The Federal Reserve System Scam | G Edward Griffin | Murray N. Rothbard

A few weeks ago, I wrote a post referring to the book by Edward Griffin, The Creature from Jekyll Island; A Second Look at the Federal Reserve. I have to admit that I haven’t read it in its entirety yet, but he has a summary at the end of each chapter that gives you a clear understanding of the problem that the Federal Reserves creates, how it does it, and why. It also explains how to proceed to solve the problem, and what can we do as individuals. Since this creature can bring the nation down, I decided to recommend it a second time. Everything is explained in a a way so simple that even someone like me, who is not well versed in these matters, can easily understand.

I also did some research and found the work of  Murray N. Rothbard, The Case Against the Fed. “The most powerful case against the American Central Bank ever written”

“Murray N. Rothbard, a scholar of extraordinary range, made major contributions to economics, history, political philosophy, and legal theory. He developed and extended the Austrian economics of Ludwig von Mises, in whose seminar he was a main participant for many years. He established himself as the principal Austrian theorist in the latter half of the twentieth century and applied Austrian analysis to historical topics such as the Great Depression of 1929 and the history of American banking.”

What Griffin has done then is make the Creature from Jekyll Island, (the monster), easy to understand. Recommended! Again! Important!

More info at: or do a search on Google or Yahoo.

Carrol Quigley – the bankers’ plan

“The Power of financial capitalism had [a] far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks, which were themselves private corporations.

Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world.”

Carrol Quigley, Tragedy and Hope, 1966 – [Bill Clinton’s mentor and Georgetown University professor]

Federal Reserve conspiracy

Jim Marrs, in his book Crossfire: The Plot That Killed Kennedy, speculated that the assassination of Kennedy might have been motivated by the issuance of Executive Order 11110.[47] This executive order enabled the Treasury to print silver certificates, bypassing the Federal Reserve System. Executive Order 11110 was not officially repealed until the Ronald Reagan Administration. Official explanations claim that the executive order was simply an attempt to drain the silver reserves, and did not actually endanger the careers of anyone working at the Federal Reserve.[48]

This theory was further explored by U.S. Marine sniper and veteran police officer Craig Roberts in the 1994 book, Kill Zone.[49] Roberts theorized that the Executive Order was the beginning of a plan by Kennedy whose ultimate goal was to permanently do away with the United States Federal Reserve, and that Kennedy was murdered by a cabal of international bankers determined to foil this plan.

Actor and author Richard Belzer has also discussed this theory. According to Belzer the plot to kill Kennedy was set in motion as a response to the President’s attempt to shift power away from the Federal Reserve and to the U.S Treasury Department.

Listen to the “speech that got President Kennedy killed” and tell me what you think. Your opinion counts. Thanks!


2 Responses

  1. […] And this definition of hyperinflation by Gonzalo Lira. “But hyperinflation is not an extension or amplification of inflation. Inflation and hyperinflation are two very distinct animals. They look the same—because in both cases, the currency loses its purchasing power—but they are not the same. Inflation is when the economy overheats: It’s when an economy’s consumables (labor and commodities) are so in-demand because of economic growth, coupled with an expansionist credit environment, that the consumables rise in price. This forces all goods and services to rise in price as well, so that producers can keep up with costs. It is essentially a demand-driven phenomena. Hyperinflation is the loss of faith in the currency. Prices rise in a hyperinflationary environment just like in an inflationary environment, but they rise not because people want more money for their labor or for commodities, but because people are trying to get out of the currency. It’s not that they want more money—they want less of the currency: So they will pay anything for a good which is not the currency.” The Federal Reserve System Scam | G Edward Griffin | Murray N. Rothbard […]


  2. […] And check this: The Federal Reserve System Scam | G Edward Griffin | Murray N. Rothbard […]


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