The Logical Progression of Fiat Marxism
1. Origins of the Current System
- The system of income taxation, fiat currency, and elastic money originates from ideological shifts that took hold in the West roughly 150 years ago.
- This ideology, rooted in collectivist and Marxist principles, promotes the notion that wealth redistribution is morally justified for the "greater good."
- Industrialization and the concentration of dependent workforces made people more susceptible to accepting these concessions, while centralized media and institutions reinforced them.
2. Expansion of Government Power
- As a result of these ideological shifts, governments gained unprecedented control over economic activity.
- Fiat currency, controlled by central banks, enabled inflationary policies that allowed money to be lent into existence rather than backed by tangible reserves.
- The income tax legitimized government expropriation of individual earnings under the justification of shared societal responsibility.
3. Consequences: Inflation, War, and Global Exploitation
- This system incentivizes reckless government spending, enabling both social programs and endless military expansion.
- Mechanisms like the military draft and executive orders (e.g., 6102, which seized private gold holdings) illustrate how coercion sustains this system.
- With the U.S. dollar as the world’s reserve currency, inflationary policies don’t just affect domestic citizens but impose costs on foreign economies through trade deficits and the "dollar milkshake effect."
- Thus, those who do not benefit from inflation are forced to bear its costs, both within the U.S. and globally.
4. The Fundamental Injustice and Antiquation of the System
- The belief that value can be created without labor, so long as everyone is equally subject to paying for it, is not just unjust but outdated.
- Government growth becomes unbounded, benefiting a bureaucratic elite while eroding individual freedoms and economic sovereignty.
- This is an unsustainable system built on coercion, manipulation, and economic distortion.
5. A Path to Reform: Hard Money and Decentralization
- The logical solution is a return to a currency system that cannot be manipulated by centralized forces.
- A fully democratized, digital, and censorship-resistant form of hard money, independent of land or physical mines, could be the only way to "starve the beast."
- By limiting money supply and ensuring ownership and transferability without external control, such a system would break the cycle of inflationary theft and restore economic integrity.
Conclusion
The economic system in place today is a relic of a collectivist ideology that took hold over a century ago. Its justifications—moral, economic, and practical—no longer hold up. Instead of fostering prosperity, it has led to unchecked government expansion, perpetual war, and financial exploitation at home and abroad. The only viable way forward is a system rooted in sound money, decentralization, and individual economic sovereignty.