PEOPLE For  Mathematically Perfected Economy™ (PFMPE™)  :  mathematically perfected economy™ (MPE™) is the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a vital circulation, engendering inevitable systemic failure at a finite system lifespan defined by an inevitable, terminal sum of insoluble debt. Mathematically Perfected Economy™ is every prospective debtor's right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.

MORPHALLAXIS, January 14, 1979.


It's an old idea. It had its origin in America's greenback movement in the late 19th century. The bottom line is that the person says the government should issue money; banks must be prohibited from doing so. Conclusion: we can safely trust the government.

The one thing we can never trust to the government is the creation of money.

[Thus Mr. North presumably intends to imply that instead we can and should trust in privatized currencies subject to interest.]

Gary North — from Gary North's "SPECIFIC ANSWERS," *Wealth-building strategies*, etc...

mike montagne

Likewise, in regard to potential government abuse, there isn't even any circulation to be owned by the state in mathematically perfected economy™, because the only way for circulation to leave private hands is retirement. No circulation therefore can exist in the hands of the state but by taxation — which on the contrary makes taxation the potential area of government abuse.

Finally then, the only possible item of potential state ownership, and the only potential area of administration, is a formula — an intellectual matter with no cost whatever, which is not even a physical thing which can be owned, and which by law itself cannot be corrupted, or maladministered.

To say that mathematically perfected economy™ can be corrupted by the state therefore is to say as much as that counting can be corrupted by the state — which of course can happen only if the state is not bound to count right; which in turn is something which furthermore, is only protectable by way of the republican form of government and a vigilant populace.

Thus in a republic, the onus to preserve all these things falls on the populace itself; and the only way for a people to preserve these ends is itself the republican form of government.

Thomas Jefferson

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

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

Thursday, June 12, 2008


On the one hand, there is little if anything to the assertions to which the present account answers: No veritable connection to roots, no proven equivalence, no corresponding record of failure, and no direct refutation of principle are even attempted by the opposing sayer (at least in any form we don't have to pay for). Accordingly, to this moment at least, Mr. North even refuses to answer to an open invitation to debate his assertions.

Why then would someone such as Gary North attack mathematically perfected economy™?

Gary of course spends his time at the opposing discipline, from which he pretends to know the origins of mathematically perfected economy™ better than its author. He pretends a brief movement which *spent* money into circulation advocated the equivalent of mathematically perfected economy™. He implies, assumably by that intimated equivalence, that mathematically perfected economy™ is disproven, while even the Greenback of the era he cites was no moreso "inflationary" than the form of currency he presumably advocates.

In any case, learning of Mr. North's presumed expertise in a DailyPaul thread, I immediately wrote Mr. North, whom I had known from previous correspondence many years passed:

June 4, 2008


I see you claim to be an expert on the origins of mathematically perfected economy™.

I invite you to debate your purported expertise; and should you refuse or fail to respond, be advised that we will respond to your false assertions at PFMPE™.

Mr. North of course has not responded.

What would you wager that Mr. North knows already that his motives are obvious; that his purported answer is neither specific, nor a worthy refutation of mathematically perfected economy™; and that the circumstances everywhere around us alone refute his presumable, opposing proposition that a privatized currency or interest serve us; or that the people or republican form of government cannot administer mathematically perfected economy™ if the usurpers — who are the very usurers and advocates of further unearned gain — are removed from office?

After all, it seems he doesn't even dare say what the advantages or propriety are, of a privatized monetary system which can only multiply debt in proportion to the circulation for nought, and the eventual/ultimate complete dispossession of its subjects.



"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."

mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)

While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.

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

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

THANK YOU FOR VISITING PEOPLE For Mathematically Perfected Economy™!


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