Why Invalidate All Contending Monetary Propositions?
Look around you as the smell rises from your gutted country and all the facades of usury fail. Notice one thing: When things turn sour, what are usurers compelled to do?
To save the hour for the last further iota of unearned taking, they are always, always, always compelled to restrain interest.
Ah... and when they can no longer think to suffer their cost of reducing your interest further, they will condemn you to a vanishing circulation which you can no longer afford to replenish by sufficient further borrowing. And that's when meeting their interest makes sustaining the necessary commerce impossible.
So no, "It's not 'the economy,' stupid; it's 'the interest.'"
It's the interest. It's the interest. It's the interest.
mike montagne

Ideals, like real principles, never expire. Hope is eternal then because one of us will desire rectitude, and because so long as one of us will, oppression will be repulsed.
The progress of humanity is inevitable because in the scheme of all things, allowing its fruition is a mere matter of listening to our greatest gifts. Why then ever resist positive change; and why ever delay positive change for a single moment?
Tuesday, May 20, 2008
Why Invalidate All Contending Monetary Propositions?
The reason we are forced to invalidate flawed, competing monetary propositions of course is to distinguish and expedite real monetary reform.
If we are to achieve solution, every engineer of a proper economy, every representative of the people, and every duly responsible citizen must understand how flawed propositions cannot serve us. Careful evaluation is obligatory, only because the very authors haven't performed the work their competing propositions pretend. Without a word advocating eradication of interest, without a word just how, and claiming to resurrect "The Lost Science of Money," the author of the so called "American Monetary Act" for instance (2004), claims outright that AMA "resolves the current banking crisis." In his PDF on his American Monetary Act, Mr. Zarlenga even borrows a much complained term I introduced in 1979 ("interestbearing debt"), while his discussion avoids the mathematic construction of perfected processes which result in mathematically perfected economy™. Of course, that mathematic construction would be plagiaristic unless Mr. Zarlenga showed how it developed a different solution for inflation, deflation, and multiplication of debt by interest; but if the whole critical ramifications of interest regarding these solutions are even avoided, why even borrow (or invent) the term "interestbearing debt," then?
The reason we can invalidate all contending monetary propositions rising perpetually in the wake of mathematically perfected economy™ is that there is one and one only prescription for true economy without 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt by interest for private, unearned profit, at the ultimate cost of the systemic failure now before us.
To divide us from real solution of the world's false, imposed "economies" therefore is a gravely serious matter. The very possibility of restoring representative government hangs in the balance. Billions of people around the world are severely compromised by usury. At this very moment, hundreds of millions are artificially deprived of our own production, to impose the money changer's justice of starvation. But it is all the injustices of inflation, deflation, and interest which false solutions succeed only in perpetuating.
Because the two principal things we are solving are so simple (1, 3), all of us should be able to see our way through these many false propositions, because we only need to understand why we must eradicate interest (3), and that there is one and one only cycle of introducing and retiring circulation which preserves the remainder of economic objectives (1).
The singular solution to inflation and deflation for example (1) is absolute, straightforward and elementary: the only way to maintain a circulation which neither increases or decreases in respect to the value of related goods and services is to introduce equivalent circulation with the goods and services, and to pay off a resultant obligation, which is no more than the original value of the goods and services, at the rate of depreciation/consumption. Likewise, the only way to avoid multiplication of debt by interest (3) is to eradicate interest. Finally, as monetary systems only have the power to manipulate the cost or value of money or property via inflation, deflation, and/or interest, the combination of our first and third solutions solves the entire remainder of problems, which inherently fall into the category of systemic manipulation (2).
RULE OF THUMB
Plainly then, if a contending purported solution a) tolerates interest, or b) fails to impose the one cycle of introduction and payment which solves inflation and deflation, then the competing proposition is no solution whatsoever. This is the only necessary rule of thumb for determining the imperfections of a monetary system.
Because a handful of supporters of some of the contending propositions have complained, this is also the time and place to set the record straight. In many (if not all) cases of recent propositions, authors of contending sites have proposed alternate theories after having visited these pages, without even refuting the proposition that there is one and one only prescription for mathematically perfected economy™. At best then, for whatever worth, they offer a cherry picking of the same or some further history, still without plagiarizing the bona fide science which would take us where we really have to go.
Their works therefore invite these rebuttals because they choose to perpetuate the problem, versus attesting to its singular solution.
RELATED REFUTATIONS/REVIEWS OF CONTROVERSIAL MONETARY PROPOSITIONS
"To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)
