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.

MORPHALLAXIS, January 14, 1979.

Has Anyone Ever Disproven Mathematically Perfected Economy™?

Thomas Jefferson

The Bank of the United States is one of the most deadly hostilities existing against the principles and form of our Constitution. The system of banking is a blot [defect] left in [unsolved by, and unfortunately tolerated by] all our Constitutions [state and federal], which if not covered [eventually solved and revoked] will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity [on the greatest possible scale].

If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property [their very own production], until their children wake homeless on the continent their fathers conquered.

I can count on my fingers the number of times in more than 35 years that someone has actually tried to produce a formal disproof of mathematically perfected economy™; and I can count on 4 fingers the ways they believed they have done so.

These are the 4 avenues pursued — and an open invitation to anyone to further debate singular solution of 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent multiplication of debt by interest.

THE PURPORTED DISPROOF OF "THE DEBT VIRUS THEORY" DISPROVES Mathematically Perfected Economy™?

In October 2007 a Ron Paul supporter asked for a definition of mathematically perfected economy™, asserting that "the debt virus theory" had already been disproven.

They neither produced this purported disproof of "the debt virus theory," nor any argument which could remotely have disproven that there is one and one only solution to 1) inflation and deflation [which is solved only by maintaining a circulation constantly equal to the remaining value of related assets], 3) inherent multiplication of debt by interest [which is solved only by eradication of interest], and 2) systemic manipulation of the cost or value of money or property [which is solved only by a combination of solutions 1 and 2].

To the best of my knowledge and experience nonetheless, the issue of the purported disproof of "the debt virus theory" has already been closed contrary to the claimed remaining validity of the alleged disproof.

To be clear, in the mid 1990s a certain professor posted pages claiming to debunk all "Federal Reserve conspiracy myths," including what I believe he called "the debt virus theory." Whether this nomenclature was original to said professor, and whether the nomenclature was intended to apply to my work or others', I do not know. But eventually some of his students emailed me asking about the controversy. I wrote back, providing what I submit were conclusive refutations of his purported disproof (as I submit to your candid evaluation, my response to William B. Ryan's ad hominems likewise comprises).

In any case, said professor attempted in a similar fashion to Mr. Ryan, to show that debt does not multiply in proportion to a circulation subject to interest.

Students of the professor then begged for further help as the professor continued to teach his disputed disproof. In response to the growing number of mails, I posted for my own benefit and the perpetual direct reference of present and further students, a page which I gave the title of, "[name of professor] Debunked" — a page which is equivalent to my response to Mr. Ryan's purported disproof, because said professor of course was attempting to establish the same proposition as Mr. Ryan.

A few years after posting said page I received the most cordial and polite letter from the university, asking me that since they had required said professor to take down his material, if I would please take down mine as well, as the controversy had proven a substantial embarrassment to the school. I gladly agreed.

Nonetheless, not only is the professor's (or whoever's) "debt virus theory" disproof itself disproven; it did not even apply to mathematically perfected economy™. It intended instead to apply to one of the three principal issues which mathematically perfected economy™ alone solves (inherent multiplication of debt by interest), but as in my response to William B. Ryan's ad hominem disproof, the professor too would have failed to establish that debt is not multiplied by interest.

Thus (if my disproof of Ryan likewise stands the usual tests), the disproof of the debt virus theory is likewise itself already disproven, and never even itself asserted in the first place that there is not one and one only solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent multiplication of debt by interest.

WILLIAM B. RYAN AD HOMINEMS DISPROVE Mathematically Perfected Economy™?

William B. Ryan of the Kent State University "Capital Ownership Group" "think tank" likewise attempted to prove interest does not multiply debt in proportion to a circulation. In his purported disproof he himself ultimately attests however that interest paid out of circulation is re-borrowed back into circulation as new debt.

Nevertheless, his self-contradicting proof applies only to the proposition that circulation subject to interest inherently multiplies debt. Even if his assertion were not disproven therefore, it has no power whatever to disprove solution of inflation, deflation, systemic manipulation of the cost or value of money or property, and inherent multiplication of debt by interest.

Please see the following link to evaluate my disproof of Ryan's assertion (which thus likewise applies to the purported disproof of "the debt virus theory").

"PROFIT" DISPROVES Mathematically Perfected Economy™?

A Boise, Idaho "economist" blurted out that "profit" prevents interest from multiplying debt in proportion to a circulation. While this hardly qualifies as an attempted formal disproof of mathematically perfected economy™, nonetheless it was taken as an overriding principle. When asked how profit from each other eliminated the transformation of interest into further debt to whatever extent we are forced to maintain a circulation subject to interest by re-borrowing whatever we pay against principal and interest as subsequent sums of debt, increased so much as periodic interest, the economist of course had no answer.

The "Tragedy of the Commons" DISPROVES Mathematically Perfected Economy™?

Recently (2008-02-25 03:24:56) a Ron Paul supporter made the following assertion (which is a somewhat new twist to the repertoire of rejection):

What you propose is nothing more than a mathematically reconstructed version of a symmetrical model for human economic organization that has been repeatedly discredited. The MPE suffers from the same flawed premise as any other utopian vision of human organization. This flaw is known as the "Tragedy of the Commons."

[1] People are simply not incentivized to work and innovate when the fruits of their labor are distributed unequally to less industrious members of the community. [2] While an interest based monetary system suffers the same inevitable fate wherein the parasites eventually devour the host, at least it allows a host to grow and develop in the first place.

The Tragedy of the Commons of course makes no overt or implied effort whatever to disprove mathematically perfected economy™. Nor is any other applicable discredit cited. The form of the argument only expects that we somehow assume that the asserted repeated discredits are valid from what is not even supplied.

After asking for faith, the refutation then offers two propositions in bad faith, counting them against mathematically perfected economy™ instead of in its favor:

  1. "People are simply not incentivized to work and innovate when the fruits of their labor are distributed unequally to less industrious members of the community."

    Then of course people are far more incentivized to work under mathematically perfected economy™, because mathematically perfected economy™ entirely eliminates maldistribution of wealth to the less industrious members of the community who take even so freely from our production without providing us anything in return, that multiplication of debt eventually even terminates the system.

    Under usury, even the initial cost of a home to a debtor is a multiple of our production; and worse, further manipulation of the cost or value of money or property so multiplies the cost of our own production to us, that we spend lifetime after lifetime (less incentivized) paying for our own production, itself originally amounting to no more than a few months of human labor.

  2. "While an interest based monetary system suffers the same inevitable fate wherein the parasites eventually devour the host, at least it allows a host to grow and develop in the first place."

    As we agree also then that allowing a host to grow and develop in the first place is a merit, mathematically perfected economy™ therefore enjoys a many-fold advantage over usury, because mathematically perfected economy™ reduces the cost of procuring our production to no more than the cost of the production.

    Not only does interest multiply the initial cost of production however, it multiplies debt in proportion to the production. Thus particularly as the conclusion of the inherent lifespan of any monetary system subject to interest nears, it is ever less possible then to host or grow [further] development "in the first place."

    The first generation in the new monopoly game may enjoy some initial advantage over later generations; but in the end they do not even pay their debts (which are impossible to pay); and so the last generation to come to the board is left the consequences.

Not only is the retort no disproof whatsoever, its only cited points weigh strongly in favor of mathematically perfected economy™.

CLOSURE

No one has to be a mathematic genius to realize that if inflation and deflation are defined respectively as increases or decreases in circulation per related assets, then we solve inflation and deflation if and only if we maintain a circulation which is always equal to the remaining value of related assets. Likewise, no one has to be a mathematic genius to realize that if interest inherently multiplies debt in proportion to a circulation, then we solve inherent multiplication of debt in proportion to a circulation if and only if we eradicate interest.

Who is anyone kidding then, to assert that we have to give up the mere publication of our promises to pay debt, to other private parties which produce nothing for us, but by imposing interest upon our promises to pay to each other, multiply their unearned taking upon us in the form of ever escalating debt, until we inevitably succumb to the weight of terminal debt?

Those who dare try to disprove mathematically perfected economy™ therefore are typically either deceived, or have something no less destructive than their own unearned gain at stake in committing us to further usury and its near term consequence of terminal debt. Nonetheless, as surely as there is one and one only solution to inflation, deflation, and inherent multiplication of debt, they never have and never will produce a disproof of mathematically perfected economy™.

RELATED EXTERNAL MATERIAL

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"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)

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.Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.

PEOPLE For Mathematically Perfected Economy™, Mathematically Perfected Economy™, Mathematically Perfected Currency™, MPE™, and PFMPE™ are trademarks of mike montagne and PEOPLE For Mathematically Perfected Economy™, perfecteconomy.com. The trade name, Mathematically Perfected Economy™, may only be used, and may freely be used, only by permission, and only by countries complying with the prescription for Mathematically Perfected Economy™ herein.

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