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.
Why Pre-MPE™ Austrian School Dogma Can Never Solve Our Issues
"The end of democracy and defeat of the American Revolution will occur when government falls into the hands of the lending institutions and moneyed incorporations."
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, until their children wake homeless on the continent their fathers conquered.
When the freedom they wished for most was the freedom from responsibility, then Athens ceased to be free, and never was free again.
John Kenneth Galbraith
The study of money, above all other fields... is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
PRESIDENT WOODROW WILSON
As Congressman Louis T. McFadden notes in his June 10, 1932 appearance before Congress (excerpted below), the platform of the Democrat Party explicitly promised not to create a central bank. President Wilson thus violated campaign promises to make one of the most destructive mistakes in history — the unassented creation of the private banking monopoly intentionally given the deceptive name, "Federal Reserve."
While the 1912 election was won on this dishonored promise, Wilson was instrumental in passing the so-called Federal Reserve Act on the eve of December 23, 1913, in the Christmas absence of the many legislators who opposed it.
Guilt surely contributed to a stroke and infirmity in his final term. He took shame to his grave:
"I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation therefore, and all our activities, are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."
"When force is the standard, the murderer wins over the pickpocket, and then that society vanishes in a spread of ruins and slaughter. Do you wish to know whether that day is coming?
Watch Money. Money is a barometer of a society's virtue.
When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need permission from men who produce nothing — when you see that money is flowing to those who deal, not in goods, but in favors — when you see men get richer by graft and pull than by work, and your laws don't protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that our society is doomed.
Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Whenever destroyers appear among men, they start by destroying money, for money is men's protection, and the base of a moral existence."
Most of us would normally want or need to know little if anything about the field of Austrian School "Economics," if it were not possible as a consequence of the 2008 presidential campaign that Austrian School thinking could have determined the ensuing era of prospective success.
Not only does the Austrian School itself not even pretend to solve 1) inflation and deflation, 2) manipulation of the cost or value of money or property, or 3) inherent, irreversible multiplication of debt by interest... its adherents instead lean toward giving all these forces free reign. Austrian School "economics" does not necessarily even recognize these processes as problems; and certainly is not a quest to solve them. It behooves us then to achieve some sufficient understanding of Austrian School thought if truly free enterprise and the very survival of the world's commerce is to depend on any validity of Austrian School thinking.
Should the reader desire to rely on reference material, referring to the cited Wikipedia references should at least be sufficient starting points. This article however will cite any references it leans upon, making any further reference unnecessary unless it is desirable to personally confirm the bases of the deductions. Substantially broader references are given in following Austrian School articles.
RELATED PRIMARY ARTICLES
Why Pre-MPE™ Austrian School Dogma Can Never Solve Our Issues
Obviously, if Austrian School thinking does not even recognize the causes of our problems, it is not only impotent to solve them; it may even be opposed to doing so. Potential instances of predisposition against solution are its favor toward unearned gain and interest. Yet perhaps even more adverse to solution is the Austrian School's wholesale rejection of mathematics, either for analysis or solution. The typical Austrian School adherent casually asserts for instance there can be no such thing as mathematically perfected economy™, because (they assert) it is impossible for mathematics to account for indeterminable human behavior. When you apprise them that on the contrary, usury or perfected economy instead comprise the limitations to which human behavior is subject, they want to change the subject.
According to its own descriptive material, Austrian School *thinking* is a branch of heterodox "economics" — which is all branches of thinking falling outside of the ostensibly orthodox thought now imposing usury. A principal reason there is so much disagreement between Austrian, heterodox, and orthodox schools of thinking however, is they are all pseudo sciences. All are totally bereft of formal proof and theorem.
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.
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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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