Book contents
- Frontmatter
- Dedication
- Contents
- Acknowledgements
- Epigraph
- Introduction
- 1 The Genesis
- 2 The System
- 3 The Island
- 4 The Politician: Nelson W. Aldrich
- 5 The Architect: Paul M. Warburg
- 6 The Lieutenant: Benjamin Strong, Jr
- 7 The Emissary: Henry P. Davison
- 8 The Professor: A. Piatt Andrew
- 9 The Farm Boy: Frank A. Vanderlip
- 10 The Panic, the Pirate and Pujo
- 11 The War
- 12 The Journalist: Bob Ivry
- Conclusion
- Notes
- Bibliography
- Index
- Frontmatter
- Dedication
- Contents
- Acknowledgements
- Epigraph
- Introduction
- 1 The Genesis
- 2 The System
- 3 The Island
- 4 The Politician: Nelson W. Aldrich
- 5 The Architect: Paul M. Warburg
- 6 The Lieutenant: Benjamin Strong, Jr
- 7 The Emissary: Henry P. Davison
- 8 The Professor: A. Piatt Andrew
- 9 The Farm Boy: Frank A. Vanderlip
- 10 The Panic, the Pirate and Pujo
- 11 The War
- 12 The Journalist: Bob Ivry
- Conclusion
- Notes
- Bibliography
- Index
Summary
In researching the founders of the Federal Reserve I found no lizard alien races or satanic cults. I found men – men who conspired to form a central bank large enough and powerful enough to rule the world’s financial markets, and at the same time, control the entire monetary system of the United States from their Wall Street offices. I found collusion with other countries to do so, and I found ultimate economic power in the hands of a few, who with empty promises and political support became the original “masters of the universe”, free to do as they pleased with the knowledge that the largest monetary safety net in the world would save them from their recklessness and inimical greed.
A conspiracy is merely a hidden or secret plan, usually to do harm, so why does the term “conspiracy theory” have a connotation that those who believe it must be dim-witted, gullible, or crazy? Perhaps it is because some conspiracy theorists are those things and more. Or maybe it’s because it is easier for those who conspire to brand those who see them for who they are, as crazy or moronic. Perhaps those in authority accuse their accusers because they can. They sit in high offices, behind thick walls, and laugh at those who question their motives, their practices, and their authority. In the end, the people must choose for themselves who to believe, and it is much easier, more convenient, and much more comforting to believe that those in charge are doing the right thing, and those who question them are crazy, stupid, or most popular these days – un-American.
In 1961 a Yale University psychologist named Stanley Milgram began an experiment. Basically, the experiment consisted of regular people in a room with people who they thought were being “tested” in an adjoining room. Very important men in lab coats asked questions of the people being tested, and if they got a question wrong it was up to the unwitting participant to send an electric shock to the person who answered the question wrong.
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- The Federal Reserve and its FoundersMoney, Politics and Power, pp. 191 - 198Publisher: Agenda PublishingPrint publication year: 2018