The Federal Reserve Conspiracy

by Antony C. Sutton

This is the first book that details hour by hour the events that led up to passage of the Federal Reserve Act of 1913 - and the many decades of work and secret planning that private bankers had invested to obtain their money monopoly.

Genres: History, Economics, Conspiracy Theories, Nonfiction, Politics, Finance, American

115 pages, Paperback

First published June 1, 1995

About the author

Anthony Sutton was a research Fellow at the Hoover Institution, Stanford University, from 1968 to 1973. He is a former economics professor at California State University Los Angeles. He was born in London in 1925 and educated at the universities of London, Gottingen and California with a D.Sc. degree from University of Southampton, England.

Reviews

[Branden · Rating 2 out of 5]

This book is incoherent and implausible. Some of the history told in the book is so unlikely, it casts the entire manuscript into doubt.

In overview, the first six chapters (60% of the book) aren't even about the Federal Reserve Bank, and the last four chapters are only about the Fed's creation, not about how the Fed operates. The book starts with a wildly incomplete history of central banking in the USA in the time of the nation's early years. While the poor telling makes this part aggravating to read, the reader can at least understand that a background of the subject is relevant towards the subject matter.

But where the text drops down into the depths of lunacy is when it claims that Karl Marx and Friedrich Engels plagiarized their Communist Manifesto on behalf of American bankers (and the Roosevelt family) through the conduit of French pirate Jean Laffitte (who was dead at the time, but we are told faked his own death). The author claims the reason behind this was to intentionally incite socialist revolutions worldwide.

This is a gross misrepresentation of the history of socialism and communism, and seems to imply that whatever words Marx and Engels published was somehow divinely destined to change history. From this point on, it becomes very difficult to take this book seriously, yet I continued.

The book then gives some insight into the Panic of 1907, the Jekyl Island meeting, and the Congressional sessions which passed the Federal Reserve Act into law, which while interesting if true, are difficult to take seriously in light of the previous chapters.

But the most glaring omission from this book are any claims that the Federal Reserve Bank, in operation, is doing any of the duplicitous activity that this supposed conspiracy set it up to do. Isn't that the objective of this supposed "conspiracy"? If so, why doesn't the author detail any of their actions?

Altogether, I cannot recommend this book. I was hoping to get a different perspective on our country's government, but was left with something I could not take seriously.

[Félix Tremblay · Rating 4 out of 5]

Quite brief and it goes fast over most details. This shouldn't be your very first book on any of the topics covered in this book.

[Grant · Rating 1 out of 5]

I’m dying laughing at this bizarre rewriting of history. His take on Roosevelt and Marx will leave you rolling on the floor laughing. Would prefer to give this 0/5

[Scott Holstad · Rating 4 out of 5]

This wasn't Sutton's best book, but then he sets the bar so high that anything simply above average seems like a virtual failure when most other writers in this "genre" can't possibility attain credibility, as it were, his credentials, his research, writing and analytical skills. I mean, I don't know how much of his assertions and theories I've "bought" over many years of reading him, but I do know he seemed to have done much more substantial research than others who would call themselves peers AND he has produced an endless array of "official" documents obtained one way or another to help corroborate his theories, which I have yet to see 80%+ of other such writers do. So I read his books with more interest and more openness to what I find there than to virtually any other such writer, for whom I'm typically pretty skeptical and cynical while still trying to keep as open a mind as possible. Not his best, but a well known topic, controversial, and I've been to Millionaire's Row on Jekyll Island many times (I lived beside in on St Simons Island) and saw the places where these agreements and deals were allegedly made a century ago, and that adds an extra little "spice" to the mystery for me, so I simply may have more interest in this topic than others. Whatever the case, I know many are opposed to "conspiracy theories" while others either find some interesting or, crap, if you're part of today's (2020) Republican Party, EVERYTHING is a damn conspiracy, so it's no longer the nuts who buy this crap anymore -- it's half the damn country! Anyway, recommended for those to whom it might naturally appeal.

[Janis Sukrau · Rating 5 out of 5]

This should be read by everyone.

I have been wondering what the Federal Reserve really is and how it came into existence. This book answers my questions. It is unbelievable and sad. This needs to be changed.

[Karl · Rating 1 out of 5]

This is your standard book defending the revisionist history of the Federal Reserve Bank as a conspiracy against the American people. Unlike the massive CREATURE FROM JEKYLL ISLAND, this book has the virtue of being short enough to finish in one week. The listener will learn - sorry, be told lies about the First Bank of the United States and the so-called controversy between Jefferson and "the money power" (chap. 2), Andrew Jackson, 'the last anti-elitist president" (chap 3), the "socialist manifesto" of Teddy Roosevelt (chap. 4), Marx's manifest (chap. 5), Abraham Lincoln, the "last president to fight the money power" (chap. 6), before one is presented with any relevant account of the events immediately leading up to the events of the 1913 Federal Reserve Act. While it may be interesting to some to hear just what conspiracy theorists believe, there is not enough evidence presented in this volume to justify the book's thesis.

[Michael Crafts · Rating 5 out of 5]

We've been buggered without lube!

If you wonder why we get nothing but an endless parade of puppets for our political "leaders", look no further than the birth of the illegitimate bastard known as the Federal Reserve in 1913. This book succinctly explains the nefarious process that, over a hundred years ago, incarcerated us in the financial bondage we're in today. "'Vengeance is mine', says the LORD!". There will be held to pay for those who He entrusted with the welfare of the people, yet sold us down the river of their colossal greed.

[Ursula Johnson · Rating 4 out of 5]

A Great Book for Conspiracy Lovers

This short book and audiobook covers what the author feels is the conspiracy of the creation and existence of the Federal Reserve Bank. He provides numerous examples of the sneaky and underhanded tactics used in making the bill introduced and passed by Congress in 1913. Major opposition was suppressed and the bill was signed in 1913. The "facts" are quite disturbing and impressive. I will let the reader decide for themselves. Although somewhat technical, it is still an interesting read. The audiobook was a great companion.

[Anthony O'Connor · Rating 3 out of 5]

Interesting enough.

A bit of a conspiracy rant. And according to the author I have to say that don’t I? Otherwise my name goes on the list.
But lots of details. Though I have to say I still don’t understand how money really works. Does anyone?
That it can be outrageously manipulated there is no doubt. But who needs conspiracies. There are plenty of obvious rogues and thieves doing this quite openly and brazenly. And legally!!
And making / manufacturing squillions.

[BRIAN A · Rating 1 out of 5]

Junk. The author should be ashamed to have attached his name to this hysterical screed. Name calling and making up ridiculous conspiracy theories does not constitute legitimate argument or scholarly research.

[John Curtice · Rating 3 out of 5]

Unfortunately, it's not a conspiracy anymore

[Bruce Chambers · Rating 4 out of 5]

Great information on the subject would absolutely suggest this

[Glenn Wormald · Rating 5 out of 5]

Our fiat money system is unconstitutional because it was created in secret by global elite bankers. They smugly boasted about their coup years later

[Sandy · Rating 5 out of 5]

World skunked by private bankrtrs

The need for a true "New Deal" becomes obvious to anyone who understands that we are all in thrall of a shadow government run by and for the elites . Their manipulation of the monetary system makes the Federal Reserve the unseen masters of the world. Their unfettered greed and selfishness has the earth on the brink of extinction. Blinded by their own unjustified high opinion of themselves they pursue profit in a way that can only be summed up as suicidal. Sadly, we are riding in the same vehicle.

[Strong Extraordinary Dreams · Rating 3 out of 5]

Very short, and strolled over that dirty history that many of us have come to know already.

Would have been revealing for it's time (along with Eustace Clarence Mullins' book of the same name).

it's that story - of Jekyll Island, and the Federal Reserve, and meetings on Christmas day, and secrecy, and mecanations and corruptions - that we have all heard so many times. This is that story. and probably the version you have heard too.

it's fine if maybe you haven't heard this story before: what the Federal Reserve actually is and was and how it was. Otherwise it's pretty short and perfectly interesting way to spend an hour or two.