'MPE™ 104' — DEBT IN MATHEMATICALLY PERFECTED ECONOMY™

4  But thou, O Daniel, shut up the words, and seal the book, even to the time of the end; many shall run to and fro, and knowledge shall be increased. Daniel 12

mike montagne

HOW MUCH MONEY TO CIRCULATE 'OUT OF THIN AIR'?

Talk is circulating that "creating money out of thin air" has caused the falling dollar... rising prices... the long term disappearance of our once remarkable industry... insoluble public, private, and foreign debt... the "sub-prime mortgage crisis" (case of the most artificially marginalized debtors)... and a far broader multiplying indebtedness, manifesting in a far broader and deeper failure just ahead.

The saying ascertains nothing which answers for the effects attributed to it; for again, what injury could a costless currency inflict, if it merely represented wealth in a monetary system which ensured its currency is always interchangeable with that wealth?

As costlessness is itself non-injurious then, we must look further than the saying for useful explanation, because in fact then, it is impossible that the expressed issue is the crime against us.

Monday, April 7, 2008

DEBT IN MATHEMATICALLY PERFECTED ECONOMY™

Accustomed to multiplying debt everywhere about us, many of us tend to think of debt solely as an adversity.

Obviously it is true that debt inherently multiplying in proportion to our possible means of withstanding the costs of servicing debt is adverse. It is ultimately even terminal.

But debt which is not multiplied by interest is an advantage to both the producer of wealth and the eventual debtor, because the unmultiplied debts of mathematically perfected economy™ allow the first to be paid for their production and the second to pay for that production as they consume of it. No one gets anything for nothing.

If we did not choose to consolidate and standardize the issuance of mathematically perfected currency in representative government, the producer of the wealth would have to be the creditor; and they would not be able to receive for their production but as the debtor paid for it.

In mathematically perfected economy™, the benefit of issuance by representative government is, process consolidation; a standard, uniform currency; debts paid by standardized rates of depreciation (straight or escalated); standardized and streamlined certification of credit-worthiness; immediate payment to the producer; and a circulation therefore which is always equal to [as much as practical or necessary of] the current value of the sum of wealth.

Owing to solution of inflation and deflation, the unmultiplied debts of mathematically perfected economy™ can never exceed the circulation or sum of wealth.

The greatest possible case of indebtedness is the case of *all* wealth being financed by borrowing; and if *all* wealth is financed by borrowing mathematically perfected currency into circulation, then at all times:

Nonetheless, while inflation, deflation, and multiplication of debt by interest are eradicated altogether, at all times the sum of debt can be paid/solved from the existent circulation (even in the case of greatest possible debt); and the sum of wealth balances (or exceeds) the sum of debt.

Overall, the society therefore is never in debt; it is always in a neutral overall debt state: some of its members indirectly owe others, only in the sense of the production they have not yet consumed.

RELATED PRIMARY ARTICLES

1. [ KEY SUMMARY ]  HOME — SOLUTION, PURPORTED MONETARY REFORM, OR INHERENT FAILURE BY INTEREST?
2. PROBABILITY AND TIMELINE FOR WORLD-WIDE ECONOMIC COLLAPSE AS A CONSEQUENCE OF INTEREST
   3. [ KEY ]  ABOUT INTEREST, KEY TO THE CYCLE OF USURY: 'IT'S THE INTEREST, STUPID, IT'S THE INTEREST'
   4. ARTIFICIAL SUSTENTION — RELEVANCE OF PROJECTION AND CAPACITIES TO ARTIFICIALLY EXTEND THE LIFESPAN OF USURY
   5. INHERENT PATTERN OF FAILURE OF ANY PURPORTED ECONOMY SUBJECT TO INTEREST
   6. CURRENT SHAPING OF THE FAILURE — PRELUDE TO SECOND GREAT DEPRESSION OR MATHEMATICALLY PERFECTED ECONOMY™
   7. [ KEY ]  WHY AND HOW PRECIOUS METAL MONETARY STANDARDS [THE GOLD STANDARD] CAN ONLY FAIL. WHAT IS SOUND MONEY?
   8. [ KEY ]  THE PURPORTED QUESTION OF WHO SHOULD ISSUE THE CURRENCY — WHO WOULD LOAN MONEY IF IT WERE NOT SUBJECT TO INTEREST?
   9. [ KEY ]  DOES RISK JUSTIFY SUBJECTING THE FEDERAL RESERVE NOTE TO INTEREST (USURY)?
   10. PURPOSES OF THE DECEPTION THAT INFLATION IS CONTROLLED BY INTEREST (USURY)
   11. WHY INFLATION ITSELF IS A LIE; WHY IT IS IMPOSSIBLE TO SOLVE THE REAL CONSEQUENCES OF A CURRENCY SUBJECT TO INTEREST
   12. WHAT IS USURY?
   13. WHAT IS FREE ENTERPRISE?
14. WHAT IS Mathematically Perfected Economy™?
    15. 'MPE™ 101' — BASIC IMPLEMENTATION OF Mathematically Perfected Economy™
    16. [ KEY ]  'MPE™ 102' — 'FIAT CURRENCY.' WHAT ABOUT IT?
    17. [ KEY ]  'MPE™ 103' — HOW MUCH MONEY TO CIRCULATE 'OUT OF THIN AIR'?
    18. 'MPE™ 104' — TAXATION UNDER MATHEMATICALLY PERFECTED ECONOMY™
    19. '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?
    20. [ KEY ]  'MPE™ 106' — 'MONEY OUT OF THIN AIR': IT IS NEITHER AN OFFENSE OR DISADVANTAGE THAT TOKENS OF WEALTH COST NOTHING
    21. 'MPE™ 107' — PARASITIC 'MARKETS' CAN ONLY MAKE KILLINGS AT *OUR* EXPENSE — 'INVESTMENT' IN Mathematically Perfected Economy™
    22. 'MPE™ 108' — CIRCULATORY INFLATION AND PRICE INFLATION EXPLAINED
    23. 'MPE™ 109' — CIRCULATORY DEFLATION AND THE CONSEQUENCES OF DEFICIENT CIRCULATION
    24. 'MPE™ 110' — DEPRECIATION AND EQUITY IN MATHEMATICALLY PERFECTED ECONOMY™
    25. 'MPE™ 111' — UNINTRODUCED CIRCULATION AND EQUITY IN MATHEMATICALLY PERFECTED ECONOMY™
    26. 'MPE™ 112' — NATURE OF MONEY IN MATHEMATICALLY PERFECTED ECONOMY™
    27. 'MPE™ 113' — UNEARNED GAIN — PROFIT WITHOUT REAL, COMMENSURABLE CONTRIBUTION TO THE POOL OF WEALTH
    28. 'MPE™ 114' — LAND
    29. 'MPE™ 115' — RETIREMENT
    30. 'MPE™ 116' — PURPORTED SUPPLY AND DEMAND
    31. 'MPE™ 117' — MATHEMATICALLY? PERFECTED? ECONOMY? WHY TERMINOLOGY TO WHICH SOME OBJECT?
    32. 'MPE™ 118' — HOW WE READILY COMPUTE FUTURE ACCUMULATION OF DEBT WITH GREAT PRECISION (TO THE NAYSAYERS OF PROJECTION)
15. [ KEY MODEL ]  PARABLE OF PERFECT ECONOMY — HOW USURY COMPELLED THE AMERICAN REVOLUTION
    35. HOW MATHEMATICALLY PERFECTED CURRENCY™ EXTENDS THE INDIVIDUALISM OF THE PARABLE

"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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