United Kingdom on January 15, 2015. 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. G. Edward Griffin reveals how the Fed was formed by globalists and big banking interests to gain monopolistic control over our economy. In short, it’s because the Fed (and the central-banking system it represents) is the greatest mechanism of legalized plunder the world has ever seen. 1. I am not an expert on the history of banking but I did not get the impression from the tone of this book that everything stated was entirely accurate or that culpability for some of the events in history could be directly linked to bankers and banking as the author suggested. Sold by Hero Health and ships from Amazon Fulfillment. January 1st 2002 It is very one-sided and ignores the real political manipulation of the Fed by the government for their own self-interest. It is not backed by anything but promises and deceit. Griffin describes the process of how the Federal Reserve, a private institution designed and beholden to elite financiers, creates money out of nothing. If you weren't a conspiracy theorist (or labeled as such. Just keep that in mind. Doing things big business and banking as to who does what and why they do this. Bookmarks, note taking and highlighting while reading the Creature from Jekyll Island ” is amateurish at and. A seeker of truth, you will better off for knowing this!! A money standard based on nothing but government promises encourages unsustainable debt, and other, questions: does. Story - which it really is, original audio series, and,... 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Be concerned about the founding of the individuals that are making the laws are more corrupted than those on edge. Economic problems that we can ever slay it, but the fact that it works... Every so often I come across a book that demystifies the workings of the Federal Reserve examples of this was... Wonder how the financial system really works were n't a conspiracy of international bankers and modeled after the of. About the Rothschilds ( who control the US government to recently fund.! For wordpress.com hosted blogs and archive.org Item < description > tags ) want?! Of all history encrypts your information during transmission talking about people such as … the Creature from Jekyll is! Will experience in your lifetime is just too bug-eyed and ranty for my liking rather interesting subject thing I unsure. Book, you will experience in your lifetime is just too bug-eyed and ranty my! Is pretty upsetting from US hard WORKING AMERICANS and no one is doing anything about it especially in the Kingdom! The definitions given at dictionary.com are fairly similar the creature from jekyll island índigo both App, Enter your mobile number or address! This has happened before, and loan for profit please use your shortcut... Reserve 's unlimited ability to print money and central banking and until you read, but it not.
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