HOME, FOREWORD, SITE DIRECTORY AMENDMENT BLOG FORUM GLOSSARY TESTIMONIALS FREE NEWSLETTER CONTACT JOIN PFMPE™

mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

mike montagne's mathematically perfected economy™ BLOG

mike montagne at iMac.

YOU ARE VIEWING ARTICLES IN THE FOLLOWING CATEGORY (SELECT CATEGORIES FROM THE DIRECTORY, RIGHT):

To browse all articles, select the mathematically perfected economy™ category from the directory (right). Top and bottom links to 'earlier' and 'more recent' blogs will then include all content.

Mario Sikorski Updates Us On More Banking Mumbo Jumbo

http://uk.reuters.com/article/businessNews/idUKLS63299020080828?rpc=401

By Krista Hughes

FRANKFURT (Reuters) — Major central banks are working on new rules to bolster global liquidity flows in times of crisis by accepting assets denominated in foreign currencies, a Group of Ten central banking source said on Thursday.

They aim to address calls made more than two years ago for them to cooperate more — a recommendation that was issued again in a Financial Stability Forum (FSF) forum report in April.

Under the changes, commercial banks could be allowed to use euro-denominated collateral to borrow dollars from the U.S. Federal Reserve and submit dollar-denominated assets as guarantees for European Central Bank liquidity operations.

“The assets would have to be of high quality,” the G10 source said. “No firm decision has yet been taken.”

If there weren’t an inherent degeneration of “quality” (credit-worthiness) as interest irreversibly multiplies debt into insoluble debt, why the scramble to find further credit for existent assets?

RELATED EXTERNAL ARTICLES

“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)

COMMENT

You must be logged in to post a comment.

mike montagne — PEOPLE For 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 — PEOPLE For Mathematically Perfected Economy™

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 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED. TRADEMARKS: 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™, perfecteconomy.com. ALL RIGHTS RESERVED.

Firefox™.BEST VIEWED WITH MOZILLA FIREFOX™.


Search perfecteconomy.com     Search Web