In the very same way, your understanding of interest is critical; and if the age we are seeing end has a purpose, that purpose is that you understand interest is usury, and that usury is a pattern which much like Kondratiev asserts, collapses every system of usury until we solve the simple fact usury is a process of inevitable collapse.
That’s why Kondratiev had a pattern to observe.
Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.
John Locke, 1690
THROWING DOWN THE GAUNTLET ON THE GOLD STANDARD (AGAIN)
In a former Ron Paul Meetup forum, a forum correspondent writes only:
Pass it on…
In a campaign of quantity versus quality, the so called Ron Paul Movement has bought up every conceivable domain name only implying whatever Mr. Paul and his family of “Austrian Economists” merely claim is “sound money.”
While even Benjamin Franklin long ago (at the age of 23) substantially invalidated the gold standard, and while my work for the last 30+ years emphatically invalidated Mr. Paul’s arguments long before he chose to persist in them, Mr. Paul himself of course has refused to answer once to these arguments in twenty years.
But so, twenty years of evasion therefore establish some unknown prospect or even possibility of returning to the gold standard?
To perpetually assert what is not solution is a perpetual affront to solution.
Thus I reply:
In my opinion, these late comers to the anti-privatized currency movement, who keep advocating gold despite its obvious faults and impossibilities, are hugely at fault for perpetually infusing public confusion.
There’s a claimed $70 b of monetary gold on hand at the U.S. Treasury ??and China, who we owe many times that, has spent much of the last year going after it.
Thanks in fact to the improprieties which gold standard advocates will not answer to, in fact we presently owe many times all the gold in the world. The mere dream of a return to the gold standard therefore is no more than the brain child of the brain dead.
But even more to the discredit of its inept assertions, the “gold is money” movement has been for profit from the beginning ??to itself coin unconstitutional money.
Moreover, its ostensible premises were invalidated before it started: Ron Paul, Edwin Vieira, and its other heads were apprised so when some of them asked for my blessing from the very beginning.
All the monetary gold in all the world will not sustain but a fraction of present industry ??even of the relatively little industry surviving the present, monumental multiplication of artificial world debt.
Gold therefore will not even solve our debts, should we be so stupid as to further give up the world’s gold for those artificial debts; nor would a return to gold even allow us to continue servicing those artificial debts: Present commerce, obligated to continue servicing present sums of debt, would immediately collapse if the world’s circulations were immediately restricted to what is redeemable in the world’s monetary gold. This preposterous idea therefore ??already proven a failure a hundred years ago ??merely appeals to simpletons too lazy or self deluded to understand the real problem and rectify it.
Incredibly costly tokens of value are not a blessing: They instead are an incredible misconception which has not staved failure before, and will not stave failure again. It isn’t the cost of the currency which will save us from multiplying debt. It is rectifying the nature of the currency ??adopting the one form of currency which cannot and will not devalue.
So if instead we held fast to that principle, then there would not even be a need for the idea of a purported (invalid) capacity to redeem the currency with a finite quantity of a mere material, the quantity of which we have over and over again outgrown. When the music stopped playing under any gold standard ??none of which have staved failure ??just as it will tomorrow… there weren’t enough chairs.
Nor of course will gold arrest multiplication of debt by interest.
What you should study therefore is the people behind this movement, who are largely “Austrian Economists.”
They believe math cannot be applied to “economics,” not for analysis, not for solution, not for projection.
Instead of recognizing the inherent, irreversible consequences of “interest,” they advocate interest ??which multiplies debt in proportion to a vital circulation, as it compels us to replenish the circulation of interest and principal by perpetually re-borrowing interest and principal as subsequent sums of debt, perpetually increased so much as periodic interest.
What do they want then, but to be the private bankers collecting that interest, saying gold will save you from them?
Why won’t Ron Paul answer to the proposition of mathematically perfected economy?? Because he can prove anything else will solve inflation, deflation, and perpetual multiplication of dispossession and debt, by interest?
For crying out loud, [person’s name], usury on such a scale is perhaps the greatest possible crime on the scale it is presently exercised. The wars we are fighting, when it comes down to it, are fought over usury. The American Revolution was over usury. And these advocates of a gold standard which has never saved you and will never save you, want to preserve usury.
Think about that.
This is the solution:
These are the issues of Legality and Rectitude:
- [?CRITICAL LEGALITY?]??EVALUATION OF JEFFERSON’S OPINION ON THE CONSTITUTIONALITY OF A NATIONAL BANK
AND THESE ARTICLES LONG AGO INVALIDATED GOLD, THE ASSERTIONS OF GRIFFIN, ETC.:
- [?KEY?]??ABOUT INTEREST, KEY TO THE CYCLE OF USURY: ‘IT’S THE INTEREST, STUPID, IT’S THE INTEREST’
- [?KEY?]??WHY AND HOW PRECIOUS METAL MONETARY STANDARDS [THE GOLD STANDARD] CAN ONLY FAIL. WHAT IS SOUND MONEY?
- [?KEY?]??THE PURPORTED QUESTION OF WHO SHOULD ISSUE THE CURRENCY ??WHO WOULD LOAN MONEY IF IT WERE NOT SUBJECT TO INTEREST?
- [?KEY?]??DOES RISK JUSTIFY SUBJECTING THE FEDERAL RESERVE NOTE TO INTEREST (USURY)?
- PURPOSES OF THE DECEPTION THAT INFLATION IS CONTROLLED BY INTEREST (USURY)
- WHY INFLATION ITSELF IS A LIE; WHY IT IS IMPOSSIBLE TO SOLVE THE REAL CONSEQUENCES OF A CURRENCY SUBJECT TO INTEREST
- DETERMINING THE VALUE OF MONEY, PROPERTY, AND PRODUCTION
- [?KEY?]??’MPE? 102′ ??’FIAT CURRENCY.’ WHAT ABOUT IT?
- [?KEY?]??’MPE? 103′ ??HOW MUCH MONEY TO CIRCULATE ‘OUT OF THIN AIR’?
- [?KEY?]??’MPE? 106′ ??’MONEY OUT OF THIN AIR’: IT IS NEITHER AN OFFENSE OR DISADVANTAGE THAT TOKENS OF WEALTH COST NOTHING
- ‘MPE? 108′ ??CIRCULATORY INFLATION AND PRICE INFLATION EXPLAINED
- ‘MPE? 109′ ??CIRCULATORY DEFLATION AND THE CONSEQUENCES OF DEFICIENT CIRCULATION
- ‘MPE? 112′ ??NATURE OF MONEY IN MATHEMATICALLY PERFECTED ECONOMY?
- [?VITAL MODEL?]??PARABLE OF PERFECT ECONOMY ??HOW USURY COMPELLED THE AMERICAN REVOLUTION
- [?CRITICAL HISTORY?]??Congressman Louis T. McFadden before the House of Representatives, June 10, 1932, in the midst of the first Great Depression
- Why Pre-MPE? Austrian School Dogma Can Never Solve Our Issues
- FATAL FLAW OF AUSTRIAN SCHOOL ECONOMICS ??COMPLETE REJECTION OF MATHEMATICS?
- REGARDING INTEREST THEN, DOES AUSTRIAN SCHOOL ECONOMICS NOT HAVE TITLE TO LIBERTY AND RIGHT REVERSED?
- [?POPULAR EXAMPLE?]??William B. Ryan Kent State University Capital Ownership Group Forum Ad Hominems Disprove Mathematically Perfected Economy??Or Academia Inadvertently Validates Mathematically Perfected Economy??
- What’s Wrong With Ron Paul and Milton Friedman’s Idea To Stop Expanding The Money Supply?
- Invalidation of G. Edward Griffin’s Creature From Jekyll Island Obfuscation Of The Need To Re-borrow Interest To Maintain A Circulation
“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 2008, by mike montagne and PEOPLE For Mathematically Perfected Economy?.
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