PEOPLE For  Mathematically Perfected Economy™  :  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 circulation.

MORPHALLAXIS, January 14, 1979.

THE COUNTER-PRODUCTIVE FANTASY OF A DEBT FREE MONETARY SYSTEM

Look around you as the smell rises from your gutted country and all the facades of usury fail. Notice one thing: When things turn sour, what are usurers compelled to do?

To save the hour for the last further iota of unearned taking, they are always, always, always compelled to restrain interest.

mike montagne

mike montagne

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

  1. [ KEY MODEL ]  PARABLE OF PERFECT ECONOMY — HOW USURY COMPELLED THE AMERICAN REVOLUTION
    1. HOW MATHEMATICALLY PERFECTED CURRENCY™ EXTENDS THE INDIVIDUALISM OF THE PARABLE
  2. WHAT IS FREE ENTERPRISE?
  3. [ KEY ]  WHY AND HOW PRECIOUS METAL MONETARY STANDARDS [THE GOLD STANDARD] CAN ONLY FAIL. WHAT IS SOUND MONEY?
  4. WHAT IS USURY?

RELATED REFUTATIONS/REVIEWS OF CONTROVERSIAL MONETARY PROPOSITIONS

  1. Why Invalidate All Contending Monetary Propositions?
  2. Why Pre-MPE™ Austrian School Dogma Can Never Solve Our Issues
    1. A FATAL FLAW OF AUSTRIAN SCHOOL ECONOMICS — COMPLETE REJECTION OF MATHEMATICS?
    2. REGARDING INTEREST THEN, DOES AUSTRIAN SCHOOL ECONOMICS NOT HAVE TITLE TO LIBERTY AND RIGHT REVERSED?
    3. William B. Ryan Kent State University Capital Ownership Group Forum Ad Hominems Disprove Mathematically Perfected Economy™?

      Or Academia Inadvertently Validates Mathematically Perfected Economy™?
    4. Example Austrian School Rejections of Mathematically Perfected Economy™
    5. VICIOUSNESS AND EVASION AS THE REGULAR DEFENSE OF THE AUSTRIAN SCHOOL
  3. What's Wrong With Ron Paul and Milton Friedman's Idea To Stop Expanding The Money Supply?
  4. What's Wrong With Social Credit and Douglas' A + B Theorem?
  5. Why Have Benjamin Franklin, Thomas Jefferson, Ron Paul, Edwin Vieira and So Many Others Failed to Deliver Solution?
    1. WHY RON PAUL AND EDWIN VIEIRA HAVE FAILED TO DELIVER SOLUTION
    2. H. R. 1148 — RON PAUL'S ATTEMPT TO RESCIND THE FEDERAL RESERVE ACT?
    3. FANTASIES OF EDWIN VIEIRA'S REDUNDANT NEW HAMPSHIRE HB 1342, PURPORTEDLY TO ENDORSE CONSTITUTIONAL MONEY
    4. HR 2779 — RON PAUL AND EDWIN VIEIRA'S SO CALLED HONEST MONEY ACT
    5. BANAL FAULTS OF THE SO CALLED AMERICAN MONETARY ACT OF THE SO CALLED AMERICAN MONETARY INSTITUTE
    6. Invalidation of G. Edward Griffin's Creature From Jekyll Island Obfuscation Of The Need To Re-borrow Interest To Maintain A Circulation
      1. USURY OR MATHEMATICALLY PERFECTED ECONOMY™ — WHICH PRESERVES 'COLLECTIVISM' OR 'INDIVIDUALISM'?
    7. GARY NORTH PRETENDS THE ORIGINS AND FAULTS OF MATHEMATICALLY PERFECTED ECONOMY™
  6. [ TO COME ]  The Broken Ideology: Monetary Narcissism Condemns Its Own Progeny To Destruction
  7. THE COUNTER-PRODUCTIVE FANTASY OF A DEBT FREE MONETARY SYSTEM
  8. AXIOMATIC ECONOMICS? VICTOR AGUILAR'S PURPORTED REVIEW OF MATHEMATICALLY PERFECTED ECONOMY™
  9. Margrit Kennedy's Essays On Interest and Inflation Free Money
  10. ELLEN HODGSON BROWN AND WEB OF DEBT
  11. EDWARD FLAHERTY'S PURPORTED DEBUNKING OF JAIKARAN'S STOLEN DEBT VIRUS THESIS
  12. REAL OPTIONS OF 'TRADERS,' TRAITORS AND LOOTERS IN THE LAST DAYS OF THE REPUBLIC
  13. Has Anyone Ever Disproven Mathematically Perfected Economy™?
  14. How Mathematically Perfected Economy™ Solves The Faults Of All Alternate 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)

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NEXT PAGE. AXIOMATIC ECONOMICS? VICTOR AGUILAR'S PURPORTED REVIEW OF MATHEMATICALLY PERFECTED ECONOMY™

PFMPE™ DIRECTORIES

MORPHALLAXIS, January 14, 1979.

MAIN SITE DIRECTORY

PRIMARY ARTICLES

  1. SYNOPSIS — mathematically perfected economy™ REDUCED TO ITS BAREST THREAD
  2. [ KEY SUMMARY ]  HOME — SOLUTION, PURPORTED MONETARY REFORM, OR INHERENT FAILURE BY INTEREST?
  3. PROBABILITY AND TIMELINE FOR WORLD-WIDE ECONOMIC COLLAPSE AS A CONSEQUENCE OF INTEREST
    1. [ KEY ]  ABOUT INTEREST, KEY TO THE CYCLE OF USURY: 'IT'S THE INTEREST, STUPID, IT'S THE INTEREST'
    2. ARTIFICIAL SUSTENTION — RELEVANCE OF PROJECTION AND CAPACITIES TO ARTIFICIALLY EXTEND THE LIFESPAN OF USURY
    3. INHERENT PATTERN OF FAILURE OF ANY PURPORTED ECONOMY SUBJECT TO INTEREST
    4. CURRENT SHAPING OF THE FAILURE — PRELUDE TO SECOND GREAT DEPRESSION OR MATHEMATICALLY PERFECTED ECONOMY™
    5. [ KEY ]  WHY AND HOW PRECIOUS METAL MONETARY STANDARDS [THE GOLD STANDARD] CAN ONLY FAIL. WHAT IS SOUND MONEY?
    6. [ KEY ]  THE PURPORTED QUESTION OF WHO SHOULD ISSUE THE CURRENCY — WHO WOULD LOAN MONEY IF IT WERE NOT SUBJECT TO INTEREST?
    7. [ KEY ]  DOES RISK JUSTIFY SUBJECTING THE FEDERAL RESERVE NOTE TO INTEREST (USURY)?
    8. PURPOSES OF THE DECEPTION THAT INFLATION IS CONTROLLED BY INTEREST (USURY)
    9. WHY INFLATION ITSELF IS A LIE; WHY IT IS IMPOSSIBLE TO SOLVE THE REAL CONSEQUENCES OF A CURRENCY SUBJECT TO INTEREST
    10. WHAT IS USURY?
    11. WHAT IS FREE ENTERPRISE?
  4. WHAT IS Mathematically Perfected Economy™?
    1. 'MPE™ 101' — BASIC IMPLEMENTATION OF Mathematically Perfected Economy™
    2. [ KEY ]  'MPE™ 102' — 'FIAT CURRENCY.' WHAT ABOUT IT?
    3. [ KEY ]  'MPE™ 103' — HOW MUCH MONEY TO CIRCULATE 'OUT OF THIN AIR'?
    4. 'MPE™ 104' — TAXATION UNDER MATHEMATICALLY PERFECTED ECONOMY™
    5. 'MPE™ 105' — DEBT ONLY EQUIVALENT TO THE PROPERTY WE HAVE POSSESSED AND NOT PAID FOR, OR THE COSTS OF SERVICING DEBT PERPETUALLY MULTIPLYING IN PROPORTION TO OUR MEANS; WHAT IS THE REAL ENEMY?
    6. [ KEY ]  'MPE™ 106' — 'MONEY OUT OF THIN AIR': IT IS NEITHER AN OFFENSE OR DISADVANTAGE THAT TOKENS OF WEALTH COST NOTHING
    7. 'MPE™ 107' — PARASITIC 'MARKETS' CAN ONLY MAKE KILLINGS AT *OUR* EXPENSE — 'INVESTMENT' IN Mathematically Perfected Economy™
    8. 'MPE™ 108' — CIRCULATORY INFLATION AND PRICE INFLATION EXPLAINED
    9. 'MPE™ 109' — CIRCULATORY DEFLATION AND THE CONSEQUENCES OF DEFICIENT CIRCULATION
    10. 'MPE™ 110' — DEPRECIATION AND EQUITY IN MATHEMATICALLY PERFECTED ECONOMY™
    11. 'MPE™ 111' — UNINTRODUCED CIRCULATION AND EQUITY IN MATHEMATICALLY PERFECTED ECONOMY™
    12. 'MPE™ 112' — NATURE OF MONEY IN MATHEMATICALLY PERFECTED ECONOMY™
    13. 'MPE™ 113' — UNEARNED GAIN — PROFIT WITHOUT REAL, COMMENSURABLE CONTRIBUTION TO THE POOL OF WEALTH
    14. 'MPE™ 114' — LAND
    15. 'MPE™ 115' — RETIREMENT
    16. 'MPE™ 116' — PURPORTED SUPPLY AND DEMAND
    17. 'MPE™ 117' — MATHEMATICALLY? PERFECTED? ECONOMY? WHY TERMINOLOGY TO WHICH SOME OBJECT?
    18. 'MPE™ 118' — HOW WE READILY COMPUTE FUTURE ACCUMULATION OF DEBT WITH GREAT PRECISION (TO THE NAYSAYERS OF PROJECTION)
  5. WHY AND HOW USURY HAS BEEN IMPOSED ACROSS THE WORLD
  6. [ KEY MODEL ]  PARABLE OF PERFECT ECONOMY — HOW USURY COMPELLED THE AMERICAN REVOLUTION
    1. HOW MATHEMATICALLY PERFECTED CURRENCY™ EXTENDS THE INDIVIDUALISM OF THE PARABLE
  7. POST REVOLUTION ATTEMPTS TO IMPOSE USURY SUCCEED IN THE UNCONSTITUTIONAL DECEPTIONS OF THE FEDERAL RESERVE ACT
    1. [ KEY HISTORY ]  Congressman Louis T. McFadden before the House of Representatives, June 10, 1932, in the midst of the first Great Depression
    2. RELATED ACCOUNTS OF THE FIRST GREAT DEPRESSION
  8. EVERY PRESIDENT SINCE GERALD FORD EVADES MATHEMATICALLY PERFECTED ECONOMY™
  9. WHO ARE THE BILDERBERGS, THE SECRET SOCIETIES REARING CANDIDATES AND SHAPING GOVERNMENT? WHAT IS GLOBALISM?
  10. IMMEDIATE CONVERSION OF A CENTRAL BANKING SYSTEM TO MATHEMATICALLY PERFECTED ECONOMY™
  11. CONSTITUTIONAL AMENDMENT OF MATHEMATICALLY PERFECTED ECONOMY™
  12. WHY ACCOUNTABILITY IS CRITICAL THROUGHOUT A REPUBLIC
  13. OPEN LETTERS TO THE CANDIDATES AND PURPORTED REPRESENTATIVE GOVERNMENT — INTRODUCTION
    1. OPEN LETTER TO THE CONGRESS, SENATE AND SUPREME COURT OF THE UNITED STATES
    2. OPEN LETTER TO JOHN MCCAIN
    3. OPEN LETTER TO HILLARY CLINTON
    4. OPEN LETTER TO RON PAUL
    5. OPEN LETTER TO BARACK OBAMA
    6. OPEN LETTER TO PRESIDENT BUSH
  14. THE PEOPLE'S RESPONSIBILITY
  15. THANKS FOR VISITING PEOPLE For Mathematically Perfected Economy™

REFUTATION OF CONTROVERSIAL MONETARY PROPOSITIONS, REVIEW OF OTHER MATERIAL

  1. Why Invalidate All Contending Monetary Propositions?
  2. Why Pre-MPE™ Austrian School Dogma Can Never Solve Our Issues
    1. A FATAL FLAW OF AUSTRIAN SCHOOL ECONOMICS — COMPLETE REJECTION OF MATHEMATICS?
    2. REGARDING INTEREST THEN, DOES AUSTRIAN SCHOOL ECONOMICS NOT HAVE TITLE TO LIBERTY AND RIGHT REVERSED?
    3. William B. Ryan Kent State University Capital Ownership Group Forum Ad Hominems Disprove Mathematically Perfected Economy™?

      Or Academia Inadvertently Validates Mathematically Perfected Economy™?
    4. Example Austrian School Rejections of Mathematically Perfected Economy™
    5. VICIOUSNESS AND EVASION AS THE REGULAR DEFENSE OF THE AUSTRIAN SCHOOL
  3. What's Wrong With Ron Paul and Milton Friedman's Idea To Stop Expanding The Money Supply?
  4. What's Wrong With Social Credit and Douglas' A + B Theorem?
  5. Why Have Benjamin Franklin, Thomas Jefferson, Ron Paul, Edwin Vieira and So Many Others Failed to Deliver Solution?
    1. WHY RON PAUL AND EDWIN VIEIRA HAVE FAILED TO DELIVER SOLUTION
    2. H. R. 1148 — RON PAUL'S ATTEMPT TO RESCIND THE FEDERAL RESERVE ACT?
    3. FANTASIES OF EDWIN VIEIRA'S REDUNDANT NEW HAMPSHIRE HB 1342, PURPORTEDLY TO ENDORSE CONSTITUTIONAL MONEY
    4. HR 2779 — RON PAUL AND EDWIN VIEIRA'S SO CALLED HONEST MONEY ACT
    5. BANAL FAULTS OF THE SO CALLED AMERICAN MONETARY ACT OF THE SO CALLED AMERICAN MONETARY INSTITUTE
    6. Invalidation of G. Edward Griffin's Creature From Jekyll Island Obfuscation Of The Need To Re-borrow Interest To Maintain A Circulation
      1. USURY OR MATHEMATICALLY PERFECTED ECONOMY™ — WHICH PRESERVES 'COLLECTIVISM' OR 'INDIVIDUALISM'?
    7. GARY NORTH PRETENDS THE ORIGINS AND FAULTS OF MATHEMATICALLY PERFECTED ECONOMY™
  6. [ TO COME ]  The Broken Ideology: Monetary Narcissism Condemns Its Own Progeny To Destruction
  7. THE COUNTER-PRODUCTIVE FANTASY OF A DEBT FREE MONETARY SYSTEM
  8. AXIOMATIC ECONOMICS? VICTOR AGUILAR'S PURPORTED REVIEW OF MATHEMATICALLY PERFECTED ECONOMY™
  9. Margrit Kennedy's Essays On Interest and Inflation Free Money
  10. ELLEN HODGSON BROWN AND WEB OF DEBT
  11. EDWARD FLAHERTY'S PURPORTED DEBUNKING OF JAIKARAN'S STOLEN DEBT VIRUS THESIS
  12. REAL OPTIONS OF 'TRADERS,' TRAITORS AND LOOTERS IN THE LAST DAYS OF THE REPUBLIC
  13. Has Anyone Ever Disproven Mathematically Perfected Economy™?
  14. How Mathematically Perfected Economy™ Solves The Faults Of All Alternate Propositions

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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.

Javascript must be enabled for zfacts.com to display the clock's real time gross national public debt data.

zFacts.com

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.

Hodges' America's Total Debt Report

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