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Now, think in terms of the pointman (“sovereign,” if you like), whose priority is to establish succession and a pool of eligible and loyal successors, aiming to roll back and eventually eliminate the central bank’s (and its clients’) ability to issue credit to “outside options” (the pool of successors are all inside options). Here, we have a fundamental and irreducible judgment: the ability of those gathering resources should be channeled toward the inside rather than the outside options. This can be formalized by having the pointman explicitly nominate and rank candidates so that he or they can sue the token issuing institution for aiding outside options that interfere with the candidate’s ability to exercise his options. The token issuing institution might then be signing onto the charters issued by the center, committing to issuing a certain line of credit. All the time we are pushing towards the subscription and token issuing system I have referred to many times, going back to the GABlog, in which networks of suppliers maintain the chains tying them altogether with each company or team holding the “right” (really, the ability) to exercise outside options with their suppliers or recipients—“usurpation” is internalized as part of the transfer translation of “free market” operations to the subscription and monopolistic order. Conflicts are possible at each point along the supply chain and in each act of interference in the other’s charter and the juridical order will be shaped to settle those disputes. Again, the focus is on each party’s use and repayment of the credit issued in terms of the charter, which represents a particular configuration of “needs” and “abilities.”

Adam Katz, Ve/ortexicality: Post-Axial Age Morality · Oct 28, 2025 · Bouvard Substack

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