Monday, February 23, 2015

If man gave authority to the government to rule, why are people suffering from debts given out by the government? And who gave them right to print...

To answer this question, we must first examine your statement that people have debts that are “given out by the government.”  This is not true. People are generally in debt to other people, either individuals or companies.  Of course, the government does enforce debts so if you owe a person money, they can go to court and get the government to order you to pay. This is perfectly reasonable. One reason why people give consent...

To answer this question, we must first examine your statement that people have debts that are “given out by the government.”  This is not true. People are generally in debt to other people, either individuals or companies.  Of course, the government does enforce debts so if you owe a person money, they can go to court and get the government to order you to pay. This is perfectly reasonable. One reason why people give consent to be governed is so that the government will protect their property. If I loan you part of my property (money), and you refuse to pay me back, it makes sense that I would want the government to help me recover my property.  In other words, we should not say that the government has given us the debt and we should not be surprised if people want the government to help them collect debts that people owe them.


Now, there are times when you might owe the government money. This would occur if you failed to pay your taxes or other fees.  We tend to hate taxes, but most people would admit they are necessary so that the government can have money to fund things like the police and schools. If we want government, we must be willing to give some of our money to the government so it will be able to do the things we need it to do.  In this case, I suppose we could say that the government is “giving out” debt, but it is entirely understandable that we should be required to help pay for our government.


As far as printing money goes, this is something we want the government to do in order to protect our property. It is much easier for us to have a strong and wealthy economy if we have money (rather than a barter system). Therefore, we want to have money in our economy. It is better for us if the government (rather than private enterprises) prints the money because then we know it is backed by the government and we know it will keep its value.  In other words, almost everyone would want the government to be in charge of printing the money.

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