Who Put the Eye on the Dollar?

Executive Summary

The All-Seeing Eye and unfinished pyramid on the back of the American $1 bill are among the most recognizable symbols in the United States. Their conventional interpretation is familiar: the Great Seal represents Providence, the thirteen original states, and the ideals of the American founding.

But the modern history of the symbol is considerably stranger.

In the second installment of our investigation into Bankers Trust, the Federal Reserve, and the symbolic architecture of American finance, we begin with a deceptively simple question: Who actually put the Eye and Pyramid on the dollar — and why?

The answer leads first to Treasury Secretary Henry Morgenthau Jr. and President Franklin D. Roosevelt, but then backward to Roosevelt’s Secretary of Agriculture and future Vice President, Henry A. Wallace. Wallace, in turn, was deeply fascinated by the Russian mystic and symbolist painter Nicholas Roerich, whom he regarded as a spiritual master.

According to the account explored here, Wallace discovered an obscure early-twentieth-century history of the Great Seal in the National Archives in 1934. He became particularly interested in the phrase Novus Ordo Seclorum — “New Order of the Ages” — and brought the material to Roosevelt. Roosevelt reportedly favored placing the Great Seal on American currency rather than the originally contemplated coin, and Treasury Secretary Morgenthau subsequently implemented the decision.

This creates a remarkable historical chain: Roerich → Wallace → Roosevelt → Morgenthau → the dollar.

But the story does not end with the Great Seal.

Roerich was associated with an elaborate tradition surrounding a mysterious “sacred stone,” sometimes identified by researchers with the Stone of Destiny, the Holy Grail, Jacob’s Pillow Stone, or the legendary Bethel Stone. One particularly curious version of the story claims that this object was delivered to Roerich in a wooden casket bearing the words “Banquer’s Trust.”

That detail brings the investigation back to the subject of Part One: Bankers Trust.

The connection becomes even more intriguing when we reconsider the pyramid. Bankers Trust’s former headquarters at 14 Wall Street was crowned by a monumental pyramid modeled in part on the Mausoleum at Halicarnassus — itself a tomb. Decades later, the bank’s successor headquarters at 130 Liberty Street stood directly beside the World Trade Center complex and was damaged during the destruction of the South Tower. During its subsequent demolition, human remains from the disaster were reportedly discovered on the roof.

Meanwhile, the dollar’s pyramid is conspicuously unfinished.

Its missing capstone invites another ancient association: the Egyptian Benben stone, traditionally associated with the first emergence of land at Heliopolis. The pyramid’s capstone, or pyramidion, was modeled upon this sacred stone. In the accompanying mythology, the Bennu bird — a self-renewing solar creature and traditional precursor of the phoenix — is associated with the Benben.

The symbolism therefore suggests a recurring pattern: destruction and rebirth, death and resurrection, chaos and order.

The American dollar’s reverse also contains the so-called eagle, which occult writer Manly P. Hall interpreted instead as a disguised phoenix. The phoenix, in turn, gives the story another symbolic connection with the destruction and subsequent rebuilding of the World Trade Center site.

And only blocks away sits the Federal Reserve Bank of New York at 33 Liberty Street.

Are all of these connections evidence of a single hidden plan?

That is not the claim.

The more interesting question, from the perspective of SynchroMystique, is whether meaningful patterns can emerge across history without requiring a single person or organization to consciously orchestrate every connection.

Carl Jung called this phenomenon synchronicity: an acausal connecting principle in which events, symbols, and meanings converge in ways that cannot necessarily be reduced to ordinary chains of physical causation.

The Eye on the dollar may therefore be worth examining not merely as a piece of American iconography, but as a symbolic object with a documented twentieth-century history — one that intersects with mysticism, political power, financial institutions, secret societies, ancient symbolism, and the recurring myth of death followed by rebirth.

The next time you pull a dollar from your wallet, look at the back.

The eye has been watching the whole time.

The ‘Fed’ Before THE FED

A century after its founding, Bankers Trust has largely vanished from public memory. Yet its executives helped shape the Federal Reserve, its alumni occupied positions of extraordinary influence, and its name repeatedly surfaces at unexpected moments throughout modern American history. This investigation follows those recurring connections—from J. P. Morgan and Jekyll Island to intelligence agencies, Wall Street symbolism, and controversial financial episodes surrounding September 11—to ask whether one overlooked institution served as an enduring hub within America’s financial and political architecture. Rather than insisting on a single interpretation, the investigation invites readers to examine the historical record and draw their own conclusions.

Stanley Kubrick Was Right?

Eyes Wide Shut, Jeffrey Epstein, and the Secret Society Hiding in Plain Sight

What if Stanley Kubrick’s final film wasn’t predicting Jeffrey Epstein—but revealing the kind of world that makes an Epstein possible?

In this new SynchroMystique™ video essay, we compare Eyes Wide Shut and the Epstein affair through the lens of Jungian synchronicity, symbolic pattern recognition, and cultural archetypes. Rather than advancing sensational claims, the presentation explores striking structural parallels involving secrecy, elite social networks, ritualized behavior, mutual compromise, and the insulation of concentrated power.

The result is less an investigation into any single individual than a meditation on recurring historical patterns—and why Kubrick’s final masterpiece seems increasingly prophetic in hindsight.

📺 Watch the video:
https://www.youtube.com/watch?v=vEU84JFeux8

📖 Read the fully documented companion article:
https://matthewjbell.substack.com/p/stanley-kubrick-was-right

The Liability Laundering Machine

Who really bears the costs and risks of modern medicine?

In this new essay, I argue that the pharmaceutical industry’s greatest innovation may not be biomedical at all. Rather, it may be institutional.

Drawing upon legal history, public-choice economics, critical theory, and political economy, I trace how research costs, testing risks, malpractice exposure, and legal liability are systematically redistributed away from manufacturers and onto taxpayers, physicians, and patients.

Topics include the Bayh-Dole Act, off-label prescribing, the learned intermediary doctrine, regulatory capture, direct-to-consumer advertising, and the broader logic of instrumental rationality.

Whether one ultimately agrees or disagrees with the thesis, the resulting picture raises profound questions about how modern institutions distribute risk, responsibility, and reward.

Read the full essay on Substack. (Companion video is forthcoming.)

Who really finances the American presidency?

The Paymasters Behind the President

In this sweeping historical investigation, your faithful SynchroMystic, Matthew J. Bell, traces the evolution of presidential patronage from the Gilded Age of William McKinley and Mark Hanna to the age of Super PACs, billionaire donors, Silicon Valley influence networks, and “dark money.”

Far more than a mere catalog of wealthy benefactors, which you’ll nevertheless find, The Price of the Presidency examines how donor systems evolved into enduring political infrastructures capable not merely of influencing presidents — but potentially of generating the conditions under which executive power itself operates.

Touching on everything from the Rockefeller syndicate, the Bush and Kennedy dynasties, and the military-industrial complex to Citizens United v. FEC, ideological think tanks, and the modern “Deep State,” this essay (with expected video, forthcoming) explores whether presidents govern independently… or function inside pre-constructed systems financed by entrenched power networks.

Read the full essay on Substack now.