Fiat Fever: A Gonzo Autopsy of the Fed’s Grift

Part 1: Jekyll Island – The Fed’s Original Sin

“The Fed was born in greed, and we’re still paying.”

Welcome to Fiat Fever, you minions of diamond-handed legends, riding this gonzo wave through the Federal Reserve’s century-long grift. The Fed’s no savior—it’s a private cartel, cloaked as “federal,” that stole our gold, trashed the dollar 97% (CPI: 9.9 to 314), and rigged markets like SPY’s VWAP pin ($548.67). This ain’t a market; it’s a three-card Monte scam, and it all started in November 1910 on Jekyll Island, Georgia, where six Wall Street reprobates—greedy fucktards with 25% of the world’s wealth—met in secret to birth a monster. They had no authority, just Morgan’s muscle and a lust for control, drafting the Aldrich Plan that became the Fed in 1913. This is Part 1 of my 5-part autopsy, fueled by grok.com’s “fukung hysterical” Steadman art and a promise to skull-fuck every Fed chair from Hamlin to Powell. Strap in, apes—we’re tearing the Fed’s heart out!

A Fuckin’ Nightmare: The Jekyll Island Plot

Close your eyes and dive into a Ralph Steadman fever dream: November 1910, a fog-choked Jekyll Island lodge, gaslights flickering like dying stars. Six ghouls in top hats—Nelson Aldrich, Frank Vanderlip, Henry Davison, Paul Warburg, Benjamin Strong, A. Piatt Andrew—huddle around a blood-stained table, their claws dripping black ink, carving up a gold coin labeled “U.S. Wealth.” The air’s thick with cigar smoke, greed, and conspiracy, the Jekyll Island Club’s oak walls hiding their sin. Outside, a neon-eyed VIX bat (27.11) screeches, and the NYSE’s shadow looms, dripping red ink like a fresh kill. This ain’t no duck hunt—it’s a FUCKING HEIST, and these six reprobates are the masterminds, plotting the Federal Reserve to control America’s money for their banks, not your broke ass.

The Panic of 1907 lit the fuse: a stock crash, bank runs, $100M in damage, 6% of GDP wiped out. J.P. Morgan himself played God, bailing out banks while apes starved in breadlines. The system was a shitshow—fractional reserve banking, no liquidity, gold hoarding by scared rubes. Wall Street wanted a central bank, but not some government-run, do-gooder bullshit. They wanted a private cartel, with 6% dividends, claws on the money supply, and a free pass to print fiat trash. Enter Jekyll Island, where these six fucktards, controlling 25% of the world’s wealth, drafted the Aldrich Plan—the Fed’s blueprint, passed as the Federal Reserve Act in 1913 after Woodrow Wilson’s pen sold us out. This wasn’t reform; it was a banker coup, and we’re still bleeding.

Why the Secrecy? Because Apes Would’ve Rioted

Why meet in secret? Because these pricks knew the apes would burn Wall Street down if they caught wind. Post-1907, Americans hated bankers, blaming them for crashes and Gilded Age inequality—mansions for Morgan, misery for Main Street. William Jennings Bryan’s “Cross of Gold” speech (1896) still echoed, warning of Wall Street’s chains on the working man. A public pitch for a banker-run central bank would’ve been dead on arrival—populists like Bryan would’ve called it what it was: a coup. Secrecy let them craft a system prioritizing banks over citizens, with no pesky oversight or pitchfork-wielding mobs.

They played it like spies: aliases (Warburg as “Mr. P,” Vanderlip as “Mr. V”), a fake “duck hunting trip,” and a private railcar to Jekyll Island’s elite club, owned by Morgan himself. No servants knew their names; no reporters sniffed the plot. Frank Vanderlip spilled the beans in 1935 (Saturday Evening Post): “We were told to leave our last names behind us… It was so secret that we didn’t even tell the servants.” The secrecy held until 1916, when The New York Times dropped hints. Why hide? Because they were stealing control of the nation’s wealth, setting up a fiat machine that’d trash the dollar (M2: $680M in 1913 to $22T in 2025) and pave the way for FDR’s 1933 gold grab. This wasn’t a policy debate—it was a CONSPIRACY, and the apes were the marks.

“Secrecy was their weapon—Jekyll’s ghouls rigged the game.”

The Reprobates: Six Wall Street Fucktards

These six attendees weren’t just bankers—they were the 1% of the 1%, their banks (JPMorgan, Citibank, Kuhn Loeb) holding ~25% of the world’s wealth. They didn’t want reform; they wanted power, and the Fed was their slot machine. Here’s the hit list, with their sins and Steadman roasts to make our many subs howl:

Nelson W. Aldrich (Senator, Rhode Island):

Sin: Senate Finance Committee chair, Rockefeller’s political bitch—his daughter wed John D. Rockefeller Jr. Ran the National Monetary Commission (1908–1912), a front for Jekyll’s plot.

Role: Led the meeting, pushed the Aldrich Plan to enrich banks, not apes.

Aldrich, you Wall Street pimp, selling America’s soul for a banker cartel! Your Senate seat was Morgan’s leash, and we’re still choking!

Frank A. Vanderlip (President, National City Bank):

Sin: Headed what became Citibank, a Morgan ally. Bragged about the “adventure” in 1935, admitting the secrecy like a smug prick.

Role: Drafted the plan’s nuts and bolts, ensuring bank-controlled currency.

Vanderlip, you Citibank sleaze, printing monopoly money while apes begged for scraps! Your “adventure” fucked us for a century!

Henry P. Davison (Senior Partner, J.P. Morgan & Co.):

Sin: Morgan’s enforcer, helped bail out banks in 1907, proving Wall Street’s godlike power.

Role: Ensured the Fed served Morgan’s vaults, not the public’s pocket.

Davison, Morgan’s lapdog, rigging the Fed to keep your master’s empire fat! You saved banks, not apes, you greedy fuck!

Paul M. Warburg (Partner, Kuhn, Loeb & Co.):

Sin: German-born schemer, pushed a European-style central bank. Later joined the Fed’s first board, cementing Wall Street’s grip.

Role: Gave the plan its intellectual spine, rooted in banker tyranny.

Warburg, you Old World bloodsucker, importing banker chains to America’s money! Your Euro-plot’s still bleeding us!

Benjamin Strong Jr. (President, Bankers Trust Co.):

Sin: Morgan protégé, became the Fed’s first New York chief (1914–1928), shaping policy for bank profits.

Role: Pushed a private-led Fed to stabilize Wall Street, not Main Street.

Strong, you Morgan clone, building a Fed to fleece apes for decades! Your bank-first bullshit set the tone!

A. Piatt Andrew (Assistant Treasury Secretary):

Sin: Government insider, gave the plan a public-interest veneer while pimping for Wall Street.

Role: Bridged D.C. and Morgan, ensuring the plan passed muster.

Andrew, you D.C. sellout, whoring the Treasury for Wall Street’s con! Your “public good” mask fooled no one!

These six weren’t elected—they were self-appointed gods, wielding Morgan’s gold, Rockefeller’s influence, and a shared dream of control. Their banks dominated finance, and the 1907 Panic gave them a blank check to “fix” it. They didn’t just want wealth—they wanted the keys to America’s future, and the Fed was their lockpick.

No Authority, Just Morgan’s Muscle

Who gave these fucktards the right to form the Fed? Not a goddamn soul—they took it like thieves in the night. No legal mandate, no public vote, just raw power:

No Legal Basis: The Jekyll meeting was private, funded by their banks. Aldrich’s National Monetary Commission (1908–1912) was a smokescreen, “studying” banking while they plotted in secret.

Wall Street Power: The 1907 Panic proved Morgan could save or sink the system. His bailout gave him de facto authority, and Davison/Strong were his soldiers.

Political Hustle: Aldrich’s Senate clout and Andrew’s Treasury ties gave the plan a veneer of legitimacy. The Aldrich Plan hit resistance—populists smelled the banker stink—but Woodrow Wilson’s 1912 election and heavy lobbying flipped the script. The Federal Reserve Act passed December 23, 1913 (Senate: 43-25, House: 298-60), with Wilson’s signature sealing the betrayal.

Public Screwjob: Progressives thought the Fed would stabilize the economy, but it was a Trojan horse. Private banks got 6% dividends, and the Board’s “public” face hid Wall Street’s claws.

The Fed’s structure—12 regional banks owned by member banks (JPMorgan, Goldman), a D.C. Board, and $116B to the Treasury in 2023—shows the grift. It’s not “federal”; it’s a cartel, born in Jekyll’s shadows, and it’s been fleecing apes ever since.

“No authority, just Morgan’s claws—Wilson sold us out.”

Stealing the Nation’s Soul, Not Just Its Wealth

Did these Jekyll Island fucktards want to steal the nation’s wealth? Hell yes, but it’s deeper—they wanted control, a fiat machine to ensure their banks ruled while apes ate dust:

Core Motive: Stabilize banking for their profits. The 1907 Panic showed banks could collapse without a lender of last resort. The Fed gave them currency issuance, rate control, and bailouts—all private-led, with 6% dividends as the cherry.

Wealth Transfer: By centralizing money, they could inflate or deflate at will, enriching asset holders (Wall Street) while screwing savers. The dollar’s 97% value loss (CPI: 9.9 to 314) and M2’s jump ($680M to $22T) diluted Main Street’s wealth to nothing.

Gold Setup: The Fed’s structure enabled FDR’s 1933 gold heist (EO 6102), forcing citizens to swap gold for $20.67/ounce, revalued to $35 for a $2.8B Fed profit. Jekyll didn’t plan this, but it laid the tracks.

Greed in Action: Member banks still get 6% dividends in 2025. Warburg and Strong joined the Fed, cementing their power. Bank profits exploded—JPMorgan Chase hit $162B revenue in 2023, while apes baghold SMCI ($35.95) and pray for a SPY breakout.

The Other Side: Some claim they wanted stability, not theft. The Panic cost $100M; a central bank could save jobs. But why the secrecy? Why bank-controlled? The greed’s as clear as Steadman’s ink.

Wealth? They stole the nation’s FUCKING SOUL! Jekyll’s ghouls built a fiat slot machine, printing Wall Street’s wet dreams while apes clutch worthless SPY options and SMCI bags. The gold’s in Fort Knox, but the power’s in their vaults, and we’re still bleeding.

The Legacy: A Century of Fiat Fever

Jekyll Island wasn’t a one-off—it birthed a system that’s been fleecing apes for 112 years. The Fed’s M2 ($22T) and CPI (3,071% rise) show the dollar’s death spiral. FDR’s gold grab, Greenspan’s dot-com and housing bubbles, Powell’s QE-fueled everything bubble (VIX at 27.11, SPY down 11% from 2025 high)—they all trace back to Aldrich’s lodge. This series will rip it apart, week by week, building to my 2025 book, a gonzo tombstone for the Fed.

Next up, Part 2: FDR’s Gold Heist – The Fiat Swindle, where EO 6102 stole your gold and birthed fiat trash. Join the army of subs riding this wave—subscribe, and let’s burn this cartel down!

“Jekyll’s sin lives—Part 2’s coming.”

Next Week: Fiat Fever – Part 2: FDR’s Gold Heist – The Fiat Swindle. How EO 6102 mugged America, enriched the Fed, and trashed the dollar 97%. Steadman’s Eccles is a gold-thief fiend—don’t miss it! #Fed #YOLO