FED created in secret

1 year ago
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Edward Griffin on the secrecy behind the creation of the FED:
"They knew there was going to be some kind of move to control banking... And so instead of being stupid about it, they decided to take the lead. They said we'll write the bill. They went to Jekyll Island where nobody knew they were going, they had a meeting where there was a great deal of secrecy. They denied that they went for many years thereafter. They actually drafted the Federal Reserve Act on 1910 and then the next three years it took that much time to promote it and get it through congress."

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