Badlands Book Club: The Creature From Jekyll Island - Chapter 16

CannCon and Ashe in America dive into Chapter 16 of The Creature from Jekyll Island by G. Edward Griffin, titled The Creature Comes to America, and the central bank saga finally lands on home soil. This week covers the Bank of North America, the nation's very first central bank, chartered before the Constitution was even drafted, along with the First Bank of the United States that followed in 1791. The hosts walk through how both institutions were modeled after the Bank of England, how fractional reserve tricks snuck their way into the new nation almost immediately, and the genuinely wild story of how the first bank's own funding was partly embezzled by its own founder. Expect some real disbelief at how early these patterns started, a little Founding Father frustration, and the usual mix of history and humor along the way.