The Fiat Foundation of Modern Tyranny Gary North’s quote sets the tone: “Ask instead what your country has been doing to you…”—and what it’s been doing is weaponizing fiat currency to expand the state, erode wealth, and strip individuals of financial autonomy. In fact, Federal Reserve fiat money inflation has become one of the most powerful tools of modern government tyranny, quietly draining purchasing power while increasing centralized control. 1913: The Year Tyranny Found Its Engine George Ford Smith rightly traces the origin of our current crisis to 1913, when Woodrow Wilson signed two bills into law: the Federal Reserve Act and the 16th Amendment (income tax). These two institutions—monetary debasement and direct taxation—gave Washington everything it needed to fund…

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