Legalized crime of banking

THE LEGALIZED CRIME OF BANKING by Silas Adams lays bare the American banking system, explaining in easy-to-understand terms how a private corporation was handed the power to control credit in America and profit massively by creating money out of thin air. In this easy-to-read book, Adams explains how our system of credit—and, more importantly, debt—is behind the great financial crises in American history through the banking establishment’s manipulation of money, which belongs to the American people. In the last few chapters, Adams offers a solution for Congress to remedy the situation: Take the power to create money away from the private bankers and give it to the Treasury Department just as the Constitution intended.

While fearmongers have argued that taking control of our money supply out of the hands of bankers could sink our complicated economy, Adams argues that honest, stable money created by the government without interest would actually improve the course of trade and better industry and agriculture for all—not just for the wealthy.

First released in 1958, Adams’s book is still relevant today, considering that the 2008 global economic depression has largely been attributed to the monetary policies of the U.S. Federal Reserve. That is why THE LEGALIZED CRIME OF BANKING will always be considered a timeless introduction to the ills of the American system of credit and private banking.
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