The Mandrake Mechanism

The Mandrake Mechanism

The Mandrake Mechanism is a term coined by Edward Griffin in his book entitled "The Creature from Jekyll Island". Mandrake the Magician was a comic strip character from the 1940s. He had the ability to magically create things and, when appropriate, make them disappear. Thus, the Mandrake Mechanism was aptly named in his honor.

The Mandrake Mechanism is "the method by which the Federal Reserve creates money out of debt". It is how the government is able to create almost limitless money through the Monetization of debt via the manipulation of the reserve requirement amongst banks.


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