Best of The Bad Crypto Podcast: G. Edward Griffin on the Federal Reserve, Inflation, and Modern Money

Oct 10, 2022

Ask episode

Chapters

Transcript

Episode notes

If you want to understand the mysteries of the modern monetary system and how the Federal Reserve and Central Banks control the flow of money, you can't miss this December 2019 interview with G. Edward Griffin for his thoughts on inflation, the Federal Reserve as a cartel, and more -- especially given the U.S. debt increasing to $31 trillion the week of October 2, 2022.

FULL SHOW NOTES: badco.in/351

You’ve heard of Dracula, who comes in the night to suck the blood of innocents so he might live. You’ve heard of the Phantom of the Opera, who will stop at nothing to keep captive his beloved Christine. And you’ve heard of the Mummy, who has been wrapped up so long his temper is really bad. The list of monsters and evil doers goes on… and while these fiends are fictional, there’s one more insidious then all of these… and is real.

It’s the Creature from Jekyll Island, a beast so terrifying and horrible that it affects you, me and the American economy every day. As named by author and speaker, G. Edward Griffin, the Federal Reserve Bank is the monster that was born off the coast of Georgia and today remains a mystery to most Americans.

We are pleased today to bring a legendary interview with G. Edward Griffin where we discuss the origins of The Fed, how the money supply works and how cryptocurrency can play an essential role in bringing about economic freedom for all.

One of the most important shows we’ve ever done, you won’t want to miss a beat of episode #351 of this Legen… wait for it… dary episode #351 of The Bad Crypto Podcast.

SUBSCRIBE, RATE, & REVIEW:

Apple Podcast: http://badco.in/itunes
Google Podcasts: http://badco.in/google
Spotify: http://badco.in/spotify

Twitter: @badcryptopod - @joelcomm - @teedubya
Facebook: /BadCrypto - /JoelComm - /teedubyaw
Facebook Mastermind Group: /BadCrypto
LinkedIn: /in/joelcomm - /in/teedubya
Instagram: @BadCryptoPodcast
Email: badcryptopodcast[at]gmail[dot]com
Phone: SEVEN-OH-8-88FIVE- 90THIRTY

TIME STAMPS

00:00 - Intro, interview from December 2019
06:33 - Feature Interview with G. Edward Griffin
07:40 - You’ve written a lot about different topics ranging from the truth about cancer, federal policy, the Federal Reserve.
08:40 - The Creature from Jekyll Island has an interesting premise. How did you go down the rabbit hole to discover the creation of the central banking system to author the story?
11:20 - The engine of inflation is the Federal Reserve system.
18:30 - Get into the content of The Creature from Jekyll Island. How would you summarize and persuade them that The Federal Reserve is simply a government agency?
25:10 - 26:33 - The Federal Reserve is a means by which the banking industry formed a cartel so they could dominate the market of money and banking, they would give it to Congress, Congress would pass it as a law and think The Federal Reserve is a government agency.
26:40 - Travis learned the realities of the monetary system in the year 2000. Who even owns the Federal Reserve bank? How does the IRS and Federal Reserve work?
35:25 - The tax system in America is not so much for revenue as it is a means of control.
38:06 - More on inflation, money supply, Monopoly description
44:30 - Reminds me of the ICO phase with a lot of people printing money out of thin air, some of them legitimately, and others because they thought they could get away with it.
45:00 - 47:14 - What are your thoughts around Bitcoin as a currency? Do you think there’s a chance Bitcoin could become a world reserve currency?
47:44 - Governments creating sovereign currencies. Governments see cryptocurrency as the means of ultimate control.
50:20 - Are we entering the End Times as revealed in the Old Testament?
52:55 - In 1984 you had an interview with Yuri Bezmenov where you talked about the Russians subverting Western culture. Where are we now and how are you seeing this play out from the interview with Russian KGB agent Bezmenov?
58:00 - Lightning round of questions on cancer and the pharmaceutical industry and the fable of Noah’s Ark.
1:09:00 - What are your thoughts on these negative interest rates?
1:12:00 - Closing remarks

DISCLAIMER:
Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.