There is an entry fee to the island, if that tells you anything.
Yes this was the place where the federal reserve was created. It is a cartel I don't know any other way to describe when a bunch of competitors get together and collude to own the money supply of a country. It is every bit the same as OPEC
I wouldn't call it a cartel...but yes The Rockefellers, Vanderbilt's and JP Morgan had cottages at the club. It was one of the richest an most hardest to get into club in the country.
I think you are confusing with Bretton Woods, NH.
Thanks! Your answer is awaiting moderation.