A Secret Meeting And The Birth Of The Federal Reserve | Planet Money | NPR 

Informative video, wish it would have included the next century of global human suffering caused by financial manipulation and perpetual debt slavery.

Somehow I don’t think the actual bankers were nearly this diverse. ;-)

Where’s the part about stealing the wealth of the American people? I must have missed that.

The federal reserve is a grandchild of the Bank of England, which funded both sides of European conflicts for hundreds of years. For years prior to its conception, the Bank of England pressured the US to establish its own. The Bank of England had a big problem with the success, stability, and efficiency of the US non-gold-backed currency for many reasons. A central bank in the US would give the Bank of England the perfect means to manipulate American finance. Unfortunately, they got what they wanted😔

Bankers bailing themselves out you say? So there's no reason at all to have it then. Got it loud and clear.

A bank run wouldn't be any cause for concern if bankers didn't practice fractional-reserve banking!

Why did they have to do something about panics, because they loaned out too much of the depositors money because they were greedy.

What genuinely scares me is that enough people will happen across this video and, having an attention span blunted by social media, will take it at its word and not go any further. We're doomed. If I haven't lost you yet, go read The Creature From Jekyll Island.

The Fed is toast. Evil private syndicate. But you knew this...

It's my understanding that the house they created the banking system in was built directly on top of an altar of the Timucua tribe. They were tall averaging 62-64in, and allegedly would offer their first born to be clubbed in a ritual. It is said that the house was built on said altar, where Rockefeller and JP Morgan altered history forever.

Moloch was the inspiration for the Federal Reserve.

Are you sure it wasn't the fact that the banks were handing out fraudulent receipts and hoarding their gold? Rather than a earthquake suddenly causing a financial collapse. I've heard alot of ideas but this ones definitely creative lol

I don't think this explains why Banks are safer now than 1907. The Fed had limits on how it could act in the 2009 global financial crisis. It couldn't save every bank and nonbank.

the Creature From Jekyll Island 👃

Yes, but where does the central bank get its cash ?

Haha money printer go brrr

END THE FED

You left out the part about the people who opposed the reserve all being killed on the Titanic...

But at first wasn't the money that the Fed lended based on actual gold held in storage, rather than (basically) a promise like it is today?

I'm more scared after watching that.

Wow, that was a whole lot of misinformation. Thanks for leaving everything out

People need to stop paying taxes.🤮🤮🤮🙄

If I recall correctly, according to the book "the creature from jekyll island" JP Morgan actually CAUSED the panic of 1907 by calling in several large debts, to generate desire for a problem to the solution, which would be the federal reserve. Central banking is a convoluted and complicated institution of slavery, which American founders fought so hard to prevent. Benjamin Franklin knew the solution; colonial scrip. You probably know it as individual issued checks, or gift cards. Colonial scrip takes the power of money out of the bankers hands and puts it back into the individual where it belongs. A digital version of colonial scrip would solve the worlds problems.

I think this recording/podcast in November of 2015 but I guess it's still correct today. So why republish this now? Is it because of the falling value in the US stock market? Okay, banks are safe but my retirement is almost entirely invested in the USA stock market. There's no Government safety net in securities is there? I suspect that the people that do really well in the stock market very likely have some form of inside information and that the government is not insensitived to police these people very closely as long as the keep a low profile. Let's face it, the unwashed 99% are only able to ride on the coattails of the 0.1%. This is the true trickle-down economy. Crumbs for the rest of us.

I think we should ALL be questioning why the banks need a bail out? Of course we know they don't; was there any objection? I for one want my money in the Monopoly box - which is where the value lies. Isn't it curious that the secret location is named Jekyll Island??

Blah blah blah... was this video funded by Chase and Citi?? Sounds like horseshit to me.

This You Tube is meant to wet the interest of the young and/or naive searching sycophants:) It's pretty hillarious the more you know.

Thanks for the "G" version... for the "R" version read The Creature of Jekyll Island, you'll be grabbing your face in horror.

I love how my tax dollars go to creating propaganda

How about we focus on why the bankers built cabins on top of Canaanite altars on Jeckyll? How [they] sacrificed babies to their Nephilim god's that very week. Cute video.

Thank you Mr willson for IRS and income taxes :)

Aldrich was also Rockefeller’s father-in-law

multi racial bankers portrait

OR IN OTHER WORDS: THE BIRTH OF THE DEVIL

I understand Planet Money is a creative and entertaining arm of NPR in hopes to explain the Economy in entertaining short digital content. But in the case of the start of the beginning of The Fed .. this is embarrassing. The Fed was formed by a group of 6 patriarchal white men who met in secrecy on Jekyll island. Jekyll Island was the summer home of William Rockefeller. And the organizer of this group and the chosen by JP Morgan. And the meaning of why The Fed was formed and who it was formed by loses all its contextual meaning for America then and today when the actors playing the 6 powerful men in the world of politics and in banking .. are being played by women and people of color. The Fed was set up a by a society that wasn’t meant to foster growth for the ancestors of the actors in this vid. And when this story is told correctly, you understand how America at the turn of the 20th century had a Federal Reserve that was set up by an elite few to help and protect the top 1% of its society .. themselves. And today in 2024 most of that is still true. If Planet Money’s goal is to find creative stories that make sense of complicated forces that move our economy and shape our lives .. they totally missed the mark. Maybe this is was one story Planet Money shouldn’t have tried to explain. Because in the end they failed. They make it sound like some fun kooky scheme where some random group of people had to dress up in hunting lodge gear because for a “top secret” meeting to protect Americas Banks! It wasn’t a fun kooky scheme and it was sad to see it treated as such.

I like how people are complaining about the historical inaccuracy of casting black people / women as prominent bankers of the era, and nobody’s mentioned the plastic, battery operated clock in the opening scene.

Fed money have fail money and bank

The US finished situation is a house of cards

JP Morgan is the GOAT!

Two women and a black guy as bankers in 1907? Totally believable. The video follows very very well the universal rule that states: "The more woke and inclusive a movie is, the worse the script and the story behind will be". This video is a very good example of that law, hence it would be better to directly read the book The Creature of Jekyll Island.

#PropagandaPiece

The creature from Jekyll island......

*to save the banks we must have inflation. To hell with poor people

Money that is real can be not real, and money that is not real can be real. That pisses me off!!!!

You... want us to thank them? For establishing a system whereby the only way we can pay our debts is to... borrow more money?

The federal reserve used to be completely reliable until the gold standard ended

Federal reserve ACT?! 5:19 u gotta b kiddin me

Just a lil reason why the Dollar bill in 2024 is worth less than the Dollar bill….

Inflation is a hidden tax

Who owns this central bank??????

If the 20 something who runs this channel reads this, thank you for putting this video out. Alot of morons and russian bots will blow up the comments but videos like this will reach people.

Cute and I never thought I'd say that about this when i turned it on "Fun In Banking" lol

One-sided propaganda. Half truths and spinning

Interesting video. Also defund NPR, boycott all journalists, learn to drive a truck.

So did this actually happen or is it a joke? I can’t tell 😂

You getting nada they aint paying nothing because im schizophrenic and its all a fantasy.

Very informative

The less said the better about this video.

Pure propaganda...

Making a joke about something like this is absolutely disgusting. 🤮🤮🙄😊

“Save the economy” 😂

Yeah right! A black banker and women?

This is. Good story children.

Now can thank the bankers - central banks 10/10’worked out 😊😊😊😊😊😊😊😅

Is that all? 😂

What an amazing and entertaining way for the matrix to try and explain how a plan was corrected for world domination.

the fed step in and loan them some out of their balance that has infinity amount of money which means they are scamming and then that loan is considered a national debt that people have to pay through taxes hahahah great fucking system dude

When do they admit that San Francisco was not a lesbian mecca until they all moved from Portland after moving from Seattle in the 1990's

Hey women n black guy were the head of the largest banks

if there is one evil man in the world, JP morgan is the man

End the Fed #FJB

WowThis is the most pathetic accounting of the federal reserve I have ever seen. I am very ashamed that this type of rubbish is coming from NPR. They normally have great articles, and great reporting, but this is rubbish

"Healthy banks"

yall whats the argument in the video :(

Interesting

All jokes aside... we're all fucked...

Half-truths.

And today we are all Palestinians.

Woke rubbish

Gonzalez George Young David Martin Jason

A lesbian woman started the federal reserve?😂😂 i dont think any women were involved in as a banker!

This is ridiculous fiction

ummmm... did npr just suggest a solution was presented thus resolving financial panics due to the central bank?! smh

And all the Wealthy "Bankers" are black folks???? You can't make this stuff up! I'm still laughing 😃 😅

This is great I do content on business every Thursday thank you for showing me this great lesson I’ll give you an update on what my Audience think

Woke

ShAdy AF

Buy Ethereum and sell the US Dollar.

Thanks for the concise, comprehendable and fun video.

Great stuff, thanks for sharing the story.

This needs to be reported for MISINFORMATION, misleading and spam!

Oh right ! Random bankers! Definitely not gold from the Russian Monarchy that would soon cease to exist !

Read "The Creature from Jekyll Island" for the real story, if you don't want the 2nd grade level analysis.

They forgot to mention the slew of powerful people opposed to centralized banking who perished in the Titanic, which was owned by J.P. Morgan. Mr Morgan, who advertised his ship “unsinkable”, was supposed to board it, but decided at the last minute not to. Also, none of his precious stuff were loaded in the ship.

2:13 LMAO. Imagine thinking that a single one of the bankers looked anything like this.

My tax dollars paid for this misinformation. 🤦‍♂️

Private bakers with so much influence over our governmenr economy, that meet in cloak and dagger like settings,....I'm sure they always act ethically, right?

And that's how you create a debt based skavery system.

Who was the black banker in 1907?

Planet Money: So the Fed makes your money safer! Ron Paul: **Glowers Intently**