May 26, 2006

How US Dollars are Created

Most everyone would agree that money makes the world go round. But how many of us understand what makes the money go round? The text below is an excerpt from G Edward Griffin's The Creature From Jekyll Island. It describes a process that he calls "The Mandrake Mechanism," named after the cartoon character "Mandrake the Magician." Mandrake the Magician could make things appear out of thin air, and then cause them to vanish again on a whim. This is very similar to the way that the American money system works. Read more...

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