![Planet Money show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/026/080/small/npr-planet-money.jpg)
Summary: On today's show, we tell the creation story of the Federal Reserve — one of the most powerful financial institutions on the planet. The story includes a 70-year-old man with a bad head cold and a bunch of mistresses, a nation that's deeply ambivalent about a central bank, and a secret meeting at an island with a sketchy name.