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

This is a profound, disturbing, and fascinating read. The author really lays out in detail how the global central banks, Federal Reserve, and financial system in this world really works. How our money is essentially worthless fiat currency, backed by little to nothing, and lent out and leveraged to the hilt. You learn about how the Federal Reserve was set up in secret by wealthy elite U.S. and European Bankers, how money is nothing more than debt, and how the constant lending, and bailouts of everything from railroads, to national governments create inflation, debase the value of money, and how banks create money out of thin air. You also learn about the history of money and different monetary systems, and how throughout history it too often leads to the collapse and downfall of civilizations. This is a must read for anyone who wants to know how the financial world really works, and how we are ultimately slaves to it all.

This book is amazing. It should be required reading (or at least the chapter summaries because it is a long book) for any college or highschool. This will explain everything about why the poor are getting poorer and the middle class is disappearing. You will have a complete picture of how the system works and why it has been created as it has. You won't be the same person after reading this masterpiece.

Excellent book! It just goes to show why it’s a bad idea to be emotionally invested in money. Money is a tool to create wars. Fiat is created out to thin air. The International Monetary Fund, the Federal Reserve, and even the UN are all agencies seeing to bring socialist one world government and financial demise of the world. They bail out third world countries and encourage communist regimes, hoping these economies will be much more in debt and enslaved by their nepotism. They do it so subtly, it’s all a game played by them. This book gives great detail and explains very clearly how this has come to be. It discusses the intricacies of present day fiat system - and how the federal reserve creates money out of thin air to lend to institutions. It is not so much a “reserve” of money but an independently run cartel (founded to eliminate competition & swallow smaller banks) that operates for profit rather than serving the greater needs of the economy and the people. The middle class have repeatedly been thrown under the bus and the rich keep getting richer under such a system. Money is just a store of value but to a “poor” mind (financially uneducated), it can be a very emotional thing that they work hard to accumulate. For the federal reserve, it’s their super power that they can legally create money from nothing and charge interest on money that didn’t even exist in the first place. They’re simply flooding the system and own everybody with their fake money. Who pays when the government spends money & bails out companies in an altruistic fashion? Where does the money go? Who pockets it? Money is an emotional trap for the financially uneducated. I think this book has helped me see how money is created and how the scales are tipped in the fed’s favor & not in ours. The federal government spends money so recklessly that it’s operating at a deficit and when it needs money it goes to the Fed without asking the public. The fed prints more money to pay the corrupt individuals who purposefully bankrupt their companies (and get the government to co-sign those loans) and pocket the extra $$ in terms of bonuses, dividends and salaries, and the rich still keep getting richer. When the government gets bailed out, the Feds pump more money into the system which leads to inflation. All this is irresponsible and reckless but done in the name of jobs and helping the public. The government is inefficient and a scapegoat run by politicians who twiddle their thumbs and knowingly bail out corrupt companies, and banks which operate just so they can make high risk loans. The public is distracted by FUD (fear, uncertainty and doubt) and expects handouts. I see money differently now that I know what to expect & why saving without appropriately investing the money to create Cashflow isn’t exactly helpful as it means next to nothing (you’ll stay poor if you continue to save). The book discusses how banks are pushed to legally commit S&L (savings and loans) fraud. Ultimately, the information contained within has helped me reflect on capitalism, the philosophy of Ayn Rand and how the global economy is on the brink of collapse because of present day fiat system and the federal reserve cartel. It’s a heavy book with a lot of content but it’s been written in such a way that you can pick which parts you want to read, and details can be skipped & you can read the chapter summaries. I’ve read the book until chapter 4, and I’m reading and making notes. Its an excellent book & I recommend every curious individual to read it. It’s opened my eyes to the idea of money, its declining value, and it’s lack of safety from external factors like Fed-created inflation and eventual economic collapse. This book was recommended by R Kiyosaki in Cashflow Quadrant & I decided to read it along with a list of other books that he recommended. I’m glad I did.

About half way through this book. The author makes a fairly mundane subject very interesting and, almost, suspenseful. If you want a better understanding of money, banking and the Federal Reserve, I highly recommend this book.

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This book is very detailed and surprisingly easy to read. Every American should read it and learn about the manipulation of money, especially how inflation is passed on to us as a hidden tax! We're over $38T in debt as I'm writing this review! Most of us have no idea because it started in 1913, long before we were born.

Great book, highly recommend

Brilliant book. A must to understand how exactly the US Federal Reserve was created by whom and for what purpose. This is extremely relevant to understand the imapct of dedollarisation on the American economy and the Western model of economic control of other nations.

The book came damaged.

Capire meglio come questa "Finanza" ha voluto le due guerre mondiali è necessaria per evitare la propaganda ufficiale degli "storici di corte" . La documentazione è eccelente ; in definitiva è questo che più ci serve. In fatti parlano da sè, non necessitano di "interpretazioni" da parte degli "accademici". La FED non è una banca privata, non è né una "riserva" né "federale.

This is a brilliant analysis of the Fed Reserve. The political entities that brought it into being. Their reasons for protectionism. It also goes into the pernicious effects of fiat currency money printing.