The irony for Europeans today is profound. The ordinary European feels the grip of power structures -- once embodied by royal families and banking dynasties -- now evolved into global corporations and financial elites.

The American Constitution was a defiant stand by Europeans to break away from this dominion; sound money and the rejection of a central bank were central to this vision. Yet, with the rise of the Federal Reserve and fiat currency, that very dominion has found a foothold in America, capturing the freedoms once fought for. Now, in a globalised world, we Europeans on either side of the Atlantic must recognise that we are subjects, not beneficiaries, of this metamorphosed monster that has overturned the Constitution.