We have finally come to the end of this book. It was not a textbook on banking theory. It was a who-dunnit, and by now you know the answer.
We have covered a vast expanse of history and have wandered far afield from our main topic. It was necessary. Without the larger view, the case against the Federal Reserve System would have been weak. It would have omitted the elements of war, revolution, depression, and fraud. Without that long journey, we would be limited to a sterile discussion of interest rates, discount policies, and reserve ratios. That is not where the body is hidden.
In the foreword, it was stated that there were seven reasons to abolish the Federal Reserve System. It is time to repeat them here: 1. An excellent analysis of the v o t i n g records of all C o n g r e s s m e n a n d Senators is
p u b l i s h e d each year b y
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THE CREATURE FROM JEKYLL ISLAND
• It is incapable of accomplishing its stated objectives.
• It is a cartel operating against the public interest.
• It is the supreme instrument of usury.
• It generates our most unfair tax.
• It encourages war.
• It destabilizes the economy.
• It is an instrument of totalitarianism.
The purpose of this book has been to demonstrate the accuracy of those assertions.
A plan for recovery was finally presented which involves
sixteen steps, each based upon lessons which emerged from history. These lessons were mingled with a large amount of theory which is traceable only to the mind of the author himself. Which is to say there is no guarantee the plan will work. But it
There undoubtedly are technical flaws in these proposals, for the mechanism is merely a prototype. Someone surely will discover a gear that will not mesh or a lever that is disconnected. It will need the additional work of specialists in many diverse fields. Even then, the job will not be complete, for it must finally be handed over to those who are skilled in drafting legislation. Their task will be two-fold. First, they must make it workable in the real world of politics. Secondly, they must prevent loopholes and vagaries which could eventually subvert the plan.
But none of these considerations should deter us from beginning the process. We may not have answers to all the technical questions, but we
The Creature has grown large and powerful since its conception on Jekyll Island. It now roams across every continent and compels the masses to serve it, feed it, obey it, worship it. If it is not slain, it will become our eternal lord and master.
The crusade has already begun.
AN INVITATION
If you would like to join me in this crusade to
abolish the Federal Reserve and to restore American
prosperity, let me know who you are. I will advise
you of important developments and will put you in
touch with others who are already in the battle. I
will also send you a list of books, videos, pamphlets,
and other materials you will need for carrying the
message to your friends. Send a self-addressed,
business-size envelope with two postage stamps to:
G. Edward Griffin
P.O. Box 4646
Westlake Village, CA 91359-1646
Materials may also be obtained at our website:
www.realityzone.com
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APPENDIX
(A.) STRUCTURE AND FUNCTION
OF THE FEDERAL RESERVE SYSTEM
The three main components of the Fed are: (1) the national Board of Governors, (2) the regional Reserve Banks, and (3) the Federal Open Market Committee. Lesser components include: (4) the commercial banks which hold the stock, and (5) the advisory councils.
The function of the national Board of Governors is to determine the system's monetary policy. The Board consists of seven members who are appointed by the President and confirmed by the Senate.