The creature from Jekyll Island
by G. Edward Griffin · first published 1994
57mentions
27recommended by
40HN commenters
2009–2026first – last mentioned
68% recommend25% neutral8% critical
Why HN recommends it
Narrative history of the Federal Reserve's creation, fractional reserve banking and the money system, said to read like a thriller; suits readers wanting a critical account of central banking and inflation.
Common criticism: Critics say it makes factual errors about Fed ownership and leans on conspiracy framing
Summarised by Claude from recommending comments
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…even then the dollar was backed internationally with gold, until Nixon closed the Gold window in the 1970s and defaulted the US government. An excellent book on the history of Money in the USA, is "The Creature from Jekyll Island" by G. Edward Griffin.
on “FBI seized PokerStars.com, FullTiltPoker.com, UB.com,... domain names” ↗For understanding the origins of Central Banking, highly recommend: The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin
on “What to read to understand central banking” ↗…1oz of gold is worth $1,476.06. This should make you stop to consider how much wealth has been transferred via inflation. For a more detailed explanation and history see: * Griffin, G. E. (2018). The Creature from Jekyll Island: A Second Look at the Federal Reserve * Maloney, M. (2013). Hidden Secrets of Money (https://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2...) * Still, W. T. (1996). The Money Masters (https://www.youtube.com/watch?v=HTPKJJ_CHjQ)
on “Currency (Restrictions on the Use of Cash) Bill 2019” ↗…investments: the bank pays you a small fee (3% in this case) and then takes risks with your money to make a higher return and keep the difference. I'd recommend reading up on the Federal Reserve (The Creature from Jekyll Island), the modern financial system (any of Michael Lewis's books, especially Boomerang and The Big Short), and maybe the first global banking families (The Medicis: Power, Money, and Ambition in the Italian…
on “Robinhood launches 3% checking account” ↗Highly recommended: Creature From Jekyll Island - A Second Look at the Federal Reserve Amazon reviews: http://tinyurl.com/lbowtv Video presentation by author: http://video.google.com/videoplay?docid=6507136891691870450
…consequence and not the largest theft in american history.... we're set up nicely for them to do it again. And again. And again. I suggest people who are genuinely interested in these things should read The Creature from Jekyll Island by Griffen. It covers the history of the federal reserve, and how they play the bailout game every other decade. Each time the amount is larger and the audacity and greed on the part of government and…
on “Larry Summers and the Subversion of Economics” ↗The Creature from Jekyll Island, Easy Reads: Alchemist, The Giver, The Greatest Salesman
on “Ask: Read a book that changed your life? Title?” ↗American Kingpin by Nick Bilton The Sovereign Individual by James Dale Davidson The Age of Surveillance Capitalism by Shoshana Zuboff Mastering Ethereum by Andreas M. Antonopoulos The Creature from Jekyll Island by G. Edward Griffin Mastering Bitcoin by Andreas M. Antonopoulos The Bitcoin Standard by Saifedean Ammous Digital Gold by Nathaniel Popper The Internet of Money by Andreas M. Antonopoulos Creating…
on “Top 57 Cryptocurrency Books” ↗The Creature from Jekyll Island : A Second Look at the Federal Reserve by G. Edward Griffin https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserv... The history of the foundation of the banks, central banks, and Wall Street…
on “Books to read to understand financial crime” ↗These are all the wrong books, very little truth in them. You should start by reading: The Creature from Jekyll Island by Edward Griffin.
on “What to read to understand central banking” ↗…bury your money in a concrete bunker a mile underground and they can still steal it. If you don't get a 7% nominal pay rise each year, you're actually getting a pay cut. I highly recommend reading "The Creature From Jekyll Island" by Edward Griffin for all the history and details. This is a global problem. The message in Bitcoin's genesis block reads "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." Bitcoin's…
on “Bitcoin Block 840000” ↗…anyone think of the grandmas???" before. I'm acutely aware of the history of this type of regulation in the USA. Ultimately this stuff keeps grandmas poor. You should all read G. Edward Griffens "The Creature from Jekyll Island". It's a history book about money, but it's not in the least dry. Government always has an excuse, usually a claim to be helping or protecting people, when it violates our rights. Keeping me out of…
on “China's Central Bank Bans ICOs” ↗…without realizing it. It's historically been very popular as a means of taxing the public without them realizing that's what you're doing. This probably not the space to get into all this but reading "The Creature From Jekyll Island" is a good start. That the major players in the banking industry got together in secret to write the Federal Reserve Act suggests who the system really benefits.
on “In Fed and Out, Many Now Think Inflation Helps” ↗You should read the book The Creature from Jekyll Island and learn about how the Federal Reserve was created, what it is (hint, it's a private bank), who owns it, and what it has done over the past 100 years. The federal government has some influence over…
on “The truth about the Bitcoin Foundation” ↗…like saying one fox appointed another to make sure the henhouse was safe. And now, thanks to Obama, the Fed has the power to FORCIBLY MERGE smaller banks. No way that could be abused, right? Read The Creature from Jekyll Island. Learn the fed's history. It's not exactly secret this stuff. But most people never get told. And of course the fed isn't going to advertise it.
on “Rand Paul Pledges to Immediately End NSA Mass Surveillance If Elected President” ↗