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- PDF Name: The Creature From Jekyll Island
- Author: G. Edward Griffin
- Book’s Language: English
- Published Year: 1994
- Pages: 315
- File Size: 15.6 MB
- Downloads Type: Free PDF Download Books
- PDF File Name: The-Creature-From-Jekyll-Island.pdf
- Read PDF Online: Read The Creature From Jekyll Island Book PDF Online
- Category of the Book: Finance
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Summary of The Creature From Jekyll Island by G. Edward Griffin
G. Edward Griffin’s “The Creature from Jekyll Island” examines the US Federal Reserve System’s genesis. Document highlights:
- In 1910, a group of bankers on Jekyll Island, Georgia, secretly founded the Federal Reserve System.
- The Federal Reserve regulates money and the economy.
- Member banks own the private Federal Reserve.
- The Fed can print money by buying government assets and establishing bank reserves.
- Fed policies affect interest rates, inflation, and the economy.
- The Federal Reserve was blamed for the Great Depression and later economic disasters.
- The Federal Reserve’s lack of transparency and accountability has spurred reform and oversight.
- The Federal Reserve’s 12 regional banks, Board of Governors, and Federal Open Market Committee make it complex.
- The Federal Reserve regulates and supervises financial institutions.
- Powerful banking and financial interests influence the Fed.
“The Creature from Jekyll Island” criticizes the Federal Reserve System, questioning its purpose, power, and responsibility.
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