The New York Times: Supreme Court Declares End to Central Banking: A Unanimous Ruling Reshapes the Global Order

 

The New York Times

January 15, 2025

Front Page

Supreme Court Declares End to Central Banking: A Unanimous Ruling Reshapes the Global Order

Washington, D.C. – The Supreme Court of the United States issued a unanimous and earth-shattering decision yesterday in Zachary Moore v. Alliant Credit Union et al., declaring the Federal Reserve System and the fiat currency it produces unconstitutional. This case, brought forward by Zachary Moore—a once-unknown homeowner battling foreclosure—has become the most transformative legal decision in modern history, unraveling over a century of centralized financial control.

The case began when Alliant Credit Union initiated foreclosure proceedings against Mr. Moore’s home, based on a mortgage contract funded with fiat currency. Representing himself, Mr. Moore argued that the very foundation of the contract was unconstitutional. He contended that fiat currency—money created out of nothing and lent at interest—constitutes invalid consideration under contract law and violates Article I, Section 10 of the U.S. Constitution, which stipulates that states may only recognize gold and silver as legal tender.

Mr. Moore’s home, once a symbol of personal stability, became the focal point of a broader battle against systemic injustice. His struggle galvanized a movement, bringing to light the exploitative nature of fiat-based lending and its devastating effects on individual property rights.

---

The Arguments That Changed History

The Court’s ruling hinged on fundamental principles of justice and natural law. Mr. Moore argued that money must be grounded in something real—whether gold, silver, or any other tangible asset—because value, by its nature, cannot be created out of nothing. He invoked the historical use of shells, grain, and metals as mediums of exchange, underscoring that money is a tool of human cooperation, not a construct to be manipulated by central authorities.

"The key isn’t money," Mr. Moore argued, "but property, productivity, and trade. What people own, how they use what they own, and what they choose to trade for are matters of individual freedom, not government decree."

Mr. Moore also drew attention to the foreclosure itself as a case study in systemic injustice. He asked the Court to consider how his mortgage contract, funded with fiat dollars created out of nothing, violated natural justice by indebting him while offering no real value in return. His question—"How can the law enforce an agreement where one party provides nothing of substance?"—resonated deeply with the Justices.

---

Immediate Impacts: Wars End, Industries Reorganize, and Police Demilitarize

The Court’s decision sent immediate shockwaves through global systems.

1. Wars End Instantly: Without the Federal Reserve's power to print money to fund wars, conflicts in Gaza and Ukraine ceased overnight. Troops stood down as the endless flow of fiat-backed funding evaporated. Ceasefires were declared within hours, and peace talks began in earnest.

2. Foreclosure Reversals: The ruling invalidated contracts based on fiat currency, including Mr. Moore’s own mortgage. Millions of homeowners facing foreclosure received reprieves as courts moved to reexamine cases under the new legal framework. Mr. Moore celebrated outside the Supreme Court, saying, "My home—and the homes of so many others—are no longer pawns in a rigged game."

3. End of Subsidized Industry: Government subsidies, which had propped up monopolistic corporations, came to an abrupt halt. While some industries struggled, others—freed from regulatory favoritism—quickly adapted, ushering in a more competitive marketplace.

4. Dismantling of the Militarized Police State: Without federal funds funneled through fiat money, local law enforcement agencies ceased militarized operations. Decommissioned armored vehicles and weaponry were withdrawn from civilian use, returning communities to traditional models of policing focused on protecting property and individuals.

5. Markets Rendered Irrelevant: The stock market collapsed to zero, but the reaction was indifferent. While stock prices disappeared with the fiat currency backing them, the people, products, and potential they represented remained intact. The real economy—of goods, services, and labor—continued as individuals and businesses adjusted to the new reality.

6. Cryptocurrency Collapse: Cryptocurrencies, once heralded as an alternative to traditional fiat, saw their values plummet. Without the prospect of converting to dollars, the speculative bubble burst, leaving only their underlying utility in niche applications.

---

Celebrations Around the World

The decision sparked celebrations worldwide. In Gaza, families displaced by violence danced in the streets, rejoicing at the sudden cessation of conflict. In Kyiv, Ukrainian and Russian soldiers shook hands, realizing they were no longer pawns of foreign financial interests.

In the United States, spontaneous gatherings erupted in major cities. Thousands descended upon Wall Street, waving banners proclaiming, "Justice Restored!" and "Sound Money for a Free People!" Communities that had suffered under the weight of debt and economic manipulation came together in jubilant solidarity.

Mr. Moore, once an ordinary man battling foreclosure, became a global symbol of resistance against injustice. "This ruling means freedom," he declared. "For the first time, I can pursue my dream of becoming an architect, knowing I’m no longer shackled by a system that denies my property rights."

---

Resistance and Controversy

Not everyone celebrated. Banking elites and corporate executives expressed outrage, warning of economic chaos. "This ruling is a catastrophe for the global financial system," said one CEO of a multinational bank.

Retirees dependent on government-backed pensions expressed concerns about their future. A faction of the poor, reliant on state welfare, also voiced frustration. "Without the state, what happens to us?" asked one protester.

However, the moral citizenry, galvanized by the principles of property and consent affirmed in the ruling, swiftly organized voluntary support networks. Communities pooled resources, emphasizing mutual aid over coercive redistribution.

---

The Dawn of a New Era

This ruling represents more than a legal victory—it is a seismic cultural and economic shift. Economists predict short-term turbulence but agree on the transformative potential of a decentralized, voluntary economy. Gold, silver, and bartering systems surged in adoption as people rediscovered the value of direct exchange.

Justice Clarence Thomas, writing for the Court, called the ruling "a return to constitutional principles long overshadowed by centralized control." Justice Sonia Sotomayor hailed it as "the reawakening of individual liberty in the face of systemic oppression."

For Zachary Moore, the decision is deeply personal. "I fought to save my home," he said, "but what we’ve achieved is so much greater. This is about humanity reclaiming its freedom."

As the world adjusts to this new reality, one truth is clear: history will forever remember the day that one man’s fight against foreclosure unraveled the machinery of coercion and restored the principles of liberty, property, and justice.