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

ISBN: 0912986182/ ISBN-13: 9780912986180

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

(Trade paperback: 2nd ed.)

by G Edward Griffin

4 out of 5 20 Customer reviews

American Media (CA), 09/1995, 624 pages, English


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goodreads rating 2 out of 5 2 out of 5
Oct 2, 2009
By Dave, Mount Horeb, WI

"This book was not as accessible as I thought it would be. It does chronicle the inception of the Federal Reserve and its machinations since 1913, but it does so in a very dry manner. There's also a lot of information (this book is quite large), which may not be important to fully grasp the ruin this country has become due to its central banking structure.

If you are curious about how the Federal Reserve works (or rather, how it doesn't work), read Murray Rothbard's book "The Case Against the Fed" instead. It's much more concise and easier to follow."

1 of 1 people found this review helpful.
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goodreads rating 2 out of 5 2 out of 5
Jun 29, 2009
By Chris, Los Angeles, CA

"Every single civilization with a 'fiat' money system has ultimately collapsed, claims Griffin. Well guess what? Every civilization created by people with two arms and two legs has also collapsed - eventually. The author is just too bug-eyed and ranty for my liking. Half way through, I felt like I was trapped in a corner with a Pub Bore. It's thought-provoking, yes. But with regards to the current crisis, issues such as the extreme monetary contraction caused by the Great Panic of 2009, or how an expansion in the money supply can be offset by the VELOCITY of money (ie, you print it, but people just stick it under the mattress) are glossed over, because they don't fit Griffin's gold-obsessive, the Fed-will-be-the-end-of-us outlook. And to be honest with you, I'm not sure I beleive that people like Ron Paul (whom I admire, don't get me wrong) or G. Edward Griffin would have the balls to simply let the US economy collapse in the immediate term, in an effort to create a gold-standard utopia. They would bring about anarchy and terrible suffering in the meantime. But what do such boring practical considerations matter when you have fear on your side and a convincing-sounding argument? Having said all that, these are issues worth reading about, and with Ben Bernanke currently busy hitting the 'oh, what the hell, print another trillion' button, this book is worth taking a loook at."

1 of 1 people found this review helpful.
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goodreads rating 3 out of 5 3 out of 5
Jun 28, 2009
By Kathryn, The United States

"This book seemed extremely well-researched in that the author clearly spent a lot of time reading primary sources for information. The economics that are presented are sound and, in the first part of the book, the description of money and banking in the US is one of the best I've read for a layperson.

The history of the Fed is fascinating. The author goes into the history of central banking and money in the US starting with the Continental Congress and up to the present day (he is constantly revising and updating the book). He ties in the role of banking into many aspects of the state - including war, peace, debt, and foreign aid.

The author, however, also has what I consider to be an unrealistic view of the goals of bankers and politicians. As he brings out the historical facts, he interprets them to make his case that the destruction is planned over many generations for an ideological goal of one-world government.

I found it fascinating to learn who was or is a member of the Council of Foreign Relations. But, I found that the CFR seems to be similar to any professional society. If a scientist wants to get ahead in their career, they will probably become a member of AAAS. AAAS has its own stated agenda and mission - and the scientist may or may not agree with the agenda or mission. But, membership provides other perks, including discounts and networking opportunities. To say that even a minority of AAAS members are actively aware of the AAAS agenda would be simply untrue. I imagine the CFR is more or less the same way - primarily a networking opportunity for those who want to get ahead in the world of politics. So, on this point I disagree with the author, and at times was frustrated with his writing, but it was nonetheless fascinating on the whole to learn a little more about this and other organizations and their members.

The 1st third of the book was wholly worthwhile. I enjoyed the last third more than the middle, but the last few chapters were a let down. Overall - it's an easy read, you'll learn a lot, and I'm glad I took the time to read it."

1 of 1 people found this review helpful.
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Customer rating: 5 out of 5 5 out of 5
Must Reading, Jun 25, 2009
By OldFuddyDud, Vonore, TN

"Griffin has written an extraordinary and marvelous essay defining and explaining the arcane principles fundamental to the Federal Reserve, central banking, and the inside story of how money is created and how money works. In easy to read and understand language, Griffin offers an essay that will entertain, educate, and often shock the reader.
Griffin will convince the reader that the most powerful and influential persons in the country and world are not the despots, dictators, presidents, nor generals; indeed, the central bankers and financiers control everything.
Griffin has documented his story with thorough and compelling research in an essay that every thoughtful citizen should read and reread."

2 of 2 people found this review helpful.
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