it is their right, it is their duty...
PEOPLE For Mathematically Perfected Economy™ (PFMPE™) : mathematically perfected economy™ (MPE™) is the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a vital circulation, engendering inevitable systemic failure at a finite system lifespan defined by an inevitable, terminal sum of insoluble debt. Mathematically Perfected Economy™ is every prospective debtor's right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.
THE COUNTER-PRODUCTIVE FANTASY OF A DEBT FREE MONETARY SYSTEM
Many people have proposed economic solutions through history. Every little while yet it seems we have another, even as I have from the beginning built the clear mathematic case for singularity, and closure.
Tuesday, April 22, 2008
THE COUNTER-PRODUCTIVE FANTASY OF A DEBT FREE MONETARY SYSTEM
A contradictory idea raised perhaps in misunderstandings of this material, is that debt itself as a monetary basis is to be eradicated.
A debt under mathematically perfected economy™ however is a far different thing than a debt under usury; and there is a concrete reason that money must come into circulation as a debt.
The reason that new money must come into circulation as a debt is simply that 1) we need further circulation to sustain the trade and payment for new production; and 2) that the juncture of newly introduced production is the opportunity to introduce that currency in a way which allows for its retraction from circulation in accord with the payment of the resultant obligation.
Debt itself is not injurious. The obligations of mathematically perfected economy™ allow us to produce wealth for markets which can pay for the wealth only as they consume of it. Thus the ability to take on debt for which we can be responsible is an advantage: the producers of the wealth can be paid for production we could not distribute otherwise; and the consumers of the wealth can pay for the wealth as they consume of it with an equal measure of their eventual production.
The evil of debts under usury on the other hand is the multiplication of the original obligation; and thereafter, the perpetual further multiplication of the debt in the course of merely maintaining a circulation which is vital to servicing the original debt.
The debts of usury therefore are not merely debts; they are processes which perpetually multiply the original principal.
The evil is not the debt however; it is the process of interest.
RELATED PRIMARY ARTICLES
RELATED REFUTATIONS/REVIEWS OF CONTROVERSIAL MONETARY PROPOSITIONS
"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)
REFUTATION OF CONTROVERSIAL MONETARY PROPOSITIONS, REVIEW OF OTHER MATERIAL
REVERSE CHRONOLOGICAL ORDER
pfmpe[ at ]perfecteconomy[ dot ]com
Gross National Public Debt Clock
"National debt," perhaps better said to be "federal debt," refers only to public debt accumulated by the federal government. National debt does not include the even greater sum of private debt, or further public debt accumulated by state and local governments.
PER CAPITA, THE CURRENT FEDERAL PUBLIC DEBT COMES TO APPROXIMATELY THIRTY-THOUSAND DOLLARS.
FIGURED AT THE ROUGH SCALE USED BELOW TO DETERMINE RESPONSIBILITY FOR PRIVATE DEBT, THE AVERAGE FEDERAL DEBT WOULD BE ROUGHLY $93,750 PER ELDER ADULT MOST RESPONSIBLE FOR THE ACCUMULATION OF FEDERAL DEBT. BUT LIKE PRIVATE DEBT, THE UNDUE BURDENS OF THIS SHARE WILL SIMPLY BE SADDLED UPON YOUNGER GENERATIONS.
PER CAPITA U.S. PUBLIC AND PRIVATE DEBT
Estimates of the sum of private and public U.S. debt together, accounting for potential Social Security and Medicare liabilities as of November, 2007, run as much as more than $96 trillion; or $320,000 per capita even for infants; OR AN AVERAGE OF ROUGHLY HALF A MILLION DOLLARS PER ADULT.
THIS EQUATES TO ROUGHLY $1 MILLION PER ELDER ADULT, MOST RESPONSIBLE FOR ENGENDERING THIS DEBT.
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PEOPLE For Mathematically Perfected Economy™ is the original and only bona fide solution to the world's imposed, falsified economic systems. On November 7, 1998, tens of thousands of voters designated PEOPLE For Mathematically Perfected Economy™ a Starting Point HOT SITE. Since the early 1990s, even while subject to extensive imitation and plagiarism, we have served up to hundreds of thousands of visitors per month, from all parts of the world.
DONATIONS FROM JANUARY 1979 TO APRIL 2008, $0.00!!! My great appreciation to Max Demarzi and I Young, who have since donated $100 and $50 respectively. You know, $1, $2, $3 is cool. If everybody did that, we wouldn't have any trouble at all maintaining this effort !
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.
Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.
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