'MPE™ 101' — BASIC IMPLEMENTATION OF Mathematically Perfected Economy™
The world is not dangerous because of those who do harm, but because of those who abide by the harm without doing anything.
Albert Einstein
It is not for glory or riches or honours that we fight, but only for liberty, which no good man will consent to lose but with his life.
Scottish Revolution, Declaration of Arbroath — a reply to the excommunication of Robert the Bruce for recapturing Berwick, as sent to Pope John XXII on behalf of the community of the realm of Scotland, 1320 A.D.
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"The penalty good men pay for indifference to public affairs is to be ruled by evil men."
"The secret of happiness is freedom. And the secret of freedom is courage."
"Freedom is never an achieved state. Like electricity, we must keep generating it, or the lights go out. We now witness a fire sale of American liberty at the bargain basement price of the false promise of security. The America being designed this moment will not resemble the America we have been defending. The danger is not that Big Brother may storm the castle gates. The danger is that Americans will not realize he is already inside the castle walls."
Saturday, April 5, 2008
'MPE™ 101' — BASIC IMPLEMENTATION OF Mathematically Perfected Economy™
Mathematically Perfected Economy™ is principally distinguished from usury by eradication of interest and payment of debts at the rate of consumption of the related asset(s).
Markets and industry unleashed from the costs of interest, and from artificial excesses of debt, have wider leeway to determine lower end consumer prices, even at greater industrial profit margins. Minimization of debt service costs release as much as many times present spendable income for both private and commercial entities. Dissolution of artificially multiplied public debt, and refinancing public debt without interest, dramatically reduce the costs of government. Interest free funding for all desirable further ventures not only paves the way for industrial renewal and expansion which are impossible now, but makes it possible to afford conscientious industrial practice which is impossible otherwise.
There is no need to rely on private financing at cost in mathematically perfected economy™.
Much as private individuals issue their own promises to pay in our Parable of Perfect Economy, present lending standards are applied instead to publicly created money, which is lent into circulation and repaid at the rate of consumption of the related asset.
For example, a debt for a $100,000 home with a hundred-year lifespan would be repaid at the overall rate of $1,000 per year, or $83.33 per month.
While mathematically perfected economy™ is in effect a perfected financial system, it does make it possible to accomplish political, environmental, and social goals which are impossible otherwise.
For instance, "Social Security" could be (desirably) eliminated by making savings mandatory from the substantial income freed by mathematically perfected economy™.
In obligating the savings of half of earnings across a usual adult lifespan, half of which is worked, savings would sustain a person throughout retired years at the same standard of living they maintained while working.
TYPICAL PROCESSES OF CERTIFYING CREDIT-WORTHINESS, ISSUING CREDIT, ACCOUNTING FOR PAYMENT, AND ENFORCEMENT OF PAYMENT
Optimally, a singular public banking system running under official authority of government can largely be a software process in which a person's income is automatically deposited and managed. That is, automated processes can certify credit-worthiness, pay debts, manage savings, and deduct negligible service fees to cover the costs of administration.
While there is far less risk of default in mathematically perfected economy™, debts are always secured adequately by the remaining value of related assets, and are enforceable as per usual present customs.
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"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)
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