Badlands Book Club: The Creature From Jekyll Island - Chapter 19 Part 2
Ashe in America and CannCon finish Chapter 19 of The Creature From Jekyll Island, The London Connection, picking up after Part 1. They open on midterm friction inside Badlands, then read England's post-war depression, the gold exchange standard that made the Bank of England a master central bank for Europe, and the Benjamin Strong-Montagu Norman alliance that steered American policy toward London. The crew covers the secret 1927 meeting with Schacht and Rist, the plan to inflate the dollar so gold and export advantage would flow to Britain, and the Fed's Mandrake mechanism that flooded reserves before the 1929 crash. A chapter summary closes the London Connection arc: Morgan ties, Strong at the New York Fed, and the cost America paid to prop up England. No Book Club next week while the hosts are at GART; The Choice season 5 recap fills the slot, with Chapter 21 in two weeks. Grab the book and read along.