it is their right, it is their duty...
PEOPLE For Mathematically Perfected Economy™ (PFMPE™) : mathematically perfected economy™ (MPE™) is the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a vital circulation, engendering inevitable systemic failure at a finite system lifespan defined by an inevitable, terminal sum of insoluble debt. Mathematically Perfected Economy™ is every prospective debtor's right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.
WHY NOT NATIONALIZE THE PRIVATE FEDERAL RESERVE?
Wednesday, November 12, 2008
WHY NOT NATIONALIZE THE PRIVATE FEDERAL RESERVE?
For many years, many people have asked, why not nationalize the so called Federal Reserve?
The principle fault of this notion is that nationalizing the pretended public institution would not eradicate its principal fault. That is, a currency subject to interest will still multiply debt into terminal debt.
Nationalization further carries with it a connotation akin to socialism. Even as the central banks of the world have never produced anything, and therefore have earned no wealth, nationalization (wrongly or rightly) implies confiscation of duly earned wealth, and subsequent ownership of vital processes by the state.
In mathematically perfected economy™, there is no such ownership; there is only the obligation of the state to maintain consistent accounts as is now performed by private banks. No currency is ever owned by the state via mathematically perfected economy™; on the contrary, the circulation is merely retired, and passes out of existence, when the obligations of debtors are fulfilled. Even as it might accumulate reservoirs of taxation (extrinsic to the economy), the state holds the same position as each individual in mathematically perfected economy™; it, like the individual, can only own currency it effectively earns (unless we allow the state to confiscate wealth it does not deserve, which is not a function of the economy).
Effectively, converse to the obfuscated concept of "privatization" of the currency by a private central bank pretending to be a federal institution, mathematically perfected economy™ is a privatization of the currency in which the currency is comprised of the very promises to pay of each debtor. In other words, mathematically perfected economy™ merely replicates the natural situation, in which debtors issue promises to pay to their actual creditors, who are the producers of the subject wealth.
Usury on the other hand is an usurpation of this arrangement, wherein a "central bank" pretends to be the creditor, issuing the promises to pay of all debtors, to the real creditors (producers), at virtually no cost to itself, and yet charging us interest, as if the promises represented earned wealth of the central bank. By this obfuscation that purported risk justifies interest, we are forced in turn to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, with the sum of debt thus perpetually increased by periodic interest, in proportion to our means, until the sum of debt is terminal.
As none of the meager, actual apparatus of the private Federal Reserve therefore is implemented in an eventual, just economy, there is no need whatever to take over its assets, except to restore to the people what has been taken from them via usurpation, and this means of exploitation.
So this is the only reason to nationalize the private Federal Reserve; and the great danger of the coarse idea of simply nationalizing these many private entities is, that this preserves an inherently terminal process which is only solved by mathematically perfected economy™.
We only need to do two things to solve all the issues of the imposed, pretended monetary systems; and these are 1) to eradicate interest, and 2) to schedule payment of debt by the rate of consumption/depreciation of the related property.
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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)
© COPYRIGHT 2009, by mike montagne and PEOPLE For Mathematically Perfected Economy™.
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Gross National Public Debt Clock
"National debt," perhaps better said to be "federal debt," refers only to public debt accumulated by the federal government. National debt does not include the even greater sum of private debt, or further public debt accumulated by state and local governments.
PER CAPITA, THE CURRENT FEDERAL PUBLIC DEBT COMES TO APPROXIMATELY THIRTY-THOUSAND DOLLARS.
FIGURED AT THE ROUGH SCALE USED BELOW TO DETERMINE RESPONSIBILITY FOR PRIVATE DEBT, THE AVERAGE FEDERAL DEBT WOULD BE ROUGHLY $93,750 PER ELDER ADULT MOST RESPONSIBLE FOR THE ACCUMULATION OF FEDERAL DEBT. BUT LIKE PRIVATE DEBT, THE UNDUE BURDENS OF THIS SHARE WILL SIMPLY BE SADDLED UPON YOUNGER GENERATIONS.
PER CAPITA U.S. PUBLIC AND PRIVATE DEBT
Estimates of the sum of private and public U.S. debt together, accounting for potential Social Security and Medicare liabilities as of November, 2007, run as much as more than $96 trillion; or $320,000 per capita even for infants; OR AN AVERAGE OF ROUGHLY HALF A MILLION DOLLARS PER ADULT.
THIS EQUATES TO ROUGHLY $1 MILLION PER ELDER ADULT, MOST RESPONSIBLE FOR ENGENDERING THIS DEBT.
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PEOPLE For Mathematically Perfected Economy™ is the original and only bona fide solution to the world's imposed, falsified economic systems. On November 7, 1998, tens of thousands of voters designated PEOPLE For Mathematically Perfected Economy™ a Starting Point HOT SITE. Since the early 1990s, even while subject to extensive imitation and plagiarism, we have served up to hundreds of thousands of visitors per month, from all parts of the world.
DONATIONS FROM JANUARY 1979 TO APRIL 2008, $0.00!!! My great appreciation to Max Demarzi and I Young, who have since donated $100 and $50 respectively. You know, $1, $2, $3 is cool. If everybody did that, we wouldn't have any trouble at all maintaining this effort !
While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.
There is no other solution. Regulation can only temper an inherently terminal process.
If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.
Copyright 1979-2008 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.
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