The Creature from Jekyll Island Author: G Edward Griffin Peter Klimon Carleen Taylor | Language: English | ISBN:
B00ARFNQ54 | Format: EPUB
The Creature from Jekyll Island Description
This is the classic exposé of the Fed that has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's 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. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story – which it really is, but it's all true. This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Your world view will definitely change. Putting it quite simply, this may be the most important book on world affairs you will ever read. 608 pages.
The 5th Edition includes a no-holds barred analysis of bank bailouts under the Bush and Obama Administrations that are shown to be nothing less than legalized plunder of the American people. Many other updates have been added, including a revision to the list of those who attended the historic meeting at Jekyll Island where the Federal Reserve was created.
~~TESTIMONIALS~~
"A superb analysis. Be prepared for one heck of a journey through time and mind." – Ron Paul, Member of Congress, House Banking Committee, 2008 & 2012 Presidential candidate.
"Scary. It's the story of the world banking system. Enough said." – Willie Nelson, Musician/Author
"Have you read this book? If not, read it. It's a fascinating and amazing journey." – Glenn Beck, TV commentator.
"A gripping adventure into the secret world of the international banking cartel." – Mark Thornton, Asst. Professor of Economics, Auburn University, Coordinator of Academic Affairs, Ludwig von Mises Institute
"This is a murder mystery about the financial 'murder' of the middle class." - Robert Kiyosaki, author of Rich Dad, Poor Dad
"A train-load of heavy history, written in such a relaxed and easy style that it captivated me. I hated to put it down." – Dan Smoot, Publisher/Editor, Dan Smoot Report
"As a career banker and president of a bank consulting firm, I thought I had a good understanding of the Federal Reserve, but this book changed the way I view our entire monetary system." – Marilyn MacGruder Barnwall, Grand Junction, Colorado
"I have just finished reading this for the FOURTH time!!!! Each time only adds another gloss of patina to the truth." – David J. Nitsche, ex banker (25 year career), Bridgeton, New Jersey
"My wife manages a large main library and told me there are over 37 people on the waiting list for The Creature from Jekyll Island. Branch libraries have similar reservations." - Stan
"Before reading your book, I thought I had a good financial education. My degrees and CPA, Accounting and Finance from New York University are impressive. ... But I must thank you for giving me the real education on money." - L.B., Denver, CO
"I've spent my career as Finance VP and CFO for a number of companies, and now I teach accounting at a Community College. I thought I had a handle on money, banking, and finance, but the Creature opened my eyes to things I never saw before and hidden causes I never dreamed existed." - James Sugden
"Seldom does anyone inspire me as you have with your intense research and information. Thank you for sharing with your readers the endless hours needed to bring about your fabulous 'door stop' as you described your book recently on T.V." - Larryn J. Bertrand, Foresthill, CA
- File Size: 3979 KB
- Print Length: 682 pages
- Publisher: American Media, Inc.; 5th Edition edition (July 4, 1994)
- Sold by: Amazon Digital Services, Inc.
- Language: English
- ASIN: B00ARFNQ54
- Text-to-Speech: Enabled
X-Ray:
- Lending: Not Enabled
- Amazon Best Sellers Rank: #11,788 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #3
in Kindle Store > Kindle eBooks > Business & Money > Industries > Banks & Banking - #7
in Books > Business & Money > Industries & Professions > Banks & Banking - #35
in Books > Business & Money > Reference
- #3
in Kindle Store > Kindle eBooks > Business & Money > Industries > Banks & Banking - #7
in Books > Business & Money > Industries & Professions > Banks & Banking - #35
in Books > Business & Money > Reference
This is the most important economic textbook since Marx wrote Das Capital. Whereas Marx goes great lengths explaining all the problems concerning the *production cycles* of capitalism, Griffin explains the *money supply* side. And this ends up being even more disturbing. Griffin explains that money is created "out of nothing", worse even, out of "less than nothing", out of DEBT. Whenever the government is in need of money, they "lend" it to the Federal Reserve, which, by the way, isn't a government institution, but a cartel of private banks, invented by the Rockefeller and Morgan families in Jekyll Island in 1910 and established by Congress in 1913. This Fed "creates" the money the government needs in the form of government bonds, ultimately made out of "paper and ink". Government then spends this money (payment to contractors etc.) and this money ends up as deposits in private bank accounts, where it is used in turn to back up private loans. More money is created "out of nothing", since banks typically lend 9 dollars for each dollar they have in deposit ! As you can see, all money is created out of debt. Would all debts be paid, all money would literally... disappear... Money which is not backed up by gold is thus an illusion.
Now, governments do all what is in their power to be indebted. Remember Bush and Obama rescued "Banks Too Big To Fail" (sic) and other Big Corporations, each time with more than 700 billion USD, without even raising taxes ! They even did better ! They lowered taxes at the same time ! Ever wondered how they perform this fascinating trick? Read this important book. Griffin shows that recollecting taxes isn't really necessary. But we DO end up paying those bills, every time government decides to "create money out of nothing". Don't be mistaken.
What exactly is the Federal Reserve (or "Fed," for short), and what exactly does it do? Where does our money come from? What do banks actually do? Very few Americans - including (perhaps especially) our puppet political leaders - can accurately answer these questions. G. Edward Griffin skillfully gives you all the shocking answers in this book.
Griffin writes very well and manages to make subjects as supposedly arcane as money and banking into things that any literate layman can understand. Besides the complete history of the Fed, Griffin also provides some general history of banking and money which puts it all in context. As a historian, I can tell you that his facts are mostly spot-on, as are his economic analyses. Griffin cites the sources and quotes people to back up most of his claims. Furthermore, to his credit, on the few occasions in the book when he does speculate or theorize, Griffin makes it clear that he is speculating or theorizing - unlike many other authors.
This is not just dry history, though - Griffin clearly has a point of view, and it's decidedly anti-Fed. Here are his reasons for wanting to abolish the Federal Reserve:
1. It is incapable of accomplishing its stated objectives (which are basically moderating the business cycle and maintaining a stable dollar - it has clearly failed on both counts.)
2. It is a cartel operating against the public interest.
3. It is the supreme instrument of usury.
4. It encourages our most unfair tax (ie, inflation.)
5. It encourages war.
6. It destabilizes the economy.
7. It is an instrument of totalitarianism.
The things that are happening in our economy and government today may not seem to make much sense - until you read this book.
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