The Federal Reserve System: Legalized Thievery

The Federal Reserve System: Legalized Thievery is a forceful denunciation of modern central banking as a sanctioned mechanism for confiscating wealth through inflation, debt, and monetary manipulation. Writing in plain, deliberate terms, Captain Kenneth W. Ryker argues that the Federal Reserve’s power to create money “out of thin air” systematically erodes savings, distorts markets, and transfers purchasing power from the public to banks and government insiders. Step by step, the book explains how fractional-reserve banking, credit expansion, and inflation function as hidden taxation, leaving citizens poorer while preserving the illusion of prosperity. Ryker’s conclusion is unequivocal: unless this system is understood and confronted, economic collapse and the loss of individual freedom are not accidents but certainties built into legalized theft itself.