The following is a reply I left on a blog ” thereisnodebt ” who is not only advocating MPE, but the administrator of that blog appears to be that impressed with my words in relation to the very title of his blog ( which is the very reason why I wrote what I did ) he made a separate post relaying my reply to his readers , nevertheless I think its worth re-posting here once again on my blog & I thank the admin for his due diligence.
Gday
It is true there is no debt owed to any bank, however this is not to infer there is no debt we have between ourselves for this otherwise unexploited debt is merely an exchange of our labour & production, redeeming money for property, where there are no loans or borrowing.
The key to comprehending true debt is to know what money actually is, what it truly represents & how its truly created. Money is therefore a debt instrument, not a debt itself, simply because the exchange or the act of redeeming money for property & or services is the only true debt, money is therefore a record of entitlement that one may receive on the exchange or trans/action that merely evidences what value we have given up to each other, thereafter upon fulfillment of a debt or trans/action money is most certainly not a debt but a record of earned entitlement that can be spent elsewhere in the course of redeeming another’s production & finally money is created by our promissory obligations we have to each other, which is only a promise to pay an otherwise *unexploited obligation*, with one’s own *labour and production*, for what one consumes of another’s *labour and production*… where again, there are no loans, no borrowing, & only as a result, likewise is there no interest.
It is true there has never been any lending or borrowing since the conception of banking so why would you or I propose anything else but to rectify today’s falsified debt ( falsified debt = theft ) that merely pretends to loan money, into what a debt aught to rightly be?
Most people fail to even comprehend the only real intrinsic value is what money actually represents, evidences & records upon the exchange, promissory obligation ( money creation ) inclusive, that’s in short the value of the labour & production we give up to each other, which is logically a principal debt where there are no loans or borrowing.
However I must stress, ever since the conception of banking, all banks, no exceptions, have falsified this otherwise unexploited debt to themselves by unjust intervention on the exchange, contract / promissory obligation, pretending ,then, to risk or give up value of their own in the exchange, contract / promissory obligation. either in banks publication, purported creation of money, or any purported loan the bank may impose on one of us as a result.
So to conclude what I have written here is to not infer there is no debt because there actually is a debt between ourselves, & to deny this debt is to deny a theft due to the banks unjust intervention or purposed obfuscation of our promissory obligations we have to each other, which in turn allows banks / money changers to steal the true value of what is given up in the otherwise unexploited debt ” X2 ” because of unwarranted interest only as if the bank risked or gave up consideration of value of their own in the exchange, so it would be even incorrect to assume one is not paying interest if they haven’t a falsified debt or purported loan from a bank simply because all the principal & interest all industry & commerce pays to banks is logically passed on to the consumer in the resulting price of goods & services, thus the added cost of interest above the initial cost of principal is the very cause of most if not all price inflation today, artificial in nature, since the very conception of banking, giving one only the illusion rising prices means rising value when the true value of all money & property or the value of our labour & production we give up to each other in any exchange or trans/action is being stolen by banking only to be borrowed back as perpetual re-inflation or irreversible multiplications of artificial debt, federal /state debt, so its physically possible for at least some of us to earn principal & interest out of a circulation consisting of some remaining principal at most to actually service the former sum of artificial debt, until such time, upon terminal cycles of dispossession everyone will be dispossessed of all their property & wealth one by one in the very end, & believe it or not all this is simply done by a bank pretending to loan value it neither risks or gives up in any exchange or in an otherwise unexploited debt.
I hope after reading this some of you might want to read my other blog post ” Refuting , Paul Grignon author of Money as Debt ” where its clear Paul wants preserve the LIE we not only borrow money from ” faux creditors” EG: BANKS , but likewise proposing the same crime of theft or further obfuscation of our promissory obligations ( the banks first crime ) in his purported solution, which is nothing but a plagiarism & distortion of MPE in an attempt to preserve exploitation , or the LIE we borrow money from a purported creditor, apposed to any true creditor who most certainly does not lend money , but rather paid in full for giving up commensurable value resulting from the outset of an obligor’s promissory obligation ( money creation )
The question we all should be asking here in this video folks is what is the reality of the process that allows the central bank to flood money to local bank A & B to Z, or where does the central bank really get their money from & where it actually goes ?
Well well the local banks A to Z uses the alleged borrowers credit worthiness or the only lawful consideration given up by the obligor which is the alleged borrowers promissory note to then borrow money from a central bank who in turn then publishes a secondary issuance , or for a better term, publishes a further representation, which is a purposed misrepresentation of the former contractual obligation , or promissory note, so as to, then, allegedly loan a purposed misinterpretation, or (bank money, credit ) to the alleged borrower.
Interest paid out of circulation on all our private but falsified debt to local banks not only perpetually depletes a general circulation that only ever consists of some remaining principal at most, but the interest the central bank actually charges to the local bank using the obligor’s consideration to publish the bank money is always lower than what the local bank charges on an alleged loan to the alleged borrower or obligor ,thus the difference in interest is the local banks unearned profit or unjust reward for stealing & laundering circulation (principal & interest) into the hands of the central banking system.
Both the central bank & the local banks risk nothing of their own really except the mere cost of publication that would amount to about $2 to publish $200,000 the obligor or alleged borrower actually creates thus the $2 the bank gives up is recovered in a fraction of the alleged borrower’s first payment? , the local banks always use ” our consideration or our promissory note / promissory obligation ” ( not the banks own consideration) to borrow money from a central bank that we the people always create upon conception , before any banking book entry .
No new money ever comes into existence, not until one of us issues a promissory obligation first, thus the bank money or further representation / misrepresentation today did not even exist until an alleged borrowerwalks into a local bank (money laundering office A to Z) & signs a promissory obligation, contrary to the LIE that merely assumes a central bank creates new money NOT even via the Quantitative Easing process .
There are no safe bets even in a share market that consequently takes further unearned profits from the pool of wealth particularly in the terminal cycles of dispossession public & private when the people totally loose their credit worthiness preventing them from issuing further promissory obligations ( money creation ) where our own falsified debt has multiplied into unsustainable but irreversible terminal sums of debt that simply can’t be serviced any further which then in turn prevents the local banks from stealing & laundering circulation servicing their own debts resulting in bailouts , likewise preventing or restricting our criminal government representatives servicing any further national debt by selling bonds as a consequence only attempting to re inflate circulation ( as they always have in the past ) by re-borrowing the principal & interest .( we the people paid out of circulation on our own falsified debts to all local banks A to Z over the years ), borrowing back into circulation, all along multiplying falsified debt into terminal sums of irreversible falsified debt, attempting ,then, to flood STOLEN money ( NOT MONEY PRINTED OR CREATED OUT OF THIN AIR OR NOTHING ), but borrowing it back into circulation therefore, either directly to the local banks as bailouts, or by spending all this dirty money, back into the economy as perpetual re-inflation, on projects a nation doesn’t necessarily need nor can otherwise sustain regardless so long as the little Ole bank down the corner are purposefully obfuscating our very own promissory obligations along with all the other ground floor banks ( no exceptions ) who are all stealing & laundering circulation at a greater rate than any former rate of reflation which is clearly evident by increasing national debt upon further cycles of reflation that’s necessary today to maintain a circulation or pay any prior falsified debt paid stolen out of circulation which always leaves us with an adverse volumetric disposition or a lack of vital circulation to sustain industry & commerce thus only as a consequence failing to sustain any share market / casino .
Unlike bailouts that irreversibly multiplies artificial debt paid to local banks to service their own debt , Quantitative Easing therefore, bypass’s a multiplication of national debt where parcels of mortgage securities or rather parcels of ” alleged borrowers ” promissory obligations that have the only consideration of value ( consideration of commensurable value not given up by any bank) are not only used as collateral value to publish money, but fraudulently on sold by local banks directly to the central banks & associates who actually purchase these mortgage securities / promissory obligations using the already stolen money received over the years ( stolen originally via the banks purposed obfuscation of the peoples promissory obligations & resulting taxes/ revenue scams etc, ) only to then settle or rather offset inter-banking banking debt much like a bailout would only with out multiplying national debt , both of which ” bailouts & ( QE ) ” merely keeps the banks doors open by settling inter-banking debt which in most if not in all cases ends up back into the hands of the central banking system as apposed to being spent or even allegedly loaned back into circulation via the peoples very own personal but private falsified debts, which is purely as a result or a direct consequence where industry & commerce are losing an ever greater volume of credit worthiness or when increasing amounts of people ( people who create principal ) no longer have the ability to first earn ” principal & interest ” out of a circulation that’s only ever comprised of some remaining principal at the very most , however increasing sums of national debt, bailouts, ( QE ), even unnecessary taxes, revenue scams, sales of public infrastructure, sales of land & natural resources is a further imposition not only imposed by banks but by the criminal politicians who work for banks ( not the people ) that’s all necessary today to keep the banking cycles of dispossession going so its physically possible for those who are still credit worthy to actually continue servicing their falsified debts to local banks & likewise as a result its only then temporarily possible to sustain any share market / casino. see banks vs MPE illustrations
The question we have to ask ourselves is how old is the land we were born on likewise how can we then put a depreciating price on land ?
The only way land can fit in with MPEs 1.1.1 ratio equation is if it comes for free or if we so decide to put a price on land it doesn’t appreciate or go up in price as such.
Upon implementation of MPE if we do decide to pay for land we are not being cheated when we sell our land and house, we are being paid for the land we financed in the price of the house to begin with minus our consumption, however a further question we may ask ourselves, do we carry on the prior imposition or banking crime forever that artificially inflated prices due to the unwarranted interest imposed on a falsified debt to begin with ” or ” do we grow up ?
We also all have to consider if we were to deny ourselves land possession it would not be fair for those who have already worked hard for the land they already possess and likewise those who have legitimately paid for land such as farmers who have had their livelihood passed down through generations, including the original sovereign indigenous people who have been the care takers or guardians of the land for generations for hundreds if not thousands of years so land rights are everyone’s sovereign right.
However Land prices today are over inflated simply due to a purposed banking obfuscation of our very own promissory obligations we have to one another , where the imposed interest we all pay on our own falsified debts to the bank artificially inflates all property including the land and housing thus we are always chasing not only the principal we originally paid but the interest also ,which is often in total 2x the principal which multiplies falsified debt into terminal sums of falsified debt where we will be dispossessed of all our property and wealth in the end regardless .
Land *changes*. It is not consumed. It is not rightly claimed to be owned — even if we “paid” someone “for it” — for the original creditor paid nothing and the creator never took a penny or meant to deny us full/free usage.
It is as if I declared today (being “a smart guy” [exploiter]) that I own the air; and I mean to charge all of you for it.
If I later sell that right (short), so what?
Does the person I “sell” it to have the right to charge you for it?
Absolutely not.
So let me own the water; and the space around the earth; and the cosmos; and I am only an exploiter; and whoever “buys” from me is a damn fool.
Until mankind can physically produce a planet in the solar system mankind can not rightfully claim ownership of the land they presently walk upon. Land rights is therefore not about ownership of land, its about rightful possession of land free from exploitation.
Alright. So perhaps we have all been fools. Now, how do we get our affairs back in order?
I paid $30,000 for this ” lot.” And it would cost say (just by chance) about $30,000 to clean the lot up to a pristine state, or to a state prior to subsequent construction. This is what we have to work out.
We’re going to consider the value of the construction on the property, something like what it would cost to build today, less consumption; or alternatively, we are going to allow the present owner to revise the obligation to the original principal — in which or with which they paid for the land. Thus they’re getting paid for what they financed or by their original issuance of a promissory obligation to begin with, which did not create or issue interest into circulation?
If the society elects to do so, the subsequent owner may be required to put up a * deposit *, sufficient to restore the land to a state in which it may be used in a subsequent cycle of construction.
So, they are paying for their *use* of the land; but *not* its “ownership.”
They are providing for it to be returned to a desirable state, or the state in which it was originally found.
Note: This is not leasing or renting land off anyone, simply because any subsequent land holder pays this agreed * deposit * upon the sale, therefore the former land holder keeps the *deposit * they may have paid, unless of course you decide to pollute the land right you hold thus you may well have to forfeit all or some of your deposit upon a subsequent sale price with a respective buyer , who may well have to bare this added cost of neglect to actually clean up the land on top of their own deposit .
Please remember among the many beneficial contributing factors in a mathematically perfected economy™ . There are no banks and consequently MPE™ will refinance all debt where those who are still currently in debt who have unjustly paid unwarranted interest over the years will have all prior payments of interest contributed back toward their principal, which will pay off most of everyone’s private debt.
Moreover the only tax we pay is what we pay to use or consume public infrastructure, likewise as a part of re-inflation upon implementation on top of counting all prior payments of interest back toward principal , according to your age and current savings the appropriate money will be deposited in your account so you can retire comfortably as if you had been living in this new economy all your life . (don’t forget there will be no inflation so your money will always be worth the same as now)
Please listen to the video below.
Mathematically Perfected Economy ( What about land ? )
There are only 2 types of inflation . 1) Circulatory Inflation or hyper inflation : Never happens because the rate of circulatory deflation or should I write a rate of a perpetual theft of circulation by a banks purposed obfuscation of our promissory obligations, always, always, always exceeds the rate of any prior reflation by national debt, clearly evident by perpetually increasing sums of national debt upon further cycles of reflation which is indeed necessary today to service the prior sum of debt.
This DOES NOTMEAN that any sum of interest or any rate of interest is equal or on par with any alleged growth of money supply, its mathematically impossible, simply because *reflation* by national debt perpetually reflates a forever deficient volume of circulation with the principal & interest formerly stolen in all our personal falsified debts, which means although national debt irreversibly multiplies on every cycle of reflation (FEDERAL SPENDING) it never ever increases the remaining volume of money in circulation above or beyond the initial principal we all purport to borrow in our personal falsified debts, so the rate of circulatory deflation due to interest we all pay on our falsified debts is always greater that any prior reflation in national debt, not until such time the principal & interest is re-introduced back into circulation in any subsequent or resulting cycle of reflation that increases national debt even further, only to repeat the cycle again, which can only ever service the prior sum of artificial debt, BUT never ever pay down that subsequent or resulting new sum of artificial debt on each & every cycle of reflation, irreversibly then multiplying artificial debt as a necessity to only ever service the prior sum of debt, concluding once again NO AMOUNT OF NATIONAL DEBT can ever increase the remaining volume of money in circulation above or beyond the initial principal we all purport to borrow in our personal falsified debts, which means we are paying principal + interest out of the * existing or remaining * volume of circulation comprised of principal only, we are NEVER EVER paying principal + interest out of an * increasing * volume of circulation above the sum of principal .
Your not in a wash of money by increasing national debt are you folks, & WHY is this ?, THINK > simply because national debt or a irreversible multiplication of artificial debt perpetually reflates a general circulation over & over that’s also perpetually deflating over & over at a greater rate than any prior rate of reflation due to a never ending continuous ground floor theft of principal + interest by a banks purposed obfuscation of our promissory obligations or upon MONEY CREATION itself ? ,Follow the money & see Banks vs MPE illustrations.
2) Price Inflation: On a whole, is primarily caused by unwarranted interest imposed on all our industry & commerce, where businesses has no choice in most cases to raise their prices to meet their own debt obligations to a bank, therefore price inflation on a whole today is almost entirely artificial in nature, which is passed on to the consumer in the price of goods & services.
” Please note there are exceptions to price inflation in isolated cases if a particular product is in short supply, the price of that product only will rise, as opposed to a product that is abundant in supply that products price will fall ,however these isolated cases are not the cause of all or the majority of price inflation on a whole today & nor will they under a mathematically Perfected Economy™ “
The premise & mere assumption or LIE rather, taught in most if not all economics schools & universities today, assumes without qualification that price inflation is solely caused by circulatory inflation or too much money printed , published or issued within any nations monetary circulation, however what is completely overlooked is not only elementary logic & 2nd grade mathematics, but as a result of this intellectual disability taught in universities & schools ( WHICH IS NOT EVEN ECONOMY BY ITS VERY DEFINITION ) the volumetric impropriety imposed by unwarranted interest on a falsified debt is completely overlooked & totally ignored, which is the very interest we the people all pay out of a general circulation on our very own falsified debts to all the local banks, which indeed perpetually depletes a general circulation that only ever consists of some remaining principal at the very most? ( NO ONE ON THIS PLANET CAN PROVE & DEMONSTRATE HOW ANY SUM OF INTEREST IS * FIRST CREATED * & ISSUED INTO CIRCULATION ? ) ,clearly indicating, then, price inflation most certainly can not be caused by circulatory inflation at all today?, that’s if one has the intellectual capability of using elementary logic, they can clearly see circulatory inflation or even hyperinflation is indeed a mathematical impossibility under any interest based monetary system ? , concluding, then, using * elementary logic a five year old could demonstrate with a bag of marbles * that price inflation can only be caused by a further imposition of unwarranted interest on a blatant theft of principal which is a theft of ” principal & interest ” or often a sum of 2X the principal, that’s in fact, directly imposed on all our industry & commerce today, which is consequently passed on to the consumer in the price of goods & services.
Circulatory Inflation or Hyperinflation doesn’t even exist.
TWO EXAMPLESRELATIVE FROM THE VIDEO ABOVE:
If a volume of circulation is comprised of 100 X $1 notes & each dollar is * DEVALUED* down to 1cent each , you would then have 100 notes worth 1cent each or a devalued sum total of $1 value in circulation.
1) Using Zimbabwe’s alleged hyperinflation for an example after re-denomination, EXCHANGING the 100 X $1 notes devalued sum worth of 100 X 1cent for *1 X $100 note* worth $1 value in circulation ( NO wheelbarrow needed to pay* 1 X $100 note *that’s worth a total devalued sum result of $1 value to buy a loaf of bread with a price tag of $100 )
OR
2) Using Weimar Republic Germany’s alleged hyperinflation for example before re-denomination, keeping the original * 100 x $1 notes * devalued sum worth of 100 X 1cent worth $1 value in circulation . ( USE a wheelbarrow & pay* 100 x $1 notes *worth a total devalued sum result of 100 X 1cent or $1 value to buy a loaf of bread with a price tag of $100 )
Either way here in the above EXAMPLES1 OR 2 the money has * DEVALUED * due to the banks purposed obfuscation of our promissory obligations , as a result banks are stealing & laundering circulation which is often * 2X or 3X above * the represented property value of principal, * perpetually decreasing * the remaining volume of circulation by * charging interest * on all our falsified debts to all local banks ,where the remaining volume of principal in circulation has actually lost its value per represented property value WHY ? Simply because your paying more out of the * existing or remaining * volume of circulation per represented property value , NOT paying more out of an * increasing * volume of circulation per represented property value.
INCREASING INTEREST RATES:
By increasing interest rates attempting to slow alleged borrowing doesn’t actually solve price inflation, rather increased rates of interest may indeed slow growth but it always increases the rate of circulatory deflation or increases the theft of a vital circulation regardless, accelerating then an adverse volumetric disposition of a general circulation that consequently accelerates the multiplication of falsified debt into terminal sums of falsified debt even faster just to re inflate circulation.
DECREASING INTEREST RATES:
Decreasing or lower rates of interest however is a slower rate of adverse volumetric disposition, or a slower rate of theft of circulation, which can temporally stimulate growth, allowing the banks to artificially inflate circulation by periodically increasing alleged loans to an alleged borrowers, which is not the cause of price inflation at all today (mathematically impossible) simply because interest at any rate paid out of a general circulation by an alleged borrower always, always, always, depletes a general circulation that only ever consists of some remaining principal at most, where the rate of circulatory deflation is always, always, always at a greater rate than any former rate of re-inflation by means of national debt, which is clearly evident by increasing sums of national debtupon further cycles of reflation , further cycles of reflation, that’s necessary to keep the banking cycles of dispossession going, so its physically possible for a least some of us who are still credit worthy to actually continue servicing our falsified debts to local banks.
VARYING INTEREST RATES:
How much Interest the alleged borrower pays to a bank, depends on two things really.
1) The percentage rate of interest.
2) How fast or slow the alleged borrower pays their alleged loan off to the bank .
Interest paid to a bank is therefore compound, which multiplies the sum of interest , so in short, the faster you can pay the interest to a bank the less you pay above the principal .
In today’s climate of lower interest rates , I have asked people how much they paid in total to a bank, those who have managed to fulfill an alleged loan from a bank, the answer I get varies, some say 2 X the principal, some say 1.5 X the principal, some even say 1.3 X principal, it all depends how much one earns & how fast or slow one is paying the alleged loan off to the bank & of course lets not forget the rate of interest that’s always subject to change at the whim of thieving banks.
In the 1980s for example, the interest rates were floating around the 14% to 18% mark, so of course people were paying a lot more out of circulation then, around 3X or 4X the principal.
So to put it as simply as I can, the higher the interest rate, the faster money is stolen out of circulation & the lower the interest rate, the theft slows down, either way interest at any rate always shorts the circulation that’s only ever comprised of some remaining principal at most & keeps it short so the banks are always guaranteed someone or one of us will default on an alleged loan regardless.
To therefore keep these cycles of dispossession going, criminal politicians perpetually borrow back & likewise spend not only the interest but the principal also or rather 2X the principal for example , that we the people originally paid out of circulation on all our falsified debts, borrowed back, then, by criminal politicians ( who work for banks not the people ) as irreversible sums of national debt, borrowed back, then, over & over, again & again to perpetually re-inflate circulation as its being perpetually paid out of circulation, which includes further principal created by the alleged borrower upon any NEW alleged loans, which is concurrently paid out of circulation on top of any former sum of artificial debt or any former reflation , paid out again & again, over & over, on all our very own, personal, but falsified debts to all the local banks, only to have it always come back as a multiplication of artificial indebtedness, which is indeed, at the end of the day nothing more than a * monumental theft & one big money laundering racket. * , See >Banks vs MPE illustrations
INTEREST PAID ON INVESTMENTS:
Interest paid back into circulation on our investments or unearned profit / greed may motivate people to invest today however what Interest is paid back into circulation on investments, likewise banking employees wages etc is only a fraction of one percent of what unearned profit is paid / stolen out of circulation to the banks by charged interest on all our very own falsified debt where this volumetric impropriety will never ever negate any sustainability in growth to any economy, not while the rate of circulatory deflation or a monumental theft of vital circulation is perpetually depleting at a greater rate than any rate of prior re-inflation by a multiplication of irreversible debt which is clearly evident by perpetually increasing sums of national debt upon further cycles of re-inflation ,caused by the very interest paid out of circulation, we all pay on our own falsified debts to all the local banks , interest we pay out of a circulation is always always always comprised of only some remaining principal at the very most.
SURPLUS:
A surplus does not mean national or state debt is being paid down as such , ( See HERE&HERE it never has ), Surplus means a nation or state is just * temporarily * servicing or balancing debt, never ever paying this artificial debt down due to perpetual reflation, which indeed comes at a far greater expense to any nation, such as cuts on public services & employment, unwarranted tax’s collected (extortion) on all our industry & commerce & the blatant sell off of land, natural resources & national infrastructure just to pay a thieving bank who risks nothing commensurable of its own , however the chump change left over, only after cuts, extortion / taxes & sell offs of a nations sovereign wealth is the surplus if any, which can only temper or prolong eventual monetary destruction at the very best . Likewise a deficitsimply means a nation or state is not balancing their debt, either way here folks ,surplus or deficit we are still getting a result of an irreversible multiplication of debt, clearly evident by perpetually increasing sums ofnational & state debt, PLEASE THINK YOUR NOT IN A WASH OF MONEY FOLKS?, simply because the rate of circulatory deflation or a theft of circulation by a banks purposed obfuscation of our promissory obligations is always always always at a greater rate than any former rate of re-inflation by national or state debt that’s always perpetually reflating circulation over & over, irreversibly multiplying debt.
PRIVATIZATION .
Privatization of public infrastructure does not create competition to lower prices for the consumer nor does it increase the quality of production in most if not all cases , actually its mathematically impossible so long as industry & commerce are paying an imposition of unwarranted interest on falsified debts which is likewise passed onto the consumer in the price of goods & services, on what are generally inferior made products with built in obsolescence, services likewise are pushed to the limits resulting in less employment & compromise on work place safety, privatization of public infrastructure is merely an excuse for political betrayers’ to not only sell public infrastructure to pay an artificial debt that’s impossible to pay down, but its a further means to push the otherwise national debt on to the private sector attempting to balance political budgets, however this changes nothing at the end of the day, simply because not even the private sector or what’s left of all our industry & commerce can possibly sustain what is a irreversible , but terminal, multiplication of artificial indebtedness .
TAXATION
NO public infrastructure has been built with tax payer money, all infrastructure (including public pensions , unemployment benefits etc) was & still is paid with an irreversible , perpetual , multiplication of artificial debt or national debt, that re-inflates circulation over & over , however unwarranted taxation or extortion merely pays that artificial debt, which is a consequential THEFT paid directly into the banks coffers regardless. Unwarranted taxation or extortion therefore is a further consequence on top of a already GREATER CRIME OF THEFT where all local banks pretend to loan the people a sum of principal that the people actually create & charge the people interest for the privilege of being robbed. Now because the circulation is only ever comprised of some remaining principal at the very most, people are therefore perpetually paying * principal + interest * out of circulation that’s only ever comprised of * principal *, thus as a result criminal politicians ( who work for banks ) perpetually re-borrow that same money back * principal + interest * to perpetually re-inflate circulation over & over, again & again until industry & commerce or what’s left of all industry & commerce can no longer sustain & service the never ending escalating sum of artificial debt, PUBLIC & PRIVATE , at this stage , a terminal stage , is when everyone will be dispossessed of all their property & wealth, including all millionaires & billionaires who are not direct share holders in a central bank.
SOLUTION:
The proof of one & one only Mathematically Perfected Economy™ is a singular integral solution for 3 categoric faults. 1) Inflation & deflation. 2) Systemic manipulation of the cost or value of money & property. 3) Inherent irreversible & therefore terminal manipulation by a irreversible multiplication of falsified indebtedness by unwarranted interest.
The solution is therefore an obligatory schedule of payment retiring principal at the rate of consumption or depreciation of the related property & a complete eradication of interest.
THERE IS NO INFLATION OR DEFLATION IN MPE:
The meaning of ” inflation ” is to increase but its an abnormal or distorted increase, so there is no such thing as inflation & deflation in MPE because there is no distortion or abnormality ,even circulatory in nature, neither a increase or decrease of circulation is abnormal or distorts the availability of the remaining volume of circulation that it was intended to represent in relation to remaining property value & remaining principal debt /obligation which are balanced or always equal at all times (respectively equal to any increase of circulation).
With the total eradication of interest In MPE we have no price inflation on a whole because the interest imposed on all our business & commerce today that’s likewise passed onto the consumer is non existent in MPE .
Circulatory Inflation & deflation therefore just doesn’t happen from the get go in MPE even when an obligor issues a promissory obligation for new represented property that issues new money into circulation simply because this increase of circulation is immediately equal to the remaining principal debt & remaining value of the property that the obligor purchased, so long as the obligor retires principal at the rate of their consumption there is no inflation or deflation.
Deflation is to reduce or a reduction in the availability of circulation, resulting in a deficient circulation, so in MPE we don’t even have deflation or an insufficient volume of circulation simply because we will always have exactly the required amount of money, per representation, available, left in circulation to pay down & retire the remaining principal from circulation in servicing any outstanding obligation , balancing, then, circulation equal to the remaining obligation & equal to the remaining property value .
Circulatory Inflation & Circulatory deflation therefore means there is an adverse volumetric impropriety that exists in the remaining availability or volume of circulation for what it was intended to represent, which is a volume of circulation that’s abnormally above or below its intended representation, therefore the remaining volume of circulation is not balanced or not equal to the remaining property value & not equal to the remaining obligation or principal debt.
THE GREENSPAN DECEPTION
As you can see below Greenspan is really saying a central bank can only print more money or should I write, publish a secondary issuance or further representation, which is the very evidence of the former issuance of our very own promissory obligations ( money creation ), only so long as the people continue issuing promissory obligations first, subject to banking exploitation of course , only allegedly borrowing money, consequently then to have our ” criminal ” government representatives who work for the banks ( not us ) periodically sell treasury bonds at a loss to borrow further sums of artificial debt then spending this money only attempting to re-inflate circulation over, over & over again which is the very same principal we the people originally created & paid out of circulation in the past, on our own falsified debts, paid to all the local banks, along with the interest which is always, always, always comprised of some remaining principal only to have it come back again ( principal & interest ) as further sums of national debt at even further interest, which is the very cause of most unwarranted tax’s ( extortion ) we all pay today?, all along, then, our ” criminal ” government representatives who are in clear breach of trust are multiplying falsified indebtedness into terminal sums of falsified indebtedness, which can only destroy everyone’s credit worthiness, one by one eventually in the very end, where we the people can’t possibly continue servicing further sums of artificial debt to sustain whats left of our industry & commerce ,resulting, then, into the final but already terminal cycles of consolidation we see today around the world & here at home, consequently the guaranteed result, which is a mathematical certainty, will be a complete & utter dispossession of all our property & wealth public & private in the end .
“Remember folks you don’t & you never will get a mathematically perfected economy™ from snake oil salesmen rather you get division, fear, lies & deception every time & when that day comes, under every rock you will find hiding pretenders , usurers, advocates of usury phony “economists”… all the seekers of unearned profit who knew not even how to limit their great crime against us”
MPE™ is for free only it has to be kept in its original form , to do otherwise it would not be a solution. ,MPE™, PFMPE™ etc. are trademarks used with permission from PFMPE. The trademark therefor is simply to stop others from stealing MPE™ in its entirety & selling it to you for personal gain or profit thus falsely claiming to be the original author of MPE™ . All rights therefor are ultimately reserved to mike montagne original author of MPE™ ,which means anyone can use the MPE™ thesis as long as they don’t change or alter it in an anyway & give credit to mike montagne original the author who I might add has no intention to sell MPE™ to any nation, logically something that will free the world comes for free . MPE™ is strictly NON PROFIT .
Mathematically perfected economy™ (MPE™) : 1 : a singular integral solution of the categoric faults of irreversibly escalated global exploitation (terminal pretended economy), in which a) circulatory inflation, deflation and maldisposition, b) systemic manipulation of the cost or value of money or property, and c) inherent, irreversible, and therefore terminal multiplication of falsified indebtedness in proportion to remaining capacity to service a perpetually escalated sum of artificial debt, are solved altogether by no more than: d) dispelling the falsified claims, d.1) that to intervene upon our affairs to merely publish the material evidence of our promissory obligations to each other is to issue credit (whereas the actual creditor gives up property for the promissory obligation); d.2) that this falsified claim of issuing credit represents property of the purported issuer, or falsified debts to mere publishers of evidence of our promissory obligations to each other; and d.3) that the negligible costs of publication justify interest to the falsified creditor (which the obfuscation itself denies to the actual creditor); that upon dispelling these falsifications, e) we may restore the universal right and only actual authority to issue certified, enforced, unexploited promissory obligations through a Common Monetary Foundry™, subject to an indispensable schedule of payment which, according to the nature of the actual obligations, retires principal at the rate of consumption or depreciation of represented property — with all this and only all this together forever sustaining all conceivable intended industry without inconsistency, explicitly because without any injustice, alteration, redundant cost or terminal effect whatever, this pattern and nature of payment alone perpetually and automatically maintain an illimitable and virtually costless circulation which perfectly tokenizes the ever timely state of all property, because the resultant circulation is always equal to, is always committed to, is always fully redeemable in, and therefore is completely and perfectly consistent at all times, and in every momentary case, with a common interest in justly sustaining all desirable industry and commerce, the material volume of which itself is comprised of precisely the remaining value of all represented production, to which the illimitable and costless circulation of mathematically perfected economy™ and mathematically perfected economy™ alone therefore is both forever equal and entirely so disposable (montagne, 1979); 2 : a singular prescription for immediate and costless reversion of the inevitably terminal failure of usury, by necessarily: a) immediately arresting the escalation of injustices which manifests in inevitable failure, first by universally ceasing payment against a perpetually interest-escalated, falsified indebtedness to falsified creditors, falsely claiming that evidence of our promissory obligations to each other is the original property of mere publishers of the evidence, thereupon which this purposed deception is extended to a pretended justification of interest; and thereafter, b) rectifying and transforming the consequences of the former, purposed, and terminal exploitation into mathematically perfected economy™, by necessarily: d) restoring the obfuscated promissory obligations to the actual obligation of each debtor to every eventual, actual creditor, by necessarily: d.1) refinancing the falsified indebtedness without interest and subject to an indispensable schedule of payment which, according to the nature of the actual obligations, retires principal at the rate of consumption or depreciation of the related property, d.2) counting prior payments of interest toward principal; and d.3) observing the indispensable solution of inflation and deflation to restore the accounts of the people to the best possible approximation of a state in which they would have existed had they not been criminally denied their right to just, actual economy — with all this and this alone therefore resolving the falsified extents and terminal consequences of the obfuscated currency, in which the falsified claim to interest obliges unwitting subjects to replenish a vital circulation by perpetually re-borrowing inherently ever greater sums of periodic principal and interest related to an ever greater sum of artificial debt, as ever greater and inevitably terminal sums of falsified debt (which is the present, past, and potential future fundamental cause of inevitable artificial failure under the aforesaid obfuscations: montagne, 1979); 3 : every person’s right to issue or to give up property for legitimate, enforceable promissory contracts, free of extrinsic manipulation, adulteration, or exploitation of the obligation, or the natural opportunity to make good on them; 4 : the inherent right to monetize production without exploitation as itself and itself alone will perpetually and perfectly sustain all possible industry and trade for no more than equal production — which therefore is the only absolute or actual fact of economy.
There is no mystery why pretended economists never teach the few actual principles of monetization to the unwitting victim class:
1. that whoever contracts to fulfill a debt is ultimately the issuer of their promissory obligation, for the obligation is theirs and would never even otherwise exist but for their willful commitment to fulfillment;
2. that the only actual creditors give up the property which is acquired for these obligations, with any risk of the integrity of the resultant currency eliminated only by enforcement of a just and universally enforceable contract (whereas it is mathematically impossible to universally enforce falsified obligations to pay principal and interest out of a circulation which is forever comprised at most of only some remaining principal; nor is interest justified to a pretended creditor who no more than publishes evidence of our promissory obligations to each other, falsely claiming not only a groundless debt to amere publisher of this evidence of a very different obligation [which does not even involve the publisher], but that risk justifies paying interest to this mere publisher, which obfuscates the original obligation into a falsified debt to itself when the actual cost, risk, and represented possession of the mere publisher are no more than the negligible costs of publication);
3. that as the real creditor receives full payment from the outset of every such arrangement, therefore no justifiable claim to interest exists (in fact likewise, these purposed obfuscations of the pretended economies which have been imposed upon the world deny every actual creditor interest):
1. that only principal (and the costs of enforcement, if any) therefore are rightly paid by debtors;
2. that all payment of principal must be retired from circulation, for the fact of fulfillment cancels the obligation from existence;
3. that paid principal therefore is the rightful property of no one (much less is it the property of mere intervening publishers of our promissory obligations to each other, who only claim to issue credit);
4. and finally that principal must be paid at the rate of consumption or depreciation of the related property:
1. for no other rate of payment and no other conditions solve inflation and deflation;
2. no other fact likewise preserves the debtor’s right to pay only for what they consume, as they consume of it;
3. and nothing but these inseparable objects will perpetually sustain redeemability and relative value in a circulation which, even without any need for regulation, by no more than this one justifiable, natural pattern of payment, will perpetually maintain a 1:1:1 relationship between remaining circulation, remaining obligation, and remaining value of *perpetually* represented property (furthermore ensuring that the natural obligations are always enforceable in remaining value);
4. that this alone is economy, because this one natural and factual pattern alone eliminates all extrinsic/redundant cost, that we can perpetually sustain industry in which we acquire other’s production for no more than equal measures of our own;
5. and that all this will be possible only when the unwitting victim class finally rises above the pathological lies of “banking,” which therefore is no more than purposed, terminal exploitation, even as “banking” and its artifact of ever escalated artificial costliness comprise the present terminal lie of economy.
Anyone who takes the side of the lie, or any other imperfect permutation, either by disinterest or vested interest compromises principles which condemn humanity to the course of the lie so long as the lie is given leeway to prevail. We can only consciously partake in the lie’s improprieties, because its entirety is impropriety. Absolutely no one therefore can know it for anything else; and so its advocates are condemned to unqualifiable assertion and evasion, which even as a manner of establishing purported fact, itself always, always, always gives away the conscious promotion of wrong.
As the lie is spun about the deceptions it is, it predicates a course to inevitable failure in which each first generation to live under each finite lifespan of the lie certainly can prosper relatively more at first at least, if only by the seeming grace of a far lower initial toll of falsified debt. Yet how can we but wrongly presume this validates the lie even as this generation’s deserved prosperity is itself so increasingly compromised by acquiescence to the falsifications, that ever moreso it is as much as forced to sell its compromised possession for many unjust prices — so escalating the purposed processes of the lie at criminal expense to its own progeny, that should it survive to see the end of that instance of the lie, the generation of initial artificial indebtedness inevitably can only pretend a false prosperity over its exceeding negation, by passing its own far greater share of fatal artificial debt to its own children, criminally denying them to the extent of no more than their own unattended, falsified negative worth, unless that generation finally instead chooses with its children, to revert the lie and its ever escalated dispossession of all, that finally all generations may instead simply retain their deserved wealth? As the crime can only be preserved by destroying every potential avenue for actual representation, likewise then, pretended representation forever requires every shill whom usury can buy to sell their own people not only to involuntary servitude, but to the destruction of practically every principle the authors of liberty ever held dear.
To consciously partake in the impropriety therefore condemns every perpetrator to deception and evasion, for no real justification can exist to qualify claims to injustice. All this is crime. It is even self destructive crime. But it is crime and crime alone — and a crime which inherently to persist, must destroy the most vital instruments of every free nation.
Partakers in the lie regularly presume a separate right to undeserved reward above a person’s actual contribution to the pool of wealth. This mere presumed right however can only come at the expense of the universal right to just reward, because by siphoning from a pool of wealth equal only to production, it denies every producer just reward equivalent to their production. Pandering to an audience they consciously deny justice therefore, and rationalizing participation to themselves, participants in the lie conspicuously (regularly, and therefore consciously) avoid all comprehensive discussion of the nature and ramifications of monetization as if the whole lie were already justified by truths we most particularly will never hear from them, because every extension of actual fact (versus mere purported fact) exposes not only their betrayal, their price, and the whole, vast injustice of the lie, but its irreversible escalation of inevitably terminal dispossession. So intentionally unjust in fact is the whole lie, and so inherently criminal therefore is the betrayal, that every purported economy subject to its falsified claims to interest inevitably terminates itself under fatal sums of artificial debt. Pretended economy therefore cannot be saved from itself because the lie is inherently terminal. Actual economy on the other hand suffers none of the lie’s inevitable destruction, explicitly because its singular justice is perpetual.
Under absolute economy, as we would in nature, we would produce no more than a house to own a house. To do so, we might issue a promissory obligation to an actual creditor who gives up the house for our promissory obligation; in which case, the creditor is paid in full in spendable currency from the outset, and the integrity of the currency will be sustained so long as we fulfill our obligation to pay and to retire the fulfilled principal from circulation at the rate of consumption or depreciation of the related property. As we have said, the lie of terminal, pretended economy in fact denies the actual creditor interest, while actual economy dissolves any actual risk to every real creditor. What intelligent, truly self determined people then could knowingly be scammed by the unwarranted intervention of an extrinsic party, claiming without a single factual supporting principle that we cannot issue our promissory obligations to each other on our paper, and that for issuing our promissory obligations to each other on their paper, not only should all of us owe them four houses for every house we ever occupy (which we produce); we should be forced to re-borrow all the interest and principal we pay out of circulation in the process of servicing falsified obligations which ever more vastly exceed the entire circulation, until ultimately we are completely dispossessed when we have inevitably accumulated a terminal sum of falsified debt?
In apprehending the natural commitments of the promissory obligations which comprise their currency then, the unwitting victim class would first discover that their own indifference to principle has first allowed a mere pretended creditor (generally a purported “central banking system”) to launder all the principal of eternity into its unjustifiable possession, as if our promissory obligations *to each other* were debts to a mere publisher *of the evidence* of our obligations *to each other*. No then, we do not simply “borrow money” from “a bank”; on the contrary, we only think ever so wrongly that we can only acquire our own promissory obligations to each other from “a bank,” which in fact only obfuscates our promissory obligations to each other into falsified debts to itself for purposes which obviously were never designed to serve universal rights and interests. Thus for every house the unwitting victim class might build, and without a single possible justifying principle, the unwitting victim class will falsely owe and give up at least a house (in just principal) to an ever unassented imposter who merely publishes the evidence of their obligations to each other; and just economy will be impossible for this first error alone, because it will be mathematically impossible to solve inflation, deflation, or systemic manipulation of the cost or value of money or property as a circulation of the evidence of *our* promissory obligations *to each other* would rightly be coupled to each and every deserving subject.
A further reason that even the least suggestion of a very different actual economy can never whisper truth to the unwitting victim class then, is that even as this unwarranted publisher risks no more than the negligible costs of publication, thus if a further, even more damaging crime is to persist (of subjecting these falsified artificial debts to an invalid claim to interest), it is necessary that the unwitting victims accept a stupefying deception — that they can only “borrow” (rent) *their own* contracts to pay *each other* from “a bank.”
The further lie that risked (and deserved) possession justifies interest therefore is even far more preposterous dupery, for without the least veritable proof from its pathological perpetrators, or the least of their own proper diligence, the unwitting victim class simply swallows a hideous distortion of purported risk, when the only possession was the mere costs of publication, and while the negligible costs of publication are routinely re-acquired by the false creditor in just *a tiny fraction* of the very *first* payment against each falsified debt. It might for instance cost no more than “ten dollars” to issue “one-hundred-thousand dollars” of *evidence* of *our* obligations *to each other* into circulation; and this “ten dollars” would typically be re-acquired, with no further “risk” whatsoever, in just *one percent* of the *first* payment against the falsified debt — against a falsified debt which does not even exist to the falsified creditor, and with this *first* payment therefore *already* *profiting* the pretended creditor over the actual cost or risk, and over its negligible possession, no less than one hundred times over! To even presume purported interest is justified in the case of a “hundred-thousand dollar” home for example, is as much as to blindly accept without a single veritable principle, and obviously without ever doing the elementary math (correctly), that certain people distinguished only by the remarkably inconsistent fact they neither produce anything nor contribute anything we cannot provide ourselves at virtually no cost and entirely without damaging consequence, somehow have some ever disproven ability to rightly wield some ever unjustified and ever more destructive authority over the rest of us, for no more than “ten dollars,” to collect four homes for every home *all of us* ever so much as produce, that we may occupy our own houses.
Thus in their ignorance of preposterous obfuscations serving nothing but their own ever escalated dispossession, the unwitting victim class is perpetually dispossessed to an ever further and inevitably terminal extent, as they are forced to maintain a vital circulation by perpetually re-borrowing the principal and interest they pay out of the general circulation in servicing the falsified debts, which, by ever greater sums of periodic interest on an ever greater sum of artificial debt, perpetually increases the sum of falsified debt until they suffer complete dispossession at an inevitable failure of what is no more than a terminal system of exploitation. Whatever principal is necessarily re-borrowed to maintain a vital circulation, to that extent makes it mathematically impossible to pay down the sum of falsified debt, as new artificial debt perpetually sustains the previous sum of falsified debt. On the other hand, whatever interest is necessarily re-borrowed to maintain a vital circulation perpetually increases the sum of falsified debt by so much as ever greater sums of periodic interest on an ever greater sum of falsified debt, until the priority of servicing a terminal sum of falsified debt makes it impossible to sustain either the circulation or the industry which remains obliged to do so; further credit-worthiness is inherently destroyed; it is impossible even to maintain a vital circulation if we abide by the corrupt, systemic means to do so — the fact of which unfolds in the present dependence on artificial sustention (purported rescue, inevitably at the cost of further falsified debt, above an already terminal sum of falsified debt) — with these self defeating means of purported rescue only becoming indispensable at the onset of complete systemic failure. And so the system of irreversibly escalated exploitation reaches its maximum practical lifespan; whereafter, against the very falsified rules it claims for itself, because this abomination can only suck a surviving host into yet another desolation, the unwitting victim class is eventually once again, simply allowed despite its inherently destroyed credit worthiness, to begin anew under an ancient ruse which can only repeat the fatal pattern of their complete dispossession, because the ruse can only multiply artificial indebtedness *in proportion* to remaining capacity to pay.
All the regulation in the world which preserves the contemporary lies of pretended economy therefore can only temper this inevitably terminal process, because the falsified claim to interest is the whole purpose and fabric of the purported banking system. Thus the only possible goal of pretending the lie can be rescued from itself is to preserve the crime — and indeed therefore, no mystery whatever exists why all the subversion which is indispensable to this stupendous crime avoids every opportunity to prove it serves us.
The lie that fatal multiplication of artificial costliness is economy can never be proven or justified even to the most unwitting victims (however wrongly they might believe otherwise), because neither its wonting justice or economy can actually be proven to anyone. And so, as much as the ruse could only have caused a first Great Depression, indeed it can only repeat the fatal pattern because it is the fundamental cause of inevitable failure. Thus, however its perpetrators pretend they might rescue this perpetual multiplication of artificial indebtedness from itself, the ruse persists in terminal failure after terminal failure until the unwitting victim class finally rises above the pathological lie that usury is economy, rather than perpetually crying out in terminal stupidity, “Who would ever loan (rent) us *our own* promissory obligations *to each other*, if *our**very own* promissory obligations *to each other* were not subject to ‘interest’ upon a falsified debt to someone entirely else?”
In the predetermined contest before us then, a little but sufficiently wiser people inevitably prevail for no more than resurrecting the few different, actual principles which can sustain their common interests. They rise from the unwitting victim class then, only by finding the absolute answers to simple, conclusive questions: Is there more than one solution to inflation and deflation? Absolutely not, for only an obligatory rate of payment of the principal as the property is consumed retires so much circulation as maintains a circulation which is forever equal to remaining value. Is there more than one integral solution to inherent, irreversible, and therefore terminal multiplication of falsified indebtedness by falsified and entirely redundant claims to interest? Absolutely not. Likewise, systemic manipulation of the cost or value of money or property is only solved by the integral combination of these mere two elementary solutions, which eradicate the only powers to corrupt volume, disposition, and/or relative value of a circulation by no more than dispelling the falsified claim to interest (which is the fundamental cause of inevitable failure) and retiring principal according to the obligatory rate of payment.
This and this alone then is actual economy. But our future and our potential determination to shape it hinge still on one simple, practically rhetorical question: What actual representative of the people then would even consider denying them their right to pay $1,000 per year or $83 per month for a $100,000 home with a hundred year lifespan — daring even perpetually still to call the people’s *purposed* terminal exploitation, “economy?”
The only difficulty in answering that question is fathoming that such a preposterous collection of lies could never see its first day, but that a religious dedication to haplessness simply submits to an ever unjustifiable proposition that a victim class must rent their very own contracts to fulfill their obligations to each other from a mere pretended creditor, subject to entirely falsified terms of perpetually escalated dispossession which are even terminal to the ever unwitting victims’ industry and prosperity. There is no other solution but mathematically perfected economy™; and what should offend the wiser most therefore is not just which culls continue to pave the way for the lie even as each preposterous permutation is only paraded as yet another undemonstrated solution… because there is only one solution, and because they who deny it to us confess at least by their ever orchestrated evasion that they knowingly stand so wrongly for another thing. No, the real shame of the conundrum emerges from the deeper question not just of who, but why — for what price? For regardless of their impossible delusions of sustainability, separate betterment, or purported justice, only by their price can we understand how everyone who is not fighting for the singular facts of mathematically perfected economy™ and absolute consensual representation is the road to our destruction.
In the end nonetheless, two alternatives determine our lot: Do we stand for just reward, perpetually sustained for all? Or do we only think we can stand for unjust reward, at the inevitably terminal dispossession of practically all — which in fact is to stand for nothing?
What then decides the fate of humanity?
Yielding to their own mindless proposition that reparation must be negotiated with perpetrators whose very purpose is to deny us representation, the hapless abandon our potential, saying never in a million years… that for their own inaction and desertion of principle they can pretend the equally hideous observation that what we need to do will never happen.
Nothing of the like ever “happens”… but by waking to the plain, simple and eternal fact we only damn ourselves by indifference. Our task is simple; we are by far the prevailing number; we are right; we are even absolutely and undefiably right; and no person in their right mind therefore can believe, defend, or side even with their own servitude to the perpetrators, who themselves dare not even attempt to defend their crime openly and conclusively before purported representative process.
However we abuse them, ideals, like real principles, never die. Hope and the very aptitude which can distinguish humanity therefore are eternal, because across our own mortal part of forever, at any given day,one of us will desire rectitude. Thus so long as eventually just one of us will be sufficiently compelled to do what is only right, all oppression, every case of it, is ultimately and one day even permanently repulsed, at least when inevitably there is no alternative but that the dared and proper object of the one is finally taken up by an ascendant union.
The progress of humanity is inevitable then, because even at its worst, it finally fruits from no more than the self condemned deaf, the self condemned dumb, the self condemned blind, and even the once wicked, finally hearing, finally seeing, and finally of necessity and its sheer inevitable fact, recognizing and even routinely speaking proof of the only way. Why then ever resist actual refinement; and thus what noble, truly self determined person ever delays veritable solution for a single moment?
Mathematics can determine people’s behavior if one uses * LOGIC * in extending any mathematical equation . Proof of this is MPEs elementary 1.1.1 * equal ratio * formula where all remaining circulation ( C ) is equal respectively to the remaining property value ( RV ) & likewise equal to remaining debt /obligation ( RO ) .
How this 2nd grade math ratio insulates ( a volume of circulation) against any ones outside adverse behavior is quite simple if we are capable of using * LOGIC * really, because all promissory obligations are paid down & retired at the rate of consumption of the related property ( CRP ) where any remaining circulation is *fully redeemable* in remaining property value, in other words one cant issue a promissory obligation that represents nothing in MPE™. ( See MPE for dummies )
There is NO FREE LUNCH in MPE™ we pay just so much ( principal only ) for what we consume so in the unlikely case someone defaults or dies for example before they fulfill an obligation, that remaining property value in question is * fully redeemable * so someone else can buy the remaining value of that property, & likewise pay down the remaining property value at the rate of their consumption, so the remaining money still circulating that represents the property in question can be rightfully retired ( not stolen by a mere publisher who pretends to loan us money ) .
Anyone who merely assumes without proof or qualification mathematics’ or numbers are to be ignored without using * LOGIC * in any economy because they ignorantly think math can’t determine people’s behavior is illogical, preposterous & quite absurd to say the least, because the proof is MPEs 1.1.1 ratio that keeps the remaining * volume / numbers * of money ( principal only ) in circulation ( C ) always equal to the remaining property value ( RV ) & always equal to the remaining debt / obligation ( RO ) , thus defeating, solving , eradicating inflation , evasion therefor of the numbers or what is simple mathematical proof of fact is to admit one hasn’t the * LOGIC * neither the * INTELLECT * of a 2nd grade math student really .
Money is not created by a bank, its created by one of us when we sign & issue a promissory obligation or promissory note when we allegedly borrow money from a commercial bank before any banking book entry , all money is a further representation of our labour & production we have to each other or a representation of our blood sweat & tears, hardly a fiction , nothing or thin air don’t you think?
If I can prove with logic alone only the principal is created by one of us by signing & issuing a promissory obligation / note * before any banking book entry * when we ” allegedly ” borrow principal from a local bank , how can fractional multiplication thereafter ” allegedly ” multiply principal when either way here from the outset of the promissory obligation principal is only ever issued into circulation for what it is intended to represent , EG : A house for example , upon a sale or purchase of property?
Money always was & always has been a representation of our labour & production or our blood sweat & tears we give up to each other, only people illogically cant or refuse to see how the bank steals what money represents.
” Money is record of exchange & the very evidence of an exchange of our labour & production , take away , or even purposely misrepresent the record of exchange as banks do to the latter today you then open the door for exploitation or theft. To the former anyone who advocates a moneyless system of exchange or a total eradication of money is therefore irrationally assuming mankind is already perfect & honest in every respect with each other by ignorantly believing a record of exchange is not even necessary or on the other hand they maybe indeed suggesting to open up the door for further theft & exploitation by a total removal of any record of exchange all together only to irrationally solve a purposed exploitation of all money & property before mankind has or ever will reach that distant dream of perfection & all honesty“
Now to actually say or infer money is a fiction made from thin air or nothing is to likewise say your blood sweat and tears you give up & receive from one another is also thin air or nothing, which amounts to sticking a needle in your eye & then saying the needle is a fiction made of thin air or nothing?, indeed this line of incoherence or lack of intellect is a failure of rudimentary logic ?
” The term * Money created from thin air or nothing * or something similar, repeated today is one of many terms used on purpose by bankers , politicians & media alike to keep everyone in check, in what is a state of permanent delusion, confusion, or for a better term * indoctrinated * with LIES , consequently then the lies are repeated over & over propagated further on mass only to be on sold as so called truth again by a plethora of 11th hour pretenders & charlatans who people clearly still follow in blind faith without even question sadly, as a result man & woman alike who appear to be their own worst enemy may never ever see the banks slight of hand that steals from us all today until its too late & we are dispossessed of all our property & wealth “
By the definition of a ponzi scheme one has to willfully invest * their own money * in a ponzi scheme , having said that we create all new money on its very conception so its not the banks to invest, ITS NOT THEIR MONEY TO INVEST ? , neither does the alleged borrower know they are investing in any ponzi scheme when they apply for an alleged loan .
Money is not created as a debt because we create it to pay a debt , today’s money or secondary issuance ( further representation ) is the very evidence of one of our promissory obligations, only to have it stolen from the get go , its a theft today nothing more, & most certainly not a debt , where the bank steals the sum of principal via the purposed obfuscation of our promissory obligations before any book entry, & thereafter as a result the bank steals a further sum of principal again by charging interest on what is a *falsified debt * which is not even a debt at all really? , going by the very definition of the word debt its a * falsified debt * today which equates to a * MONUMENTAL THEFT * & * MONEY LAUNDERING RACKET * nothing more?
However its true money itself is a debt instrument used as a record of exchange to pay a debt, the debt is the transaction or redeeming money for property & or services in the exchange of our labour & production which can also represent entitlement . Its preposterous to even conceive money can be debt free because its used to pay a debt in most if not all transactions today, logically even barter itself or the act of exchanging property or goods ( which otherwise money represents ) is the very act of fulfilling a debt or an obligation.
Even under today’s purposed obfuscation when one transfers property / collateral to an ” alleged creditor ” or bank, one can even discharge a falsified debt on already received property without one penny paid to the bank ?
Most people fail (including purported exerts with PHDs who are often trained to justify exploitation or its resulting theft using what are unqualified assumptions & out right lies) to even comprehend the only real intrinsic value is what money actually represents, evidences & records upon the exchange, promissory obligation inclusive, which is in short the value of the labour & production we give up to each other, which is logically a principal debt where there are no loans or borrowing .
However, ever since the conception of banking, all banks, no exceptions, have falsified this otherwise unexploited debt to themselves by unjust intervention on the exchange , contract / promissory obligation , pretending then to risk or give up value of their own in the exchange, contract / promissory obligation, either in banks purported creation or publication of money, or any purported loan the bank may impose on one of us as a result.
Although any banking credit is a purposed misrepresentation of true credit, which is not the money itself the bank pretends to loan , rather true credit is the property value given up in any exchange , or the intended representation or collateral, where if you foreclose on a mortgage for example a bank pretends to be the true creditor repossessing property or the house they clearly didn’t even possess in the first place , nor does the bank risk the equivalent value of that house when they allegedly create or allegedly loan money to purchase that house, only the alleged borrower does who actually creates & gives value to the money, actually its both the true creditor & the obligor, however its the obligor’s signature that actually creates the money promising their future production, then through the banks purposed obfuscation the bank steals the obligor’s production X2 , essentially stealing the value of not only 1 home , but 2 homes because of interest only to launder this money out of circulation & loan it back into circulation again as perpetual re-inflation , irreversible multiplications of artificial debt or federal debt that’s mathematically impossible to pay down of course.
Simply putting it folks if there is no exchange there is no debt,, PERIOD.
Muslim banks still obfuscate our promissory obligations or contracts with each other & then charge unearned profit , call it what you want riba , rent , interest whatever. There are basically 2 ways the Islamic bank makes a profit Mushaarakah (Profit Sharing): This is an arrangement where a depositor invests their money, & the bank seeks out projects to invests in. The unearned profits are shared between the depositor & the bank, however the process which purportedly invests the investors money can be by Ijaarah Muntahiya bittamleek (rental with eventual ownership): where the bank obfuscates the alleged borrowers or renters contract much like the western banks do today when they obfuscate our promissory obligations we have to each other ( money creation ) , the Islamic bank then uses the money the alleged borrower or renter creates to buy the property giving up no consideration of their own commensurable to the falsified debt they impose on the borrower or renter which is every banks * first crime * ( no exceptions ) only then pretending to loan the principal only as if it was theirs or the investors to loan out in the beginning , in the case of Islamic banks they are claiming they are renting the property much like a hire purchase agreement . Over time, the purported borrower or renter pays the bank more than the original purchase price or more than the principal that purchased the property which is riba , or interest, usury basically. Sadly many Muslims confuse earned profit with unearned profit & they are greatly mistaken wrongly thinking the profit the Islamic bank makes on investments is legitimately earned profit rather than unearned profit , riba or usury .
Logic also tells us if we look at the sum total of all the accounts in the red in any nation that are servicing a debt compared to all the accounts in the green purportedly investing depositors money we see a rather a big discrepancy? , simply putting it folks if the total sum of debt is bigger than the total sum of deposits it proves with logic alone the Islamic banks ( likewise western banks ) can’t be investing all depositors money rather the banks ( no exceptions ) are stealing principal on conception charging unearned profit that depletes a general circulation that only ever consists of some remaining principal at most where the Islamic banks are renting property to an alleged borrower with eventual ownership which is a purposed obfuscation money creation itself & a theft of vital circulation regardless.
Further evidence that suggests Islamic banking are taking or stealing unearned profit from a pool of wealth is price inflation which is caused by an adverse volumetric disposition by unwarranted interest. There is no such thing as a 100% interest free Muslim bank because if there was they could not exist period.
Its not just offshore banks or big banks its every bank on the face of this planet particularly the local banks that interface with the people who are the very hand that steals from us in every case & charge us interest for the privilege of being robbed , central banks however do play a role also by merely publishing the evidence of our promissory obligations claiming to be the true creditor thus receiving stolen circulation from the local banks who steal from us, both banks central & commercial give up no consideration upon one of our promissory obligations.
Both public or private banks give up no consideration of their own commensurable to any debt so a public central bank will still launder the principal & interest into their possession via all the local banks . A government Just creating interest free money via a public central bank spending unaccountable sums of money into circulation has to also likewise retire unaccountable sums of money out of circulation by taxation to prevent circulatory inflation which will in effect be imposing volumetric improprieties or unaccountable out of control inflation & deflation regardless , so not only we will see unjust but unaccountable taxation imposed on any individual who may not necessarily benefit from what is spent or built but what is spent on infrastructure etc may not necessarily be needed just so as to re-inflate a vital circulation giving us then a gargantuan government out of control spending money like there is no tomorrow, possibly giving sweet heart deals to corporations just to build unnecessary infrastructure so all the local banks can continue stealing & laundering circulation ( principal & interest ) on the ground floor who are giving up no consideration of their own falsifying a debt to themselves in any alleged loan to one of us just like we have today.
Something very important to note here folks if we are to ever see a full reserve bank public or private this can only mean we have given up our right & ability to issue a promissory obligation altogether thus loosing our true representation of wealth to each other for good , if we did comply with a full reserve bank public or private we would be handing our right & ability to create money over to a bank on a silver platter .
No banking regulation including Glass-Steagall has ever addressed the banks purposed obfuscation of our promissory obligations to each other nor will any banking regulation do so because if it did address the obfuscation of our promissory obligations it would be a complete eradication of banking altogether simply because banks could not exist if they did not charge interest which is the inherent fault which in turn always, always, always multiplies falsified debt into terminal sums of falsified debt where its mathematically impossible to pay down, likewise ” debt forgiveness ” only resets the clock of theft so the banks can then continue further cycles of dispossession of whats left of all our property & wealth which can only then at best prolong or temper ultimate monetary destruction.
Therefore anyone advocating any banking regulation not addressing the purposed obfuscation & terminal exploitation of our very own promissory obligations we have to each other is therefore advocating the terminal exploitation by a preservation of the very banks who rob us all today.
Competing currencies such as a ” time based ” currency like “ LETS “, ” mountain currency ” even ” the lawful bank ” which are all subject to no interest including purported money-less solutions like ” ubuntu ” or ” zeitgeist ” even the ” secret of OZ ” still cant prove nor demonstrate to us we would be giving up an equal representation of wealth to one anothersimply because the Mathematics evidencesa fact our perpetual motion or our labour & production in any given time is always different to another in that same space of given time , in the case of these purported money-less solutions it would be completely removing the evidence of our very own promissory obligations we have to each other thus totally removing what can be a true equal representation of wealth we give up to each other consequently denying us all the very protection & evidence money can also serve & likewise prove to us all if its actually free of banking exploitation (THINK), moreover not only will these time based solutions deny individuals of just reward or entitlement by dictating capped set hourly rates totally disregarding ones own differentiating production rate to another particularly those having the same skill set, they clearly obfuscate our very own promissory obligations ( money creation ) we have to each other by falsely claiming there is a loan from a publisher ( just like all banks do today ) which they can neither account, prove nor demonstrate a volumetric representation of money needed in circulation can be equal respectively to the property value given up or redeemed in any exchange & likewise equal to remaining debt so as to actually defeat inflation or eradicate adverse volumetric dispositions , however any community small or large using these competing currencies will not only have a currency subject to unaccountable inflation they will most certainly have an adverse volumetric disposition by the very act of exchanging money or property subject to another competing currency which is actually subject to the second crime of interest .
Those who make preposterous claims they have the same idea or on the same side of MPE™ by merely advocating these other interest free monetary solutions such as ” LETS “, ” mountain currency“, “lawful bank“, “money as debt“, “secret of OZ“, “Islamic banks” even these purported money-less solutions such as “ubuntu” or “zeitgeist” are really confusing & dividing us further with unqualified assumptions who are really adversaries pointing you away from the one & only proof of solution ( MPE™ ) that not only disproves all other solutions ( no exceptions ) with logic & elementary 2nd grade mathematics it proves all other alleged solutions including these other interest free solutions also advocate the * cancer * & then incorporate this * cancer * in their alleged solution which is the banks * first crime * imposed on all of us today by a * purposed obfuscation * of money creation itself on one of our very own promissory obligations that we actually have to each other ( not that we have to any thieving publisher or secondary issuer of money who intervenes on our business & commerce by fraud, misrepresenting our contracts, risking nothing giving up no consideration of their own commensurable to an imposed but falsified debt, only then pretending to loan us money that we the people actually create & issue on conception before any book entry? )
Robin Hood tax or Tobin tax purports to eradicate national debt & fund government infrastructure by removing all taxes & in its place a one stop tax is imposed upon all debit transactions, which is indeed taxing, or taking a cut of what the banks already steal & likewise launder from bank to bank all over the world. To suggest taxing 1% of the total sum of whats paid out of circulation or stolen in debit transactions on all our own personal but falsified debts to banks, merely then attempting to reflate circulation again using only 1% of the theft is not only stupid as stupid gets but its evading the banks theft to begin with , where a representative government would not only be committing a monumental crime of accessory to theft, but actually partaking directly in the crime attempting to re-inflate a circulation that’s perpetually deflating using what is a mere cut of a theft or ( 1% of a theft which is clearly insufficient to re-inflate 100% circulation that’s still perpetually depleting at a greater rate than any former sum of debt ,therefore its mathematically impossible to tax 1% without first re-borrowing 100% of the circulation , which is essentially re-borrowing the sum of principal & interest again & again so its physically possible to tax 1% of principal & interest again & again thereafter of what money that’s in process of being stolen while its moved / laundered around from bank to bank ), which is a similar crime all representative governments are committing across the world today only they’re re-borrowing 100% to perpetually re-inflate circulation that is likewise insufficient to re-inflate circulation simply because interest paid out of circulation perpetually depletes a general circulation that’s only ever comprised of some remaining principal at the very most, in what can only be a clear breach of trust & political betrayal multiplying our falsified debt into terminal sums of falsified debt merely attempting to re-inflate circulation as irreversible but terminal sums of artificial debt or national debt.
Now attempting to re-inflate circulation with only 1% of 100% of a theft will not only crash the economy overnight but to suggest such a preposterous solution as a robin hood tax or tobin tax is failing the 2nd grade maths beyond all rational & intellectual reasoning, in fact its nothing short of economic suicide.
BITCOIN suggests to seek their wiki FAQ page for more information about bitcoin where it defines “ stabilize ” to “ sticky economics” which is based on what is a broad range of mere unqualified assumptions & LIES, which couldn’t be any further away from being stable, so in other words bitCON has no means to solve inflation & deflation & nor will it , to actually claim BitCONS have value as bitcoin suggests because they are useful & because they are scarce is not only admitting BitCON has unaccountable representation but likewise has a volumetric impropriety to begin with as any gold standard would or had in the past, * useful * does not qualify immutable representation nor does * scarcity * qualify stable whatsoever , scarcity of money today by imposed interest on a falsified debt is the very reason why we have a irreversible multiplication of artificial debt, be assured, as soon as bitcoin starts lending, ( SEEHERE WHERE BITCON HAS BEEN GIVEN THE GO AHEAD TO OPERATE AS A BANK ) they have just stepped into the bankers shoes of terminal exploitation, actually they already have one shoe on because they are complying with banking regulation which is the very reason why there is an exchange of bank money to acquire Bitcoins in the first place, thus any bitcoin value is not only wholly artificial but is logically a further misrepresentation derived from a former misrepresentation originating from the banks purposed obfuscation of our promissory obligations we have to each other.
( Contrary to those advocating bitcoin merely assuming it has no connection to banking whatsoever , the connection is not only to initially purchase bitcoin with bank money, SEE HERE & HERE . but bitcoin has to likewise conform with the current banking regulation , SEE HERE )
The idea of microeconomics or competing currencies within a nation fails at its core concept by not addressing the nation’s volume of circulation on a macro level first & the very act of exchanging money & property to another currency subject to artificial manipulation such as today’s bank money opens up the door for one currency adversely affecting another that may not otherwise have an adverse volumetric disposition. Micro currencies competing within any nation is an epic fail of rudimentary logic & is stupid as stupid gets simply because it fails to address how one currency & its represented property effects the volume of another currency & its represented property upon any exchange?. Now if the creators of bitCON think they have already addressed inflation or deflation using references from today’s LIE of economy “ sticky economics ”, more the fools who put trust these charlatans, ignorantly thinking bitCON is a economic or monetary solution.
One peoples public trust (OPPTsee page 2 ) assumes without any proof or qualification that Ten Billion Dollars ($10,000,000,000) USD is held in trust for each individual on this planet?. Indeed MPE proves this sum of money doesn’t even exist , mathematically impossible for ten billion dollars per person to exist on this planet . unless every person on this planet or the equivalent of 7 billion people allegedly borrowed 10 billion dollars each from a bank?.
Now if we look at the projected worth of total financial assets in 2020 it would be nearly double the value of around USD 198 trillion witnessed last year, lets do some math that these intellectually disabled individuals from ( OPPT ) evade.
7 billion people x 10 billion dollars = 70 quintillion dollars , I ask the question does 198 trillion equal 70 quintillion? Of course not , not even in 2020 at a projected world assets worth of 396 trillion would be equal 70 quintillion dollars, even if you wanted to add the total value of all gold ever mined, that value would not exceed US$9.2 trillion , see why a gold standard cant work HERE.
These charlatans from OPPT FAILS to see not only we the people are the true debtors because we the people are the only ones who give up commensurable consideration of value, Indeed OPPT appears to besuggesting a foreclosure imposed upon the people who are not only the true debtors but likewise the true creditors?, ( foreclosing on a thief as they suggest is an obfuscation of the facts ), they likewise fail to see a multiplication of artificial debt or national debt is merely perpetually reflating circulation over & over with the same money we the people create when we allegedly borrow money from a local bank & likewise perpetually pay out of circulation over & over only to have it come back again again & again as reflation or national debt , the sum of artificial debt today is always always always greater than the sum principal ever created, simply because the sum of interest is never ever created or issued into circulation above the sum of principal for its intended representation & this is the very reason why this artificial debt today is mathematically impossible to pay down without borrowing further sums of artificial debt to pay the former sum of artificial debt, resulting therefore in a downward spiral of irreversible but TERMINAL multiplication of artificial indebtedness, caused by the unwarranted interest WE the people pay on all our falsified debts to the local banks.
Take note of the signatures HERE from OPPT official web page & the final report from the OPPT investigation HERE.
Quote page 2, from the final report from the OPPT investigation. ” THE ONLY SOLUTION TO THE THREATS , AND TO MIGRATE LIABILITIES GLOBALLY IS TO CHANGE THE UNITED STATES BANKING SYSTEM TO THE TRIED & TRUE PUBLIC MONEY . FOR PRIVATE USE BANKING SYSTEM. USING STATE CENTRAL BANKS AND NATIONAL CENTRAL BANKING “ end quote
Let’s be clear now, both public & private banks give up no consideration of their own commensurable or equal to any debt, so a public central bank will still launder the principal & interest into their possession via all the local banks , likewise to even suggest there is such an option as honest banking or transparent banking is illogical, irrational & ludicrous to say the least because banking could not even exist if it was honest or transparent, the imposition of banking or loan associations, is a monumental crime against humanity & the day banks ever become transparent is the day MPE is implemented were there are NO BANKS , NO BORROWING , NO LOANING money to the true debtors who create money to likewise pay a true creditor who actually gives up property , both of which are the only ones who give up LAWFUL consideration of value to each other that’s commensurable or equivalent to any * principal debt * , NOT to have that LAWFUL consideration purposefully obfuscated by a mere publisher or bank PRETENDING TO BE A TRUE CREDITOR who’s only purpose was & still is to steal all the money ever created into their possession by a means of unjust intervention.
A government creating money who likewise gives up no consideration of their own , interest free or otherwise via a public central bank, spending or allegedly loaning unaccountable sums of money into circulation has to also likewise retire unaccountable sums of money out of circulation by taxation to prevent circulatory inflation which will in effect be imposing volumetric improprieties or unaccountable out of control inflation & deflation regardless , so not only we will see unjust but unaccountable taxation imposed on any individual, who may not necessarily benefit from what is spent or built, to perpetually re-inflate circulation, but what is spent on infrastructure , WAR etc, may not necessarily be needed ,giving us, then, a gargantuan government out of control spending & taxing money like there is no tomorrow, possibly giving sweet heart deals to corporations or the equivalent just to build unnecessary infrastructure so all the local banks can continue stealing & laundering circulation ( principal & interest ) on the ground floor local banks , who are likewise giving up no consideration of their own , falsifying a debt to themselves in any alleged loan to one of us, just like we have today , which equates to a * MONUMENTAL THEFT * & * ONE BIG MONEY LAUNDERING RACKET * nothing more.
Something very important to note here AGAIN folks if we are to ever see a full reserve bank, public or private, this can only mean we may well have given up our right & ability to issue a promissory obligation altogether thus loosing our true representation of wealth to each other for good.
” Remember we the people create money & we the people are * private individuals * who take the only risk ( not any bank or publisher of money ), we create jobs ( not political representatives ) & we the people always build & rebuild nations only to have our political representatives who work for the banks ( not us ) tear down & destroy our nations always for personal gain at the expense of the next generation, so its time to correct our mistakes holding all accountable * NOW * ( not tomorrow ) for these lies that divide us thus ensuring the children, our future Nation builders are free of exploitation “
Mathematically Perfected Economy ( Dispelling the lies )
Most if not all people fail to see the banks purposed obfuscation of our very own promissory obligations we have to each other (not to any bank) regardless what represents our promissory obligations whether its fiat, gold, coffee beans or rum or whatever it may be its what the banks do to our promissory obligations before any banking publication or before any bank book entry which is indeed the root cause of all adverse volumetric disposition or impropriety within any monetary circulation past & present.
The basic math no one can deny.
If one divides the gold on hand by the number of people. In the U.S, reported monetary reserves last time I looked are $80 billion, divided by a 300 million population = $266 per capita to do all your business & saving ,retirement etc.
A return to the gold standard CAN be artificially deflated so long as the represented property exceeds $266 per head , Which IS a case of PERPETUAL, MONUMENTAL DEFLATION.
Any proposal of a gold standard simply fails the math. Any competent mathematician would agree 🙂
” Even if there was that much gold out there the governments would have to each go into 10s of trillions into further debt to buy the gold to put into their treasuries so as to further represent any currency which in turn has to represent all our labour & production “
The projected worth of financial assets in 2020 would be nearly double the value of around USD 198 trillion witnessed last year
It has been estimated that all the gold mined by the end of 2009 totalled 165 THOUSAND tonnes
At a price of US$1900/oz., reached in September 2011, one ton of gold has a value of approximately US $60.8 million.
My calculation based on the estimated volume of all the gold mined by the end of 2009 .(see above ) at $1.700oz
* BASIC Calculations *
In short there are 16oz in a pound, & 2,000 pounds in a ton.
32,000oz is 16 x 2,000, or 1 ton.
$1,700/oz x 32,000oz = $54,400,00/ ton.
165 thousand ton x $54.4 million dollars (per ton)
The total value of all gold ever mined would not exceed US$9.2 trillion at that valuation.
The question I ask now does $9.2 trillion in current gold world wide = $198 trillion in world assets? Absolutely not no where near it .
Mathematically Perfected Economy ( The Gold bug )
Debate challenge to any gold bug?
Today’s fiat has value BUT its value is “NOT EQUAL” to our natural promissory obligations, not because its fiat, because of the banks misrepresentation or purposed obfuscation of our promissory obligations before publication of fiat..
The bank gives up no consideration of value of their own in any purported loan to one of us, only the true creditor did by giving up the property in question & likewise the obligor by signing the promissory obligation or note in any purported loan, so today’s fiat has no consideration of value given up by the bank itself ,rather today’s fiat is merely the evidence of our very own promissory obligations that doesn’t equal our labour & production or consideration of value we give up to each other.
I challenge any gold bug to disprove or debate fiat has no substance or representation of value what so ever today.
I challenge any gold bug to disprove a fact that fiat can equal & account for any growth of our labour & production we give up & receive from each other by our natural promissory obligations without the imposition of interest or banking exploitation.
I challenge any gold bug to prove how a gold standard with finite reserves can possibly protect us from its volumetric improprieties which are as follows.
1) Artificially sustaining the price of our production thus suffer a perpetual devaluation of gold reserves upon further production.
OR
2) Suffer from a perpetual deflation per represented wealth upon further production without the artificial sustention.
Those of you who think a gold standard worked in the past are greatly mistaken because you fail to see the U.S constitution artificially set or fixed the price of gold likewise this was a contributing factor by association to the artificial sustention of the price of our production thus as a result of golds inherent but contributing built in volumetric improprieties was in effect perpetually devaluing finite gold reserves upon any further of our labour & production it then had to further represent which was the very reason why the gold standard had to be removed simply to prevent a perpetual devaluation of the physical gold itself upon any further growth of our production period .
A gold standard not only resulted in a further adverse volumetric disposition on top of the already inherent volumetric fault of unwarranted interest, but the banks in the past under a gold standard were redeeming or stealing the principal & interest in physical gold, just like they do today, stealing principal & interest in fiat out of a general circulation that only ever consists of some remaining principal at most.
Real money respectively to any increase of circulation is a currency that equals our labour & production we give up & receive from each other without any adverse volumetric disposition or terminal exploitation by unjust intervention , what is real is what all money represents which is our labour & production , our hard earned blood sweat & tears we give up to each other.
John .F. Kennedy did not try to bring in a silver standard?
Actually JFK had no choice but to give the federal reserve bank more power to issue lower denomination notes, to eventually replace the silver coin because the silver reserve was devaluing due to its industrial demand & finite supply , what people parrot about JFK trying to bring in a silver standard is absolutely preposterous, unfounded & out right false , even JFK quoted himself :
“ I again urge a revision in our silver policy to reflect the status of silver as a metal for which there is an expanding industrial demand. Except for its use in coins, *silver serves no useful monetary function*. “
The reason the silver coin was removed eventually was because President Kennedy signed the bill HR 5389 into law on June 4, 1963 and also signed an executive order (11110) authorizing the Treasury Secretary to continue printing silver certificates during the * transition period * which repealed the Silver Purchase Act of 1934 & related laws, repealed a tax on silver transfers, & * authorized the Federal Reserve to issue one and two dollar bills * , in addition to the notes they were already issuing.
JFK had no choice, simply because of silvers built in finite volumetric improprieties, likewise gold , if JFK didn’t do what he did, it would of allowed the perpetual devaluation to persist on silver reserves upon further demand & production which it had to likewise represent in * equal volume * which is mathematically impossible , its either that or continue on with a monumental deflation on all property value upon further production .
A gold or silver standard has never worked & never will , however if we ever went back to a gold standard we would crash the economy literally over night & reduce everyone’s wealth down to diddly squat folks, its economic suicide & as you can see I have just demonstrated & proven a gold/ silver standard ,likewise imposed interest at any rate is as stupid as stupid gets.
The banker was placed on the witness stand and sworn in. The plaintiff’s (borrower’s) attorney asked the banker the routine questions concerning the banker’s education and background.
The attorney asked the banker, “What is court exhibit A?”
The banker responded by saying, “This is a promissory note.”
The attorney then asked, “Is there an agreement between Mr. Smith (borrower) and the defendant?”
The banker said, “Yes.”
The attorney asked, “Do you believe the agreement includes a lender and a borrower?”
The banker responded by saying, “Yes, I am the lender and Mr. Smith is the borrower.”
The attorney asked, “What do you believe the agreement is?”
The banker quickly responded, saying, ” We have the borrower sign the note and we give the borrower a check.”
The attorney asked, “Does this agreement show the words borrower, lender, loan, interest, credit, or money within the agreement?”
The banker responded by saying, “Sure it does.”
The attorney asked, `”According to your knowledge, who was to loan what to whom according to the written agreement?”
The banker responded by saying, “The lender loaned the borrower a $200,000 check. The borrower got the money and the house and has not repaid the money.”
The attorney noted that the banker never said that the bank received the promissory note as a loan from the borrower to the bank.She asked, “Do you believe an ordinary person can use ordinary terms and understand this written agreement?”
The banker said, “Yes.”
The attorney asked, “Do you believe you or your company legally own the promissory note and have the right to enforce payment from the borrower?”
The banker said, “Absolutely we own it and legally have the right to collect the money.”
The attorney asked, “Does the $200,000 note have actual cash value of $200,000? Actual cash value means the promissory note can be sold for $200,000 cash in the ordinary course of business.”
The banker said, “Yes.”
The attorney asked, “According to your understanding of the alleged agreement, how much actual cash value must the bank loan to the borrower in order for the bank to legally fulfil the agreement and legally own the promissory note?”
The banker said, “$200,000.”
The attorney asked, “According to your belief, if the borrower signs the promissory note and the bank refuses to loan the borrower $200,000 actual cash value, would the bank or borrower own the promissory note?”
The banker said, “The borrower would own it if the bank did not loan the money. The bank gave the borrower a check and that is how the borrower financed the purchase of the house.”
The attorney asked, “Do you believe that the borrower agreed to provide the bank with $200,000 of actual cash value which was used to fund the $200,000 bank loan check back to the same borrower, and then agreed to pay the bank back $200,000 plus interest?”
The banker said, “No. If the borrower provided the $200,000 to fund the check, there was no money loaned by the bank so the bank could not charge interest on money it never loaned.”
The attorney asked, “If this happened, in your opinion would the bank legally own the promissory note and be able to force Mr. Smith to pay the bank interest and principal payments?”
The banker said, “I am not a lawyer so I cannot answer legal questions.”
The attorney asked, ” Is it bank policy that when a borrower receives a $200,000 bank loan, the bank receives $200,000 actual cash value from the borrower, that this gives value to a $200,000 bank loan check, and this check is returned to the borrower as a bank loan which the borrower must repay?”
The banker said, “I do not know the bookkeeping entries.”
The attorney said, “I am asking you if this is the policy.”
The banker responded, “I do not recall.”
The attorney again asked, “Do you believe the agreement between Mr. Smith and the bank is that Mr. Smith provides the bank with actual cash value of $200,000 which is used to fund a $200,000 bank loan check back to himself which he is then required to repay plus interest back to the same bank?”
The banker said, ” I am not a lawyer.”
The attorney said, “Did you not say earlier that an ordinary person can use ordinary terms and understand this written agreement?”
The banker said, “Yes.”
The attorney handed the bank loan agreement marked “Exhibit B” to the banker. He said, “Is there anything in this agreement showing the borrower had knowledge or showing where the borrower gave the bank authorisation or permission for the bank to receive $200,000 actual cash value from him and to use this to fund the $200,000 bank loan check which obligates him to give the bank back $200,000 plus interest?”
The banker said, “No.”
The lawyer asked, “If the borrower provided the bank with actual cash value of $200,000 which the bank used to fund the $200,000 check and returned the check back to the alleged borrower as a bank loan check, in your opinion, did the bank loan $200,000 to the borrower?”
The banker said, “No.”
The attorney asked, “If a bank customer provides actual cash value of $200,000 to the bank and the bank returns $200,000 actual cash value back to the same customer, is this a swap or exchange of $200,000 for $200,000.”
The banker replied, “Yes.”
The attorney asked, “Did the agreement call for an exchange of $200,000 swapped for $200,000, or did it call for a $200,000 loan?”
The banker said, “A $200,000 loan.”
The attorney asked, “Is the bank to follow the Federal Reserve Bank policies and procedures when banks grant loans.”
The banker said, “Yes.”
The attorney asked, “What are the standard bank bookkeeping entries for granting loans according to the Federal Reserve Bank policies and procedures?” The attorney handed the banker FED publication Modern Money Mechanics, marked “Exhibit C”.
The banker said, “The promissory note is recorded as a bank asset and a new matching deposit (liability) is created. Then we issue a check from the new deposit back to the borrower.”
The attorney asked, “Is this not a swap or exchange of $200,000 for $200,000?”
The banker said, “This is the standard way to do it.” The attorney said, “Answer the question. Is it a swap or exchange of $200,000 actual cash value for $200,000 actual cash value? If the note funded the check, must they not both have equal value?”
The banker then pleaded the Fifth Amendment.
The attorney asked, “If the bank’s deposits (liabilities) increase, do the bank’s assets increase by an asset that has actual cash value?”
The banker said, “Yes.”
The attorney asked, “Is there any exception?”
The banker said, “Not that I know of.”
The attorney asked, “If the bank records a new deposit and records an asset on the bank’s books having actual cash value, would the actual cash value always come from a customer of the bank or an investor or a lender to the bank?”
The banker thought for a moment and said, “Yes.”
The attorney asked, “Is it the bank policy to record the promissory note as a bank asset offset by a new liability?”
The banker said, “Yes.”
The attorney said, “Does the promissory note have actual cash value equal to the amount of the bank loan check?”
The banker said “Yes.”
The attorney asked, “Does this bookkeeping entry prove that the borrower provided actual cash value to fund the bank loan check?”
The banker said, “Yes, the bank president told us to do it this way.”
The attorney asked, “How much actual cash value did the bank loan to obtain the promissory note?”
The banker said, “Nothing.”
The attorney asked, “How much actual cash value did the bank receive from the borrower?”
The banker said, “$200,000.”
The attorney said, “Is it true you received $200,000 actual cash value from the borrower, plus monthly payments and then you foreclosed and never invested one cent of legal tender or other depositors’ money to obtain the promissory note in the first place? Is it true that the borrower financed the whole transaction?”
The banker said, “Yes.”
The attorney asked, “Are you telling me the borrower agreed to give the bank $200,000 actual cash value for free and that the banker returned the actual cash value back to the same person as a bank loan?”
The banker said, “I was not there when the borrower agreed to the loan.”
The attorney asked, “Do the standard FED publications show the bank receives actual cash value from the borrower for free and that the bank returns it back to the borrower as a bank loan?”
The banker said, “Yes.”
The attorney said, “Do you believe the bank does this without the borrower’s knowledge or written permission or authorisation?”
The banker said, “No.”
The attorney asked, “To the best of your knowledge, is there written permission or authorisation for the bank to transfer $200,000 of actual cash value from the borrower to the bank and for the bank to keep it for free?
The banker said, “No.”
The attorney said, Does this allow the bank to use this $200,000 actual cash value to fund the $200,000 bank loan check back to the same borrower, forcing the borrower to pay the bank $200,000 plus interest? “
The banker said, “Yes.”
The attorney said, “If the bank transferred $200,000 actual cash value from the borrower to the bank, in this part of the transaction, did the bank loan anything of value to the borrower?”
The banker said, “No.” He knew that one must first deposit something having actual cash value (cash, check, or promissory note) to fund a check.
The attorney asked, “Is it the bank policy to first transfer the actual cash value from the alleged borrowerto the lender for the amount of the alleged loan?”
The banker said, “Yes.”
The attorney asked, “Does the bank pay IRS tax on the actual cash value transferred from the alleged borrower to the bank?”
The banker answered, “No, because the actual cash value transferred shows up like a loan from the borrower to the bank, or a deposit which is the same thing, so it is not taxable.”
The attorney asked, “If a loan is forgiven, is it taxable?”
The banker agreed by saying, “Yes.”
The attorney asked, “Is it the bank policy to not return the actual cash value that they received from the alleged borrower unless it is returned as a loan from the bank to the alleged borrower?”
The banker replied “Yes”.
The attorneysaid, “You never pay taxes on the actual cash value you receive from the alleged borrower and keep as the bank’s property?”
“No. No tax is paid.”, said the crying banker.
The attorney asked, “When the lender receives the actual cash value from the alleged borrower, does the bank claim that it then owns it and that it is the property of the lender, without the bank loaning or risking one cent of legal tender or other depositors’ money?”
The banker said, “Yes.”
The attorney asked, “Are you telling me the bank policy is that the bank owns the promissory note (actual cash value) without loaning one cent of other depositors’ money or legal tender, that the alleged borrower is the one who provided the funds deposited to fund the bank loan check, and that the bank gets funds from the alleged borrower for free? Is the money then returned back to the same person as a loan which the alleged borrowerrepays when the bank never gave up any money to obtain the promissory note? Am I hearing this right? I give you the equivalent of $200,000, you return the funds back to me, and I have to repay you $200,000 plus interest? Do you think I am stupid?”
The banker, In a shaking voice the banker cried, saying, “All the banks are doing this. Congress allows this.”
The attorney quickly responded, “Does Congress allow the banks to breach written agreements, use false and misleading advertising, act without written permission, authorisation, and without the alleged borrower’s knowledge to transfer actual cash value from the alleged borrower to the bank and then return it back as a loan?”
The banker said, “But the borrower got a check and the house.”
The attorney said, “Is it true that the actual cash value that was used to fund the bank loan check came directly from the borrower and that the bank received the funds from the alleged borrower for free?”
The banker, “It is true”, said the banker.
The attorney asked, “Is it the bank’s policy to transfer actual cash value from the alleged borrower to the bank and then to keep the funds as the bank’s property, which they loan out as bank loans?”
The banker, showing a wince of regret that he had been caught, confessed, “Yes.”
The attorney asked, “Was it the bank’s intent to receive actual cash value from the borrower and return the value of the funds back to the borrower as a loan?”
The banker said, “Yes.” He knew he had to say yes because of the bank policy.
The attorney asked, “Do you believe that it was the borrower’s intent to fund his own bank loan check?”
The banker answered, “I was not there at the time and I cannot know what went through the borrower’s mind.”
The attorney asked, “If a lender loaned a borrower $10,000 and the borrower refused to repay the money, do you believe the lender is damaged?”
The banker thought. If he said no, it would imply that the borrower does not have to repay. If he said yes, it would imply that the borrower is damaged for the loan to the bank of which the bank never repaid. The banker answered, “If a loan is not repaid, the lender is damaged.”
The attorney asked, “Is it the bank policy to take actual cash value from the borrower, use it to fund the bank loan check, and never return the actual cash value to the borrower?”
The banker said, “The bank returns the funds.”
The attorney asked, “Was the actual cash value the bank received from the alleged borrower returned as a return of the money the bank took or was it returned as a bank loan to the borrower?”
The banker said, “As a loan.”
The attorney asked, “How did the bank get the borrower’s money for free?”
The banker said, “That is how it works.”
. . . And so it is!
” You don’t get a mathematically Perfected Economy™ from snake oil salesmen you get division “
Modern Money Mechanics, A Workbook on Bank Reserves and Deposit Expansion, by the Federal Reserve Bank of Chicago ( see Page 6, Paragraph 6 )
” What they do when they * banks/money changers *make alleged loans is to accept promissory notes or the “alleged borrower’s ” promissory note in exchange for credits to the alleged borrower’s transaction account (s).Alleged loans /assets and deposits/liabilities both rise by the amount of the alleged loan. “
CONCLUSION;
One could argue the only consideration the bank risks is the mere cost of publication, which is the mere cost to publish a further representation, ( bank money or credit ) , that evidences the former issuance of one of our promissory obligations or notes, which would,then, amount to about $2 to publish $200,000 the obligor, or the alleged borrower creates by their signature issuing a promissory obligation, before the banks book entry , where they, the * banks, money changers * give up no consideration commensurable, or equal, to the debt they unjustly falsify to themselves , however the local bank uses the alleged borrowers credit worthiness or the only lawful consideration given up by the obligor, which is the alleged borrowers promissory note to , then, borrow money from a central bank who in turn then publishes a further representation, which is a purposed misrepresentation of the former contractual obligation, or misrepresentation of the obligors issuance of a promissory note so as to then allegedly loan a further representation or a misrepresentation , ( bank money , credit ) to the alleged borrower.
The $2 the bank may give up is redeemed in a fraction of the first loan repayment by the alleged borrower.
The interest the central bank charges to the local bank ,( using the obligor’s or alleged borrowersconsideration to publish the bank money ), is always lower than what the local bank charges on an alleged loan to the obligor, or alleged borrower, thus, the difference in interest rates is the local banks unearned profit , or unjust reward for stealing, & laundering circulation, ( principal & interest ), into the hands of the central banking system .
Both the central bank, & the local banks risk nothing of their own really , the local banks always use ” the alleged borrowers consideration or our promissory notes, promissory obligation ”. ( not their own consideration ) , to borrow money that we the people always create upon conception.
No new money ever comes into existence, not until, one of us issues a promissory obligation first , thus the bank money, or ANY representation did not even exist, not until an alleged borrower walks into a bank , ( money laundering office ) ,& signs a promissory obligation FIRST.
PLEASE NOTE : The obligors promissory obligation or note is not only monetizing the liquid equity or represented value , such as a house for example, but in turn its promising the earn ability of the obligors own future production, meaning the obligor has the ability to earn that money they initially created & paid into an overall pool of wealth so its physically possible for the obligor to ” pay down ” ( NOT PAY BACK, NOT AN I.O.U ) that sum of principal out of an overall pool of wealth & ” rightfully retire” that principal at the rate they choose to consume of the related property or house, nevertheless both of which here, the house itself & the obligors production are indeed lawful consideration of value that the bank doesn’t risk or even give up , now by a simple matter of rational deduction here we soon see who gives up commensurable value, & we conclude its the purported borrower or obligor who is backing that note with their own labour & production, now a critique might irrationally assume the obligors promissory note is backed by nothing but the house, yet the obligor has paid for the house in full from the outset of their promissory obligation,,, haven’t they? ( NOT THE BANK ) THE BANK GIVES UP NO VALUE ,,,THINK ABOUT IT? . however I would nevertheless challenge that critique’s irrational assumption if we were to simply find anyone who has worked hard all their life to fulfill a purported mortgage from a bank & ask them if they actually paid the bank nothing or thin air, or if they paid with their hard earned blood, sweat & tears, which to the latter here is the same effect what all bank money further represents today, or rather what a bank misrepresents in a pretend loan today , only ” AS IF ” the bank gave up commensurable consideration themselves, either when they the banks allegedly create money , & or allegedly loan money to one of us.Its preposterous to even remotely suggest that we the people give no value to money & property, because that’s what one is irrationally suggesting when they assert money is backed by nothing or thin air , aren’t they now folks ?, even when our promissory notes or obligations *to each other* are purposely obfuscated by banks , they the banks are giving absolutely no value to money , whether its cash , a cheque, purported credit , or even property for that matter, except for possibly the mere cost of publication ( publishing further representations of our promissory obligations or notes to each other ) if anything, which cost they the bank logically redeems in a fraction of the first loan ( alleged loan) repayment by the alleged borrower, & thereafter we can be certain beyond any shadow of a doubt the remainder of payment[s] allegedly owed to a bank is out right THEFT , but because banks give up no value here why would anyone of sound mind suggest that we the people are likewise giving up no value on a promissory note or obligation , or not giving up the only intrinsic, yet truly natural commensurable value in our labour & production? I mean its irrational to suggest otherwise ,seriously folks, logically the banks wouldn’t be stealing the represented value we give to all money & property in phony loans if that value was worth nothing, & to again suggest money is backed by nothing or thin air, particularly in its obfuscated state today can only be denying a monumental crime of theft by that obfuscation regardless.
The question we all should be asking ourselves, has anyone disproved MPE ?
The answer is ” NO ” not in over 44 years. Read more
Most if not all economists have been taught a false doctrine in universities & schools where money creation is overlooked completely teaching unqualified assumptions as fact when they are indeed not fact if one looks at all the contributing factors at hand .
1) What does the promissory obligation or promissory note represent when the purported borrower issues it ? , known as a contractual obligation or to the average Joe the loan contract.
2) Contract essentials, when the essentials of contract law are violated.
If any of the essentials are missing the contract may be void, avoidable, unenforceable or illegal?
Having said that if a purported loan contract is void it means there is NO loan from a bank nor is there any debt owed to any bank 😉
1) Intention – an intention to *create * a legal relationship
2) Offer – a proposal which may be accepted, or otherwise rejected or terminated
3) Acceptance – acceptance of an offer and its terms and conditions
4) Terms – terms and conditions. This is treated as a separate element because not all offers expressly state or clearly identify all the relevant terms and conditions.
5)** Consideration ** – something of value given in exchange for a promise; not required if the contract is signed as a deed
6) Capacity – contracting parties which have legal capacity (eg they are not bankrupts, minors or subject to mental health law)
7) No other ground for legal issues or invalidity – uncertainty, mistake, fraud, misrepresentation, misleading representation, duress, undue influence, unconscionability, illegality, good faith, penalty, unenforceable restraint of trade etc. Sometimes these grounds are grouped under the heading “genuine consent“.
Therefore the debate must start with the obligors or purported borrowers promissory obligation where certain questions have to be addressed first.
1) What consideration does the bank give up of its own upon the obligors promissory note or promissory obligation? ( Before any banking book entry )
2) How is interest created & then issued into circulation above the sum of principal to prevent circulatory deflation, upon a monumental scale, when its perpetually paid out of circulation upon all our very own personal, but private, debts to local banks?
Addressing these two simple questions establishes the true creditor who actually gives up property, gives up consideration ,likewise the obligor or purported borrower gives up their labour & production which is also deemed lawful consideration, however we have now, then, established the only entity or entities ” banks ” purposely intervene on our promissory obligations we have to each other, where banks are giving up no consideration of their own commensurable or equivalent to the falsified debt ” that ” banks ” impose on any purported borrower, thus the purported borrower or obligor is indeed the true issuer of new money ( principal only ) upon its very conception by issuing a promissory obligation & any money published thereafter, or a further representation of that promissory obligation the ” banks “ publish or prints thereafter is a purposed misrepresentation, evidencing the former contractual obligation or promissory obligation/ note the *alleged borrower* issues before any banking book entry.
Likewise having now established the bank doesn’t create money we can now determine the bank is merely pretending to loan any sum of principal only as if it was the banks principal to loan out in the beginning, consequently , then, keeping all payments, failing , then, to retire the principal, unjustly, then , as a further consequence, charging unwarranted interest, only, as if the ” banks ” risked or gave up principal consideration value of their own that would be otherwise commensurable or equal to the former contract or promissory obligation, interest I may add now, that hasn’t been created nor issued into circulation above its intended representation, EG: A house , clearly indicating any paid interest to ” banks ” above the sum of principal is perpetually depleting a general circulation that only ever consists of some remaining principal at the very most, making it mathematically impossible for everyone to pay down their * falsified debts * without a guaranteed default imposed upon an * alleged borrower * through NO fault of their own.
As a consequence of this criminal behavior by a monumental theft of vital circulation, by all banks ( no exceptions ), our political representatives are then multiplying our very own * falsified debt * into terminal sums of falsified debt by periodically borrowing further sums of national debt ( principal & interest ) that was originally paid out of a general circulation ( by one of us ) so as to perpetually re-inflate circulation over & over just enough to artificially sustain a vital circulation for all our industry & commerce, or whats left of our industry & commerce only just enough, then, so the ” banks ” can continue consolidating & dispossessing even further of our wealth public & private, on every cycle, keeping us, then, always in a state of shortage while all along we are robbed blind every Hour, every Minute & every Second of every Day.
NOTE: The very reason why MPE™ cant be implemented on a micro level in any community small or large is because it will result in competing with another local currency & if we exchange money or property with another competing currency that has an adverse volumetric disposition such as Interest for example logically we will inherit the other currencies volumetric impropriety simply by exchanging any money or property subject to that other currency.
MPE™ has to be done on a national level at the very least so we can keep the money at home for starters, if we are ever to compete or trade with another nations production & its currency . If we did implement MPE on a micro level we may well allow another currency to artificially manipulate MPEs 1.1.1 ratio or adversely effect the volume of circulation per represented property value making it impossible for everyone to pay down & retire the circulation without someone defaulting on there obligation through no fault of their own .
The idea of microeconomics or competing currencies fails at its core concept by not addressing the nations volume of circulation on a macro level & the act of exchanging money & property subject to artificial manipulation with another currency opens up the door for one currency adversely effecting another that wouldn’t otherwise have an adverse volumetric disposition.
Micro currencies competing within any nation is an epic fail of rudimentary logic & is stupid as stupid gets .
Mike head to head below with Roger Hayes one of many plagiarists from the purported lawful bank in a heated debate, this is hot hot hot & a must to listen to for all the family folks.
Many Thanks to sovereign Garry at TNS radio for this opportunity.
Mike Montagne ( MPE™ ) ” Debate ” with Roger Hayes ( unlawful bank )
Just a few notes:
Let me be clear, no one is renting in MPE, nor do homes appreciate in price, there are no bureaucrats who dictate the value of your labour & production you give up & receive from each other, not the CMI , not any politician & most certainly not any thieving bank who artificially inflates prices on falsified debts, you only pay for what you consume in MPE & that is rightfully retired at your choice of consumption.
NOW YOU CAN PAY DOWN YOUR HOME SOONER IN MPE OWNING IT OUTRIGHT IF YOU WANT?
For example If you bought a * NEW * house in a Mathematically Perfected Economy™ for $100,000, with a projected life span of a 100 years consumption based on its value a builder gives it, or subsequent additional consumption value a seller may give that house over its lifespan , based then , on quality of materials, design , quality of workmanship etc , & you then, paid down $100,000 sooner over 50 years rather than the projected 100 years the CMI will still retire the $50,000 you already paid in advance ( still in your account otherwise as savings, NOT STOLEN BY A BANK ) as you consume the remaining life span of the house you purchased still adhering to MPEs 1.1.1 ratio. ,respectively equal to remaining debt obligation, remaining value of the house & remaining money in circulation.
So If one Pays down $2,000 instead of $1,000 a year on a $100,000 home with a lifespan of 100 years you consequently then own that house in 50 years instead of 100 years , likewise if you pay down $5,000 a year you own that home out right in 20 years , again if you pay down $10,000 a year you will own that home outright in 10 years, keeping in mind whatever you pay above your consumption stays in your own savings account ( ITS NOT STOLEN BY A THIEVING BANK ) & you see it being rightfully retired as you consume the remainder of the house & at any stage for any unforeseen circumstance you need do draw on that money you paid in advance sitting in your own account you can.
However If one did choose to pay down their obligation faster one wouldn’t have that extra money one otherwise would have to spend on other things such as holidays or a business, expanding business, employing more people , paying more to employees etc , the list is endless.
MPE ( Who decides the ” rate ” of depreciation )
Its Not rocket science, ” interest exists” today when its borrowed back as national debt to re inflate circulation which always comprises of the principal & the interest that was paid out of a general circulation that only ever consists of some remaining principal at most which multiplies falsified debt into terminal sums of falsified debt.
By the very definition of the word * exist * is not to say interest doesn’t exist because it does exist as a sum of principal?. Indeed earned profit from the out set of any Promissory obligation is not a sum of interest at all , its always a sum of principal, interest can only exist as a sum of principal , to deny the existence of interest & the principal borrowed back to * persist * as a multiplication of artificial debt upon reflation is not only denying the existence of a multiplication of debt but its also to deny the existence of the banks 2nd crime where a sum of principal is stolen in the form of unwarranted interest on a falsified debt, likewise to infer principal only exists is to also deny interest exists as sum of principal paid out of circulation on a falsified debt.
Interest may not be created but certainly does exists as a further or consequent theft of principal, so to suggest interest doesn’t exist is to deny a crime has taken place where paid interest to a local bank, the banks 2nd crime, is only a result of the banks 1st crime pretending to loan you the sum of principal which is a former theft of principal before the 2nd crime of charged interest & indeed before any banking book entry disguised then as an ” alleged loan “ when the obligor ( not the borrower ) issues a promissory note , therefore the bank only ” allegedly loans “ you the principal that you created only as IF it was the banks principal to loan out to begin with, which only ever issues a sum of principal into circulation from the outset regardless?.
Therefore we have now established the banks first two crimes.
1) The local bank steals a sum of principal an * alleged borrower * creates by purposefully obfuscating the obligors promissory obligation, before the banking book entry, pretending, then, to loan principal only as if it was the banks principal value to loan out in the beginning.
2) As a result the bank, then, steals a further sum of principal by charging unwarranted interest on what is a *falsified debt* only as if the bank gave up or risked consideration of its own commensurable or equal to the *alleged loan* or debt it falsifies to itself.
I therefore challenge * anyone * even mainstream academia in economics or law to debate on TNS radio, contact mehere , anything else is taken as clear evasion of fact.
PS : If anyone genuinely believes they have poof MPE is flawed I logically expect one to take up my already 2 year old debate challenge ( see the video above ) & contact me personally, either here in the comments below on ” this blog ” or by email with such purported proof in writing first , so I at least have something to prepare & work with , now if one cant grant me this simple request it will be taken one is not serious in their intent to formally debate at all , but may have other motives at hand ” personal or otherwise ” that might or may just take precedence over any rational debate .