THE FEDERAL RESERVE SYSTEM & THE UNITED STATES TREASURY SYSTEM (2 books in 1)

The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, it is owned by 12 privately owned banks. It was highly contested at the time and its vote was considered by some shady at best, supposedly carried out under a shroud of secrecy and only a selected number government officials present.

The author was an outspoken opponent of the money practices of the Federal Reserve System. The book Federal Reserve System: Its Purposes and Functions was originally commissioned by the Board of Governors, but the author presented such an accurate, unbiased  expose on the FED that the document was immediately suppressed upon its release.

The U.S.  Constitution clearly states that Congress, and NOT PRIVATE BANKS, shall coin money and regulate the value thereof. Adams explains in his follow up work THE US TREASURY SYSTEM that the banking system, as a whole, creates deposits (money) as they make loans and investments; and we will continue to be the slaves of the bankers and pay the costs of our slavery as long as we continue to let them create the money, bank deposits, and control credit. The US Treasury System is the alternative…read how and why….a comparison of the two systems is provided.