3 ms·

but you need a police force to enforce fiat :)

• kybernetikos 14y ago
  You need a police force to enforce contracts and there is no system of exchange that can survive without contract.
  • objclxt 14y ago
    No...you need a justice system to enforce contracts: contract law and dispute resolution pre-dates the idea of a police force by hundreds of years. Breaking a contract is a purely civil matter. The police usually don't investigate tort law, only criminal law. When the police do get involved in civil law disputes it can get quite controversial.
    • Nursie 14y ago
      >> contract law and dispute resolution pre-dates the idea of a police force by hundreds of years. So does centrally controlled currency...