The Creature from Jekyll Island: A Second Look at the Federal Reserve

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Please note that I put the original German text at the end of this review. Just if you might be interested. The Narration was excellent. I often felt as though I was traveling by train through history, being enlightened as my traveling companion Mr. Griffin explained to my understanding, in some cases for the first time the passing historical landscape.

As for history: I've never read a book before that considered Bertrand Russell a member of a conspiratorial league bent on the absolute destruction of freedom before. The easy explanation is that he wasn't. Griffin also states that Russell was a Fabian Socialist. This isn't true. He also states that the Russian Revolution was an inside job organized by bankers to take over Russia. Also not true. Nightingale SL (1984). "Laetrile: the regulatory challenge of an unproven remedy". Public Health Rep. 99 (4): 333–8. PMC 1424606. PMID 6431478. Every so often I come across a book that for one reason or another I can't bring myself to finish. Though this book was one of them, I felt that I owed it to myself, as well as my Goodreads friends, to finish. It is a story that needs to be told. That being the case, I am breaking this what may be a rather long review into two parts. The first paragraph is a concise review that I hope you read, and if you are stimulated to read more, then read my review in its entirety.

There are few historians who would challenge the fact that the funding of World War I, World War II, the Korean War, and the Vietnam War was accomplished by the Mandrake Mechanism through the Federal Reserve System,” Griffin writes. “An overview of all wars since the establishment of the Bank of England in 1694 suggests that most of them would have been greatly reduced in severity, or perhaps not even fought at all, without fiat money. It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that.” We theorized a strategy, dubbed the Rothschild Formula, in which the world’s money cabal deliberately encourages war as a means of stimulating the profitable production of armaments and of keeping nations perpetually in debt,” Griffin warns. “This is not profit seeking, it is genocide. It is not a trivial matter, therefore, to inquire into the possibility that our elected and non-elected leaders are, in fact, implementing the Rothschild Formula today.” The US Constitution forbids states from issuing paper currency but gives the federal government the right to “coin money” or to assign it a value based on an extrinsic commodity such as gold or silver. Conflicts raged among the Founding Fathers over debt and monetary management. Their experiences soured many of them on fiat money. Even in Colonial times, financial interests favoring paper money periodically triumphed. The Bank of North America, the first US central bank, opened in 1781. It enabled deficit spending and enriched bankers, as did the second central bank, the First Bank of the United States, in 1791. Both were hotbeds of fraud and theft; both failed. The Southern states, with their “wildcat banks,” pushed the US into the War of 1812, an unpopular conflict that relied on bank-issued fiat money. In November, 1910, I was invited to join a small group of men who, at Senator Aldrich’s request, were to take part in a several days’ conference with him, to discuss the form that the new banking bill should take. … when the conference closed … the rough draft of what later became the Aldrich Bill had been agreed upon ... The results of the conference were entirely confidential. Even the fact that there had been a meeting was not permitted to become public. … Though eighteen years have gone by, I do not feel free to give a description of this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy. I understand, however, a history of Senator Aldrich’s life … will contain an authorized account to of this episode” (Warburg 1930, pp. 58-60). In an article published in the New York Times in 1907, Paul Warburg, a successful, German-born financier who was a partner at the investment bank Kuhn, Loeb, and Co. and widely regarded as an expert on the banking systems in the United States and Europe, wrote that the United States’ financial system was “at about the same point that had been reached by Europe at the time of the Medicis, and by Asia, in all likelihood, at the time of Hammurabi” (Warburg 1907).

To ensure governments maintain and expand debt, it must therefore be involved in war or other crisis of similar magnitude. It is frowned upon to raise the question whether the social system that has existed for millennia does not present severe design errors as the basis for the current economic system.Reason 3: It is the supreme system of usury. Griffin defines usury as “the charging of interest on a loan of fiat money”. This distorts a true process of lending as it depends on the creation of debt and money from nothing. The new business model for America is clearly recognizable. Its dominant feature is the merger of government, real estate and commerce into a single structure, tightly controlled at the top.” Griffin works hard at establishing explicit links between the bad a Where does money come from? Where does it go? Who makes it? The money magicians’ secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. Kenadjian, Berdj (2006). From Darkness to Light. Zakarian, Martin, illus. (2ded.). Phenix & Phenix Literary Publicists. p.94. ISBN 978-1-933538-24-2 . Retrieved 2009-03-17.