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.


The process of deception has to be conscious, or it would not be carried out with sufficient precision, but it also has to be unconscious, or it would bring with it a feeling of falsity and hence of guilt.... To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just so long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies — all this is indispensably necessary.

George Orwell, in "1984"

Thursday, April 17, 2008


Monetary propriety does not simply exist in some ostensibly magic or aloof form of money or substance.

As in any accounting, a monetary system's pieces must match in all ways what they are intended to represent. There must be enough of them to represent all the things the pieces are intended to represent. The pieces must be inert, and the only pieces must be those inert pieces; the vital tokens cannot be transformed or obligated to further processes which can upset the propriety or representation in the least way.

According to obvious purposes, advocates of a central "banking" system cannot impose usury upon a republic by disclosing its consequence — that interest can only perpetually and irreversibly multiply debt until we succumb to an inevitable, terminal sum of debt. Perpetual deception is an obligation of the deed; and so we can hardly look to the evil works of usurers and takers of unearned gain to learn from them rather than ourselves, the nature of a monetary system which serves true, just, free enterprise.

What they say are "free markets" for instance are mere descendants of ancient forbidden arenas, where upon subjugated enterprise, they further prey until the last possible cent of unearned taking is pitted against the unearned taking which must bow to all other manifestations of unearned taking... namely, "interest."

In the mortal moment when the force of one or another form of unearned taking must unfold against the one form which will be enforced above all, the central "bank" gives the thumbs up or thumbs down to the victim. Shall they die? Shall we own them outright? Then maintain interest; raise the price of a vital commodity owned too only by usury or further unearned taking. Shall they live, that we "the bankers" can take from them another day? Necessarily then, lower interest as the weight of the amassing sum of artificial debt would otherwise perish them; let "our" commodity take their last pennies from them, that they must borrow yet another day.

mike montagne


Good question. Forbes is constantly putting a positive spin on EVERY consequence of what they too, falsely call 'economy.'

Forbes is an exemplary propaganda machine. Rising prices — which are costs, and which moreover, are rising *financed* costs not even reflecting the whole obligation to pay — are presented as profit. All you can get for your $900,000 home built in 1963 for $35,000 is another $900,000 home built in 1963 for $35,000. What you've paid in some 40 years for that stupid asses' $35K home is something like $2,000,000. And this is to your advantage?

Then when the 'housing market' collapses, they spin it as 'a buyer's market.' Again, they paint the opposite as an ostensible advantage. Like you can get on a crashing train for less than the guy in the front car, who was just killed by what hasn't reached you yet.


As the world of the capitalist untouchables crushes ours, it is vital to understand that it is not the collapse of a thousand Enrons which brought us down. It is the very adversity to understanding which has allowed the destruction of our commerce, for if the people of the world merely endeavored to understand true economy, no usurer could prevail for a moment; no political pretender could deploy their office to serve usury; and no media would be owned by the very usury system itself, that you may never understand usury.

It is the nature of their adverse system which your usurers would never have you understand. Your very understanding is their greatest fear, for they spend a great portion of their stealings from you to generate and to perpetuate a great, expensive facade that no problem exists.

Knowing even this, many say mathematically perfected economy™ 'will never be allowed.' No, mathematically perfected economy™ is inevitable, because usury can only fail; because usury only sows injustice; and because there is only one solution to usury. When soldiers return from foreign wars raised under guises so that even the victims of usurers will fight to establish yet another compliant central bank, and when those unwitting victims lose their own home to bankruptcy, they shall wish with all their constitution they had listened sooner and acted together to dissolve usury forever.

And when that day comes, under every rock you will find hiding usurers, advocates of usury, phony "economists"... all the seekers of unearned profit who knew not even how to limit their great crime against us.



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, until their children wake homeless on the continent their fathers conquered.

As such pressures bear on the real producers of all wealth who are thus deprived of it, advocates of their arena of unearned taking say not as every penny is stolen, but as failures of every kind arise, that all the transformation is natural. They say "money market" managers or other enemies of true free enterprise can "make errors"; they say that wrong estimations of how much to steal from us are natural occurrences; they say the instabilities imposed are necessary "corrections"; they say that stability, which can only be perpetuated by due reward for work, is itself unnatural.

But it is the orgy of unearned taking which is unnatural, inconsistent, and evil as evil can be... even if all the practice is a daily, wholly involuntary sacrifice to them, and thus the only thing which seems in the least way to make it "natural," is that it was practiced upon us yesterday, and the day before, and the day before that as well.

What true producer of wealth would ever seek unearned taking from their production, merely for the sake of unearned taking?

If we did approve of such a thing all of us together, who would seek to do work? Or would the last grain of rice be withheld to unearned profit, even as the people of the earth in turn could only starve?

A republic raising only designs which serve the people, has but one purpose for currency; and that is inert, representative tokens of earned wealth.

Because money is so conceived by its users to serve strictly as a token of value, and because this would be a natural and incontrovertible intention of a republic, a currency is naturally expected to be perpetually redeemable in the very things of value it was first intended or understood to represent. But even if we did not understand this, the integrity of money hinges on consistent representation of value from moment to moment.

A morphing currency therefore lacks vital integrity; it either appreciates or deteriorates to our disadvantage; and so without a means of ensuring that the original value of a currency is retained across all time, an imperfect monetary system paves the way for either purposed manipulation, or incidental, adverse transformation of the cost or value of money or property.

Because a republic can, and because a republic obviously is attempting to perfect these irregularities, transformation of value is always purposed, and opposed to the decent objects of humanity; and so it is vital for us to understand that the purposed transformation of value is always injurious to subject people.

If we save for instance and the value of money diminishes, then the transgression is that saved money becomes relatively worthless. If on the other hand the relative value of money increases, this injures property holders, because likewise, a penalty is paid for holding property.

In the purposed lies for taking and taking and taking of one or the other, the usual, first case of injury is falsely promoted by praising artificial appreciation of property values: while your money and work are made ever more worthless, the costs of homes for instance are financed to the full measure of debt you *might* be able to support, that your marginalization multiplies the unearned profits of usurers to the greatest degree possible. Instead of paying for a $100,000 home with an equal measure of perhaps a year's work... two or eventually even more breadwinners barely meet the interest of imposed mortgages across lifetimes of dispossessed employment. All for the sake of unearned taking from us, we pay lifetime after lifetime for our very own production, instead of being permitted the true freedom to exchange an equal measure of our own work for the work of others.

No such "monetary" system serves us. We do not benefit from the ostensibly "appreciating" value of homes which in truth only depreciate across their lifetimes. The "appreciating" thing is cost; and if we look, what do we find but that the exact amount of "appreciation" matches what borrowings we can service, that all our potential income is marginalized to the benefit of unearned taking from us?

"Magic appreciation," indeed.

As a further testament to irreverence, the opposing case of injury is freely promoted by the exact contradiction of the first lie. When the takings exceed the suppliers of wealth to the "free markets," the producers of course stumble under the weight of the takings; and as the ceiling of serviceable debt falls in this while, the takers urge you on exclaiming the wonder of the sudden emergence of "a buyer's market."

All the while the opposite cases are praised, both serve to perpetuate the taking of either money or property from you to the maximal degree possible. All the while, the overall sustainability of the whole lie is pitted against multiplication of debt in proportion to the circulation. Ever more of that circulation is dedicated to servicing debt, versus sustaining commerce. Thus the commerce, which is obligated to service an artificial sum of debt perpetually multiplying in proportion to it, is eventually obligated to do the impossible.

So the unearned taking itself is not even sustainable, because ultimately an artificial sum of debt is engendered which can no longer be serviced.

Yet in the issues the lies purport to address, both positive and negative transformations of the cost or value of money or property therefore always purposely transgress against some subject of the system; and so if original principles of valuation are just, a monetary system which does not preserve the value of money is inherently unjust.

Most of all, so long as interest exists, the purpose of the purported monetary system is to take by multiplying indebtedness.

The greater the insoluble debt, the greater the perpetual costs of servicing the insoluble debt; or the greater the perpetual stream of unearned profit.

The only necessary device to this ancient forbidden graft is to usurp an unassented authority over the people. That necessary, inherently false authority is the power to issue the people's own promises to each other.

While the usurper only absorbs the costs of publishing our promises to pay, the false proposition that risk justifies interest is held forth to justify the way to collapse under insoluble debt. As we must maintain a circulation to service debt, then debt and unearned profit from costless promises to pay multiply all the further as we are forced to re-borrow interest and principal as subsequent sums of debt, increased perpetually so much as periodic interest. Finally then, as this is to multiply debt in proportion to our means of servicing debt, the weight of an eventual sum of debt exceeds us.

That day of course is now near; and so the whole purpose of any due effort is to raise a solution which in fact is singular, because there is one and one only way to eradicate inherent multiplication of debt in proportion to means, and because there is one and one only way to maintain a circulation which is always equivalent to the things of value we intend it to represent.

Can and will a gold standard protect us then from these and other injustices?

No thesis and no history establish a precious metal monetary standard is even capable of protecting us from the critical injustices the present material raises.

Worse however, while the gold standard can neither save us from further multiplication of debt or rectify the other issues before us, simply re-invoking the gold standard would pave the way for immediate loss of "our" monetary gold, for already twenty years ago, the perpetual process of multiplying debt had plunged us from the greatest creditor nation in the world to its lowliest debtor nation. For the very purposes of the lie, "our" currency is now held in immense quantities across the world; and thus even if "we" held gold for money instead of paper, our inevitable collapse under perpetually multiplying indebtedness therefore will mean giving up the last of our former gold, rather than the last of a mere paper, as we tolerate the imposition of a Second Great Depression.


One thing and one thing only endows currency with consistent value across its lifespan, and that is commitment of every cent of the circulation to pay *just* for that portion of the value of the original asset for which that circulation was issued. Nothing else ensures that the currency rightly, eventually disappears from circulation representing the very consumed thing it did as part of the circulation.

This too concurs with our need to solve inflation and deflation, because only a circulation arising, existing, and disappearing from the circulation in such supply as the value of the assets it is intended to represent therefore delivers all of our objects of a proper monetary system.


A gold standard or silver standard or any other finite, alternate "standard" akin to a precious metal monetary standard therefore can only fail altogether to sustain commerce requiring a greater circulation, to endow the circulation with truly consistent value, and to avert catastrophic failure as an inevitable consequence of interest:

  1. The finite quantity of any honored such standard cannot sustain industry requiring a circulation greater than available monetary reserves;

    Inevitable deficiencies regularly compromise/degenerate the purported standard into a fractional reserve.

  2. There is no fixed linkage between circulation, the potential value of existent property or services, and the declared monetary value of currency;

    Thus the purported standard imposes perpetual inflation and deflation in fluctuations of the ratio of circulation to wealth, much like the very improprieties it purports to address.

  3. Alternate standards such as the gold standard have no power whatever to arrest multiplication of debt by interest.

    As only eradication of interest arrests artificial multiplication of debt by interest, the gold standard is even wholly redundant to this purpose.

In the first two cases then, the gold standard is actually an obstruction to the very thesis of monetary propriety; and in the third it is wholly redundant.

Thus, not only is there no need or use for a gold standard whatever; in the first and second cases the gold standard is substantially damaging, and in the last it is nothing but a delusion that it can protect us from the worst calamity of all.


At the close of the American Revolution, the founders sought to overcome as never before a host of some of humanity's most difficult issues.

Whatever reasons obstructed their perfection of economy are not even yet entirely clear; but at the same time it is clear that Thomas Jefferson not only verges on discerning mathematically perfected economy™, but that he recognizes the process and consequence of inherent, irreversible multiplication of debt in proportion to means, when he tells us that if we ever allow the banks to issue a currency which inherently then is subject to interest, that a combined process of inflation and deflation such as is obligated in maintaining a circulation of such a currency, shall deprive us of ever more of our property, until our children will wake homeless on the continent the founders had conquered.

Jefferson tells us that the Constitution was imperfect in regard to the gold standard; and that the leeway granted for private 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."

He thus meant for us to understand that we were to solve these issues, and to cement that solution to the Constitution.

The gold standard after all is a far cry from a monetary system. It doesn't even prescribe how, when and why money should come into and out of circulation. The constitutional gold standard in fact is at most no more than a last ditch device of final resort.

The constitutional gold standard simply provides for legal tender (paper, coin or other forms of "money") to be redeemable in pre-defined quantities of gold or silver. Any form of currency can serve as legal tender, so long as provisions ensure it can be redeemed in the specified quantity and substance of the monetary standard. But in so doing, it precludes sustaining circulations which are necessary to sustaining commerce exceeding monetary reserves, and it therefore imposes effective inflation and deflation in precluding a circulation which can respond to the creation and expiration of wealth in excess of monetary reserves.

It thus at once intends to protect us from what it acknowledges is a lack of a perfect monetary system. At the same time it imposes such imperfections upon us; and, if it is interpreted to tolerate interest, then it further paves the way for the very process which will itself ensure the failure of the monetary system to represent the people.

Thus the gold/silver standard never comprised the safeguards it was intended to comprise, and in its coexistence with private currencies, it left the door wide open to the worst ramifications of usury.


The dream of returning to a gold standard is more bankrupt than its failure to perceive how "interest" would swallow all the gold we might circulate. Even without usury, an honored standard precludes both sustaining exceeding industry or representing the potential wealth thereof — imposing the very improprieties for which its advocates suppose it serves them.

Is it even possible to benefit if some day homes might have to cost only a speck of gold dust? Certainly not if we owned or were committed to paying against anything of value before what price it might otherwise fetch fell so artificially; certainly not if earnings can only diminish likewise; and certainly not if the monies to sustain new industry can never be made available in the first place.

If a monetary system's pieces must match in all ways what they are intended to represent, then they must come and go from circulation as earned wealth comes and goes from circulation. If there are always enough of them to represent all the things the pieces are intended to represent; and if the pieces must be inert, then they cannot represent interest, and therefore they can always be redeemed in the very thing of value which they do represent — which of course eliminates the purported need for alternate "monetary standards" which are powerless too to serve these purposes.

The only "sound money" therefore is free of interest/usury. It represents only earned wealth; it is introduced to circulation with the appearance of new wealth; and it is paid out of circulation at the rate at which the wealth it represents is consumed.

Which of course is mathematically perfected economy™.

"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.

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