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In his book World Without Cancer, he argued in favor of a pseudo-scientific theory that asserted cancer to be a nutritional deficiency curable by consuming amygdalin. [1] [2] He is the author of The Creature from Jekyll Island (1994), [1] which advances debunked conspiracy theories [3] about the Federal Reserve System.
The Federal Reserve began cutting the federal funds rate by 0.25% after its December 11, 2007 meeting, disappointing many investors who had expected a bigger cut; the Dow Jones Industrial Average dropped nearly 300 points that day. The Fed slashed the rate by 0.75% in an emergency action on January 22, 2008, to assist in reversing a significant ...
In November 1910, at the invitation of Senator Nelson Aldrich, Vanderlip joined a small group of leading bankers on a train to Jekyll Island, Georgia, which later became known as the Jekyll Island group. The bankers formulated the outline to a plan that laid the groundwork for the drafting of the eventual Federal Reserve Act. [3]
In 1909 he became a senior partner at JP Morgan & Company, and in 1910 he was a participant in the secretive meeting on Jekyll Island, Georgia that laid the foundation for the creation of the Federal Reserve system in 1913. [4]
A map of Jekyll Island from 1983. Jekyll Island is one of only four Georgia barrier islands that has a paved causeway to allow access from the mainland by car. It has 5,700 acres (23 km 2) of land, including 4,400 acres (18 km 2) of solid earth and a 240-acre (0.97 km 2) Jekyll Island Club Historic District.
Jekyll Island Club Historic District is a National Register of Historic Places (NRHP) historic district and National Historic Landmark District in Glynn County, Georgia. Located on the west side of Jekyll Island, the 240-acre (97.1 hectares) district is roughly bordered by Riverview Drive to the west, and the long arc of Stable Road (Old ...
(The Center Square) – President-elect Donald Trump, who is set to take office Monday, has made a series of promises of major executive actions on “day one” in office. One of the simplest and ...
This work included a trip to Jekyll Island in 1910 to finalize the details of the federal reserve banking plan. [13] In 1913 Woodrow Wilson signed into law the Federal Reserve Act patterned after Aldrich's vision, creating the modern Federal Reserve System.