The Creature from Jekyll Island

[Makalakumu]

No, this thread thread is not about monster movie. Its about the Federal Reserve and if you take the time to research how this came about, you'll wish this thread was about a monster movie.

Here's a guy who took the time.

Here is a lecture that he gave on the book that he wrote.

For a synopsis, check this out...

The title of Griffin's 1994 book refers to his depiction of a November 1910 meeting at Jekyll Island, Georgia, of seven bankers and economic policymakers who represented the financial elite of the western world.[22][23] The meeting was described by Forbes founder B. C. Forbes as "the real birth of the present Federal Reserve System."[24]

Griffin's work stresses the point which Federal Reserve chair Marriner Eccles made in Congressional testimony in 1941: "If there were no debts in our money system, there wouldn't be any money."[22] Griffin argued against the debt-based fiat money system on several grounds, such as its devouring of individual prosperity and its perpetuation of war. He also described the framework by which central bankers have been observed to underwrite both sides of an ongoing war or revolution.[25] Griffin says that the United Nations, the Council on Foreign Relations and the World Bank are working to destroy American sovereignty through a system of world military and financial control, and argues for United States withdrawal from the United Nations.[10]

Edward Flaherty, an academic economist,[26] has argued against many conspiracy theories about the Federal Reserve System and called Griffin's description of the secret meeting on Jekyll Island an "amateurish take on history" and "highly suspect".[27] Distancing himself from "conspiracy theorists" in the field, Griffin responded to Flaherty's analysis on his website.[28] Unorthodox theories about the Federal Reserve System have also found their way into the academic teaching of economics as material for critical discussion.[29]

A popular book on the Federal Reserve,[30][31] The Creature from Jekyll Island has been a business bestseller;[32][33] it has been reprinted in Japanese, 2005, and German, 2006. It also influenced Ron Paul during the writing of a chapter on money and the Federal Reserve in Paul's New York Times number-one bestseller, The Revolution: A Manifesto, which recommended Griffin's book on its "Reading List for a Free and Prosperous America".[34]

For those of you who listen to this and want to buy the book, here is the link.

So, now for the subject of this thread. Does the US need a central bank? Does any country? What does the Fed, REALLY do? Is this just another conspiracy theory? Why?

 

[terryl965]

If it is or not there is not much we can do. Sorry but I am a realist and relize what we can and cannot do. Helllook at the state of gas prices, food and everything else.