'MPE™ 112' — NATURE OF MONEY IN MATHEMATICALLY PERFECTED ECONOMY™
Thursday, June 12, 2008
'MPE™ 112' — NATURE OF MONEY IN MATHEMATICALLY PERFECTED ECONOMY™
In mathematically perfected economy™, the individual decides and takes responsibility for the issuance of currency by assuming an interest-free monetary obligation to pay for the related asset at the rate of consumption or depreciation.
As is necessary to ensure the integrity of the monetary system, the republic only enforces the voluntary obligation.
Neither then is the monetary obligation of mathematically perfected economy™ a true debt, because the individual does not pay the state "back" anything. "Payments" literally retire from circulation. The particular circulation no longer exists when it is paid against the monetary obligation.
RELATED PRIMARY ARTICLES
"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)
del.icio.us
FaceBook
NewsVine
reddit
|