Jekyll Island

Following excerpt is from the book Secrets of the Temple -How the Federal Reserve Runs the Country by William Greider

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The Aldrich plan, it was said, was hatched at an infamous secret meeting at Jekyll Island, an isolated retreat in Georgia where key leaders of Wall Street finance met clandestinely in 1910 to settle on the terms for reform. The Jekyll Island meeting, which became a staple in the conspiracy theories surrounding the Fed, included Frank A. Vanderlip of National City (now Citibank), Henry P. Davidson from the Morgan bank and Paul Warburg of the Kuhn, Loeb investment house.
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You see folks.. this 'stuff' has been going on for a very long time.. a hundred years even..

Since the creation of the Federal Reserve Bank in 1913 the dollar has lost 95% of it's purchasing power.

Mere coincidence?

Or the culmination of the plan hatched in 1910?

Greg

Editorial Review Secrets of the Temple -How the Federal Reserve Runs the Country by William Greider

From Publishers Weekly
In this penetrating study of the Federal Reserve Board in the Reagan era, Rolling Stone writer Greider (The Education of David Stockman) views the "Fed" chairman (until recently Paul Volcker) as the "second most powerful" officer of government, the high priest of a temple as mysterious as money itself, its processes unknown to the public and yet to be fully understood by any modern president. Controlling the money supply by secretly buying and selling government bonds and thus affecting interest rates, the Fed can manipulate billions in business profits or losses and millions in worker employment and stock, bond or bank account values, the author explains. Greider's conclusions are startling at times. The Fed, he maintains, could have prevented the 1929 crash. He also asserts the "awkward little secret" that the federal government deliberately induces recessions, usually to bring down inflation and interest rates. A time-consuming but extremely informative read.
Copyright 1987 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.