The Jekyll Island Secret Meeting (1910) w/ Jacob Goldstein

This Day in Esoteric Political History

Jody Avirgan & Radiotopia

History

4.6 • 982 Ratings

🗓️ 22 November 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

*** The Radiotopia fundraiser is happening right now! Support this show by becoming a member today: https://on.prx.org/3Ehr3B6 ***

It’s November 22nd. In 1910, a group of the most powerful bankers in the country were invited to the secluded Jekyll Island, off the coast of Georgia, to develop a plan for what would eventually become the Federal Reserve.

Jody, Niki, and Kellie are joined by Jacob Goldstein of Pushkin Industries to discuss the cloak and dagger arrangements for the meeting, why there was so much pressure to develop a plan, and how it changed the US economy.

Jacob’s book is “Money: The True Story of a Made Up Thing.” And his podcast is What’s Your Problem.

And don’t forget about Oprahdemics, hosted by Kellie, out now from Radiotopia.

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Our team: Jacob Feldman, Researcher/Producer; Brittani Brown, Producer; Khawla Nakua, Transcripts; music by Teen Daze and Blue Dot Sessions; Audrey Mardavich is our Executive Producer at Radiotopia

Transcript

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0:00.0	Hello and welcome to this day in esoteric political history from Radiotopia.
0:06.7	My name is Jody Avergan.
0:08.6	This day, November 22nd, 1910, a secret gathering is taking place on a secluded island
0:17.4	off the coast of Georgia.
0:19.4	This would be a 10-day affair on Jekyll Island, in which six very powerful men, many of them bankers, brought
0:25.6	to the island at the invitation of a powerful senator, got together to talk about the financial
0:30.4	system in the United States.
0:33.0	At the end of the day, well, the foundations for what would become the Federal Reserve
0:36.9	were laid.
0:38.3	As were the foundations for the conspiracy-minded because this was an actual group of bankers meeting under cloaking dagger on a secluded
0:44.4	island rigging the U.S. economy.
0:46.9	You wonder where these conspiracy theories come from.
0:49.9	But let's talk about these 10 days on Jekyll Island and the roots of the Fed.
0:54.8	Here to do that as always are, Nicole Hammer of Vanderbilt and Kelly Carter Jackson of
0:58.9	Wellesley.
0:59.9	Hello there.
1:00.9	Hello Jody. Hey there.
1:01.9	And our special guest for this episode is Jacob Goldstein, former host of Planet Money, author of the book Money,
1:10.0	The True Story of a Made Up Thing.
1:12.0	And since we last had you on the show
1:13.8	Jacob you've moved over to our friends at Pushkin Industries and you're hosting a
1:17.2	show called What's Your Problem over there? So congrats on the new job and thanks
	...

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