Badlands Book Club: The Creature From Jekyll Island - Chapter 10 Continued

CannCon and Ashe in America wrap up Chapter 10 of The Creature from Jekyll Island by G. Edward Griffin, finally closing out the Mandrake Mechanism and the entire first section of the book. This week covers reserve ratios and just how arbitrary they really are, why national debt and inflation are not always the same beast, and the strange history of the 1980s bond market that briefly kept inflation in check. The hosts also dig into some of the names behind the Federal Reserve system itself, from the Bretton Woods architects to the Wall Street connections that helped push the Federal Reserve Act through Congress in the first place. Expect a heavier academic stretch than usual, some genuine frustration at how little has changed, and the usual sponsor detours along the way. It is a dense one, but the payoff is worth it.