Debt Slavery or Real Money: A Choice That Can No Longer Wait
Contributed by Alexander Harmon
America is facing a reality that can no longer be ignored: the system we are living under is not sustainable, lawful, or free. At the foundation of this crisis is money itself. The U.S. Constitution is clear—lawful money is gold and silver. Yet today, we operate entirely on the U.S. dollar, a fiat currency that is not money at all, but an IOU. It is debt issued as currency, and it enslaves everyone who uses it.
Because our currency is debt-based, our entire society is built on debt. Federal, state, and municipal governments do not fund themselves through real value—they borrow it into existence. This guarantees inflation, guarantees taxation, and guarantees that the public is permanently behind. A system that requires endless borrowing can never be balanced, and it can never be free.
This is why municipal governments across the country, including cities and the Matanuska-Susitna Borough, are financially broken. They are not failing accidentally—they are failing structurally. When money is fake, budgets are fake. When value is imaginary, solvency is impossible. To survive, these municipalities have transformed themselves into incorporated entities, operating as commercial contractors rather than lawful governing bodies.
Once incorporated, a municipality no longer functions under common law, but under commerce law. Citizens are no longer treated as free people, but as customers, accounts, and revenue streams. Fees, permits, licenses, fines, and taxes replace consent and representation. This is not governance—it is corporate administration imposed onto a community without lawful authority.
Governments were never granted the authority to convert themselves into businesses and rule over people through commercial contracts. That transformation is unlawful at its core. Yet it continues because debt-based money demands constant extraction from the public. The system cannot survive unless the people are continuously charged to exist within it.
There is only one way out of this trap: a return to lawful money. Gold and silver do not require debt. They cannot be printed. They cannot be inflated. They represent completed labor, real value, and true ownership. When a transaction is made with gold or silver, it is final—no interest, no obligation, no future debt attached.
Tools such as Goldbacks demonstrate that gold can function as everyday money again. They allow people to store and exchange value outside the banking system, reduce exposure to inflation, and begin rebuilding local economies based on honesty instead of debt. This is not a theory—it is already happening where people choose it.
Gold represents freedom because it removes dependency. Fiat currency represents control because it requires permission, surveillance, and compliance. One system produces independence; the other produces servitude. The longer we delay this change, the deeper the chains become.
Alaska was built on independence, not corporate governance, on self-reliance, not perpetual debt. The question before us is simple and urgent: do we continue accepting a system that guarantees debt slavery, or do we reclaim lawful money and lawful governance?
This is not a problem for the next generation. It is a problem now. And it will not fix itself. Contact me at alexanderharmon94@gmail.com.