The Creature from Jekyll Island: A Second Look at the Federal Reserve - Section V. The Harvest, Chapters 20-23 The London Connection; Competition Is a Sin; The Creature Swallows Congress; The Great Duck Dinner Summary & Analysis

G. Edward Griffin
This Study Guide consists of approximately 37 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of The Creature from Jekyll Island.
Study Guide

The Creature from Jekyll Island: A Second Look at the Federal Reserve - Section V. The Harvest, Chapters 20-23 The London Connection; Competition Is a Sin; The Creature Swallows Congress; The Great Duck Dinner Summary & Analysis

G. Edward Griffin
This Study Guide consists of approximately 37 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of The Creature from Jekyll Island.
This section contains 1,168 words
(approx. 3 pages at 400 words per page)
Buy The Creature from Jekyll Island: A Second Look at the Federal Reserve Study Guide

Section V. The Harvest, Chapters 20-23 The London Connection; Competition Is a Sin; The Creature Swallows Congress; The Great Duck Dinner Summary and Analysis

Summary

During the years following the Civil War, according to Chapter 20, the US economy went through extremes of the boom-bust cycle. This was due to the widespread use of fiat money and the implementation of many economic tricks that were doomed to failure. However, big fortunes were also made by powerful financiers and their market manipulations. The Bank of England, the House of Morgan and the Rothschilds were among the winners, buying up bonds and the such during busts that gained tremendous value during boom times. While this was going on, the British pound suffered in the international markets, which led...

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This section contains 1,168 words
(approx. 3 pages at 400 words per page)
Buy The Creature from Jekyll Island: A Second Look at the Federal Reserve Study Guide
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