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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.

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 Post subject: RON PAUL CORRECTS HIMSELF REGARDING THE CAUSE OF MONETARY FA
PostPosted: 06 Oct 2008, 11:56 am 
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In the wake of the meaningless and useless idea our problems have been engendered by “printing money out of thin air,” Ron Paul may evidently be correcting himself.

No fact of course has sustained his long term claim that we have suffered [circulatory] “inflation.” In fact, all the while he has attributed our precipitous decline and devaluation of the dollar to an inflation he has never shown exists or can be such a cause, we have only suffered from severe, perpetual deflation.

We have of course nonetheless, suffered price inflation. Yet the price inflation we suffer therefore can only be caused not by the inexpensiveness of the currency (for crying out loud) or excessive circulation (which doesn’t exist), but instead by inherent multiplication of debt by the nature of the currency: As the costs of servicing perpetually escalated sums of debt erode margins of solubility, of course industry has to increase its prices or move to countries which permit slave labor forces — both of which are manifestations of inherent multiplication of debt by interest.

Perhaps we can all be encouraged then that in a recent interview with Alex Jones over the proposed bailout, Mr. Paul appears at least hypothetically to agree we need more money in “the economy.”

http://perfecteconomy.com/wp/2008/10/04/ron-paul-corrects-himself-regarding-the-cause-of-failure/




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"When the freedom they wished for most was the freedom from responsibility, then Athens ceased to be free, and never was free again."



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 Post subject: Re: RON PAUL CORRECTS HIMSELF REGARDING THE CAUSE OF MONETARY FA
PostPosted: 03 Sep 2009, 11:28 pm 
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I guess its DELUSION TIME again.

Lets see: Ron Paul genuinely likes price-stability...and MPE provides price-stability.

Gee, perhaps Ron Paul is just slowly correcting himself...and then eventually...he'll agree
with us!

Not!

Ron Paul likes hard money. And price-stability is just an excuse.

In fact, politics is not LEFT vs RIGHT. It is, instead, EASY MONEY vs HARD MONEY.

And Ron Paul likes hard money. Look it up.




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 Post subject: Re: RON PAUL CORRECTS HIMSELF REGARDING THE CAUSE OF MONETARY FA
PostPosted: 01 Mar 2010, 11:21 am 
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Terry Hnanicek wrote:
I guess its DELUSION TIME again.

Lets see: Ron Paul genuinely likes price-stability...and MPE provides price-stability.

Gee, perhaps Ron Paul is just slowly correcting himself...and then eventually...he'll agree
with us!

Not!

Ron Paul likes hard money. And price-stability is just an excuse.

In fact, politics is not LEFT vs RIGHT. It is, instead, EASY MONEY vs HARD MONEY.

And Ron Paul likes hard money. Look it up.


Ron Paul has regularly advocated that increased interest rates would have prevented the borrowing (indebtedness) which is the cause of the present failure.

The Austrian/Paulian assertion that elevated interest rates were a preferable policy is well enough known that I should not have to find you a YouTube video link to prove Paul has again and again advocated elevated interest rates. This is basic Ron Paul (and Austrian) dogma. Visit von Mises and search for F.A. Hayek's article, "A Free Market Money System," for example, and you will find Hayek (prototypical "Austrian economist") advocates interest, and even tells us why the Austrians (to which Paul adamantly confesses membership) even advocate the very kind of banking system we suffer — that they make for an extremely profitable business.

Paul has actually been advocating that *further* banks get into the business of publishing our promissory notes; and the reason is clear. How is he even truly advocating hard money, if he's advocating preservation of a banking system? Does his "end the Fed" bill dissolve the banking system, or allow further banks to compete for the position of top dog, to our inevitable destruction? What can we suffer but faster failure under his higher interest rates, if to maintain a vital circulation, these higher interest rates only require us to re-borrow more periodic interest — thus increasing the sum of artificial indebtedness at even faster rates?

Ron Paul has not advocated dissolution and solution of the banking system. He's advocated "competition" among banks, as if somehow that's going to serve us, or even precipitate in the elevated interest rates he advocates.

NO ONE, and most certainly, not Mr. Paul, has explained how "hard money" is going to save us. Certainly not, if we preserve interest, increase interest, and preserve our artificial sums of debt.

No one who does even the most rudimentary math of getting their mind around all these things is going to applaud the idea yet that $80 b of gold monetary reserves in the U.S. Treasury can sustain an $80 b circulation *WHICH WILL ARREST FURTHER MULTIPLICATION OF INDEBTEDNESS*. Gold of course has no power whatever to cancel the obligations of the present, artificial indebtedness, and so, THE DELUSION is that gold solves ANYTHING!

Are we better off that we can't assume debt under mathematically perfected currency™, if a newlywed couple for instance, fully credit worthy to do so, can't assume a $100,000 debt for a $100,000 home with a hundred-year lifespan — and this further deprives the real creditor (builder, who gives up real property for the promissory obligation) of their market?

Absolutely not. No one benefits unjustly, if the debtor is obligated to pay for the property as they consume of it; and nothing else whatever maintains the perpetual 1:1:1 relationship between remaining circulation, remaining value of represented property, and remaining obligation WHICH PERPETUALLY PRESERVES THE VALUE OF THE CURRRENCY.

Gold absolutely cannot do these things, because a circulation restricted to monetary reserves cannot grow to sustain further industry; and because to deny us to borrow further (which essentially violates/nullifies "the standard") is to deny us a way to sustain all the further industry we are capable otherwise of sustaining.

This is why, contrary to the dogma Mr. Paul perpetually spews, that the gold standard has always failed/condescended to a fractional reserve system. But the reason the resultant "fiat" failed is it was subjected to Mr. Paul's "interest," which perpetually multiplied artificial indebtedness into a terminal sum of debt.

If you believe Mr. Paul's dogma that gold was a blessing everywhere it was used for currency, you know little history. But don't take my word for it. Read Benjamin Franklin's "Nature and Necessity of a Paper Currency" for just a few examples how people (here) prospered more when they increased their circulation above monetary reserves. Of course, Franklin does not answer the riddle of how much currency to circulate; but note that our prescription for mathematically perfected currency™ does so.

The question of whether Paul's pathetic (and even undefined) appeals for "honest money," or hard money, or the end of fiat can serve us is elementary. Why he has never shown how an $80 b circulation (backed by present monetary reserves) can possibly sustain all our industry, is obvious. Nor are his gold bugs after "constitutional money" — for they refuse solution because what they REALLY want is to sell their pitiful little gold at hugely inflated prices THEMSELVES, as if that could possibly rescue us from terminal indebtedness so far exceeding all the gold in the world, that the question is merely rhetorical.




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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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