4 ms·
There is no higher authority than that of a sovereign. The government is a sovereign entity which forces use of its currency and taxation upon its subjects in o
by orangepurple 4y ago
There is no higher authority than that of a sovereign. The government is a sovereign entity which forces use of its currency and taxation upon its subjects in order to compel the procurement of goods and services for its courts, military, and police forces from which it derives actual power. More info in Debt: The First 5,000 Years https://www.amazon.com/Debt-First-5-000-Years/dp/1612191290 https://www.amazon.com/Debt-First-5-000-Years/dp/1612191290
- imtringued 4y agoThere is a higher authority than that actually, those with the government issued money that not even the government has any control over. After all even the government has to obey the rules of its own currency which is why it is perpetually in debt vs the private sector which is mostly controlled by the rich.