Verbatim quote · from the corpus

“Decisions are rulings. Money is credit, and the exact form of money at the moment therefore also an indicator of the exact state of credit—who will be able to discharge which debts and when—which in turn determines the oscillations of debt enforcement and forgiveness. Your rulings are tugging along the line between debt enforcement and forgiveness (determining debt enforcement and forgiveness might simply be a definition of the juridical) for each of the parties and the more forms of credit and futurity you bring to bear on your rulings the more succession confers value over and against capital.”

— Adam Katz, Toward a Curriculum for the New Officer Class Academy · Mar 4, 2025 · Bouvard Substack