An Investigative History
THE FEDERAL RESERVE
The Duping of America
WHO REALLY FOUNDED IT. WHY. AND HOW IT CHANGED THE NATION FOREVER.
In November 1910, six of the most powerful men in American finance boarded a private railcar in New Jersey, told the press they were going duck hunting, and disappeared for ten days onto a private island off the coast of Georgia. They used only first names. Three years later, what they built in secret became the Federal Reserve System.
This book tells the full, documented story of how it happened: the panics that made a central bank feel inevitable, the bankers who wrote the first draft behind closed doors, the populists who rewrote it in Congress to keep Wall Street from owning it outright, and the compromise — public board, quasi-private banks, a currency permanently detached from gold — that has shaped every recession, bubble, and dollar in your wallet for over a century.
It also does something most books on this subject refuse to do: separate what is proven from what is popular myth. The real Jekyll Island meeting is stranger than the legend. The most famous Woodrow Wilson quote about the Fed is fake. And the antisemitic “international bankers” conspiracy theory that has attached itself to this history for a hundred years is a documented lie this book names and refutes — while still telling you exactly who did meet in secret, what they wrote, and why it worked.
From Alexander Hamilton’s first bank to the Supreme Court fight over Kevin Warsh’s Federal Reserve in 2026, this is the story of how America decided, again and again, who gets to control its money — and who paid the price when it got it wrong.
Narration-ready, with pronunciation guide.
Download ScriptRev. George H. Stoddard is an ordained minister, Southern Gospel songwriter and producer, and the author of an extensive catalog of Christian nonfiction, biography, and Scriptural study guides published under the Booklyn imprint and In His Hands Ministries International. This book reflects the same standard he has brought to his other work: tell the true story in full, and trust readers to handle it without needing it exaggerated.