mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

Mathematically Perfected Economy™ FORUMS, DISCUSSION

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 Post subject: See slithering Niall Ferguson get mocked
PostPosted: 24 Jul 2010, 11:21 am 

Joined: 21 Aug 2009, 8:01 pm
Posts: 90
The Rothschild's adoring biographer, slithering Niall Ferguson,
is currently getting piled on like crazy. (heh heh heh)

Consider this post by economist Brad Delong, on his website, called

"Can't Anybody Here Play This Game? Fiscal Policy Edition"

http://delong.typepad.com/sdj/2010/07/c ... ition.html

Delong says:
Niall Ferguson writes:

Todays Keynesians have learned nothing: When Franklin
Roosevelt became president in 1933, the deficit was 4.7 per cent
of GDP. It rose to a peak of 5.6 per cent in 1934. The federal
debt burden [in the United States] rose only slightly --- from
40 to 45 percent of GDP --- prior to the outbreak of the second
world war. It was the war that saw the US(and all the other
combatants) embark on fiscal expansions of the sort we have seen
since 2007. So what we are witnessing today has less to do with
the 1930s than with the 1940s: it is world war finance without
the war...

Could we please have some aknowlegement of the fact that the
reason the debt-to-GDP ratio did not rise across the 1930s was
because GDP rose? Debt more than doubled from $22.5 billion
to $49.0 billion between June 30, 1933 and June 30, 1941. But
nominal GDP rose from $56 billion in 1933 to $127 billion in

And could we please have some aknowlegement that our 9.4% of GDP
deficit in 2010 pales in comparison to the 30.8% of GDP deficit
of 1943, or the 23.3% and 22.0% deficits of 1944 and 1945?

Niall Ferguson should not do this. The Financial Times should
not let Niall Ferguson do this.

Heh heh heh.

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While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.

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