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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.

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What should concern us is who stands in the way of solution, and why.

mike montagne

IS PROFIT DESTRUCTIVE TO INDUSTRIAL SUSTAINABILITY, AS IS INTEREST?

As the system crumbles under its inherent, irreversible multiplication of debt, more and more of us decry one irregularity or another as the cause of failure. We will never get beyond this if we don’t keep every irregularity in its rightful place. That means accountable development of assertions in all cases. This article responds to the recent assertion that profit in capitalism is as destructive as interest.

Industrial profit does not necessarily multiply itself indefinitely whether we have a want for the product or not; whereas a currency subject to interest obligates us perpetually to replenish a vital circulation of the costs of servicing debt which we pay out of the general circulation. Interest therefore perpetually multiplies the sum of debt in proportion to a vital circulation until we suffer a terminal sum of debt together with an inability to borrow further ??as remains necessary to maintain the vital circulation. All this of course is the nature of the present, so called “credit crisis.” But as you see then, it is certainly not industrial profit which can truly be accounted for inasmuch as being fatal to the system.

a)?Potentially legitimate “profit,” b)?illegitimate or unearned “profit” (which I assume you are referring to), and c)?inherent, irreversible multiplication of debt by interest, therefore are hugely disparate in both potential escalation and in related destructive consequence. Even if we depend on the product taking unearned profit, it has no irreversible and inherently self-escalating power to take from us, regardless even of what we can afford.

To be clear, “profit” can either be viewed as our wage for actual production; or, others view it as whatever can be taken, even above just wages. If you’re complaining about the latter, yes, this is destructive as well.

But the omnipotent destructive power is the nature of the currency, because it is to the mere publisher of the virtually costless currency in which our first and foremost obligation exists; because the process of multiplication of debt in proportion to the obligated circulation is irreversible so long as we maintain a vital circulation; and because the process therefore is inevitably terminal.

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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)

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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.

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