Money and federal autocracy: 1913 and the quiet inversion of the American constitutional order
Abstract The American Revolution affirmed that sovereignty inheres by nature in each Citizen, and collectively in the People. The Constitution completed a structure in which authority flowed from Citizens to their several State republics, and from the States to a Union holding only delegated powers. 1913 inverted that order. The Sixteenth and Seventeenth Amendments were procedurally valid, but substantively illegitimate. The decisive change needed no amendment: the Federal Reserve Act displaced constitutional money, removing the fiscal discipline natural money imposes unconditionally. A century of evidence confirms a trajectory towards federal autocracy. Restoring constitutional order begins with gold and silver coin, which only statute now prevents.
Authors
- James Turk (ORCID: https://orcid.org/0009-0007-6469-2025)
Institutions
- Film Independent (US)
Publication Details
- Journal
- Economic Affairs
- Published
- 2026-10-05
- DOI
- https://doi.org/10.1111/ecaf.70060
- Primary Topic
- American Constitutional Law and Politics
- Type
- article
- Field-Weighted Citation Impact
- 0.00