the mpe: an economy without boom, bust, inflation and debt, steady state growth without undue wealth...

7/31/2019 The MPE: an economy without boom, bust, inflation and debt, steady state growth without undue wealth concent

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AMATHEMATICALLY

PERFECTED

ECONOMY

(MBE)

A glossary on a usury and interest free financial system

By People for a Mathematically Perfected Economy


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MATHEMATICALLY BALANCED ECONOMY (MBE) Page 2 of18

No Copyright breach intended, for study purposes only

Credit: People for a Mathematically Perfected Economy site

it is their right, it is their duty...mathematically perfected economy (MPE) 1 :

the singularintegral solution of 1) inflation and deflation, 2) systemic manipulation of thecost or value of money or property, and 3) inherent, artificial multiplication of debt intoterminal systemic failure;

2 : every prospective debtor's right to issue legitimate promises to pay, free of extrinsicmanipulation, adulteration, or exploitation of those promises, or the natural opportunity tomake good on them;

3 : our right to certify, to enforce, and to monetize industry and commerce by this onesustaining and truly economic process.

GLOSSARY


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GLOSSARY OF TERMS

Generic terms are indicated in blue.

Terms introduced by the present discipline are indicated in red.

TERMS

artificial sustention : artificially [and temporarily] sustaining an interest-bearingmonetary system beyond its legitimate capacity to sustain itself only to a maximum

practical lifespan.

Inherently, artificial sustention requires replenishing a circulation to maintain vitalcirculatory volume, by means which the subject system cannot afford to service.

The potential method of artificial sustention is untended/unserviced accumulation ofinsoluble debt, beyond the capacity to service already terminal sums of debt. In amonetary system subject to interest, and in the final stages ofinherent multiplicationof debt which necessitate artificial sustention for instance, public debt is accumulatedpotentially far beyond the means of subject commerce to service the whole of publicand private debt.

The temporary remedial effect purposely evades addressing the cause ofinherentmultiplication of debt by interest, assumably for the purpose of further unearned gainat the cost of the subject system (as there is no other benefit of evading solution).

The effect of artificial sustention is to replenish the circulation to extents which areimpossible to a system already so marginalized that it can no longer afford both toservice its private debt and maintain a circulation by re-borrowing interest andprincipal to the full extent necessary to maintain the vital circulation.

Artificial sustention can only work so long as escalation of redundant programs andfunding by expansion of already terminal sums of debt can match and reach thesubjects of private multiplication of debt in time to sustend servicing private debt.Substantial bankruptcy, failure, and/or further escalation of private debt indicate thatthe practical limits of artificial sustention are exceeded, upon which the ultimate,terminal failure manifests upon the self destructive system.

Only eradication of interest can solve inevitable collapse as a consequence of inherentmultiplication of debt by interest. Particularly as this requires de-privatization ofimposed systems of usury existing under the guise of "banking," artificial sustentionand evasion of solution together certify pervasive corruption and/or usurpation of

purportedly representative government.


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balanced circulatory flux : circulatory flux which is neither inflationary ordeflationary; i.e. circulatory flux equal to the increasing or decreasing sum of wealth,comprehensive of consumption and depreciation, and resulting always in a circulationwhich is equal to the wealth the whole of the circulation is intended to represent.

Perpetually balanced circulatory flux is the unique and singular consequence ofmathematically perfected economy, because in mathematically perfectedeconomy, circulation is introduced as interest-free debt equivalent to the originalvalue of the wealth the circulation is intended to represent, and because the resultantinterest-free debt is paid off at the rate of depreciation or consumption of the relatedwealth.

Balanced circulatory flux is critical to the rectitude and sustainability which areunique to mathematically perfected economy, because balanced circulatory flux isproduced only by mathematically perfected economy, and because balancedcirculatory flux:

1. automatically regulates the circulation by the process of paying against theinterest-free debts ofmathematically perfected economy;

2. results in a circulation which is always equivalent to the wealth it is intendedto represent;

3. results in a circulation which is always redeemable in the very wealth it isintended to represent;

4. and therefore manifests in the only cycle of circulation which ensures thevalue of money throughout the lifespan of every unit of the circulation.

In mathematically perfected economy, balanced circulatory flux in conjunctionwith eradication of interest, makes it possible at all times for the subjects of thesystem to pay for each others' production with whatever they deem to be an equalmeasure of their own production.

circulation : volume or sum of money possessed by the general populace. circulatory commitment : dedication of any portion of the circulation to anything

beyond possession of the general populace. Under a currency subject to interest, anever greater eventually terminal circulatory commitment exists to service an evergreater sum of artificial debt, with the primary condition of this commitment resultingin diminished capacities to sustain industry and former standards of existence.

circulatory deflation : a decrease in the circulation relative to the wealth thecirculation is intended to represent.

circulatory flux : potentially increasing, decreasing, or static circulatory volumerelative to any comparative reference, resulting altogether from inflow (positive flux),outflow (negative flux) or neutral overall flux of money into and/or out of thecirculation.

1. circulatory influx : new borrowing above circulatory reflux, which increasesthe circulation.

2. circulatory outflux : interest and principal paid out of the general circulationin servicing debt subject to interest.


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3. circulatory reflux : the volume of interest and principal necessarily oractually re-borrowed back into the general circulation in order to maintain acirculation against circulatory outflux.

circulatory inflation : an increase in the circulation relative to the wealth thecirculation is intended to represent.

circulatory introduction [or introduction] : introduction of money to the circulationas potentially opposed to whatever processes ofcirculatory retirement. Circulatoryintroduction and balanced circulatory flux are vital to sustaining new industry orproduction and maintaining the value of money.

circulatory retirement [or retirement] : retirement of money from the circulation.1. In interest-bearing monetary systems, circulatory retirement transpires in a

process of paying principal and interest out of the general circulation, whichresults in inherent multiplication of debt by interest, to whatever degree the

subjects of the system are forced to maintain the circulation by re-borrowinginterest and principal as subsequent sums of debt, increased so much asperiodic interest.

2. In mathematically perfected economy, circulatory retirement transpires by aschedule of payment of interest-free debts at the rate of consumption ordepreciation of the related asset. Thus in mathematically perfectedeconomy:

1. there is no inherent multiplication of debt by interest;2. thus there is no systemic cause ofprice inflation;3. there is no circulatory inflation or deflation;4. the schedule of payment or rate of circulatory retirement automatically

maintains a circulation which is always equivalent to and redeemablein the very wealth the circulation is intended to represent; and theunique rate of circulatory retirement thus maintains a consistent valueof money.

currency : money, usually intended to be tokens of wealth. In a monetary systemsubject to interest/usury, it is impossible for currency to represent wealth, because it isnecessary perpetually to maintain a circulation in order to service obligations or

principal and interest exceeding the circulation (at most, principal), and because as acirculation is maintained necessarily by re-borrowing payments against principal andinterest obligations, the sum of debt perpetually increases so much as periodic intereston the increasing sum of debt; and thus ever more of the circulation is inherentlydedicated to servicing debt, versus representing the wealth or sustaining thecommerce which is compelled to service the multiplying sum of debt.

de-escalated depreciation, de-escalated rates of depreciation : diminishing rates ofdepreciation which are higher than the linear rate of depreciation in the initial phases

of an asset's lifespan, and lower in the later phases. By intention, de-escalatedcalculations match perceived consumption and remaining value across the lifespan,


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whereas linear depreciation only expresses the overall cost and rate of payment, theimplementation of which would make it unrealistically undesirable to purchasedepreciated property at periodic costs which would be indifferent from new property.De-escalated rates of depreciation therefore are intended to reflect perceived rates ofconsumption and remaining value which are generally consistent with the intentions

of purchasing an asset of any serviceable age.

Thus approved de-escalated rates of depreciation for various classes of propertyprescribe governing rates of payment under mathematically perfected economy,with the remaining balances and patterns of payment comprising appropriateinfluences toward buying new or aged property; for preserving existent property to thefull extent of potential service; and for consuming the full worth of property, asopposed to wasting wealth.

The following tables are examples of de-escalated depreciation requiring an initialpayment of 3% of a $100,000 home with a 100-year lifespan, and expressing periodicrates of payment as a multiple (Lin X) of the linear rate of depreciation:


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Column heading key:

1. Q : "quarter" of the lifespan (0...4);2. TO YR (END) : year (of the 100-year lifespan) in which the specified

period/rate of payment ends;

3. Lin X : specifies the rate of payment as a multiple of the linear rate ("Lin")times "x", with the linear rate for this example being our familiar $1,000 peryear or $83.33 per month;

4. ANNUAL : expresses the resultant annual rate of payment for the period;5. MONTHLY : expresses the resultant monthly rate of payment for the period;6. ACTUAL RED FROM PREV : expresses how many dollars per month the

rate is reduced from the previous rate per month;7. PERCENT REDUCTION : expresses what percentage the previous rate was

reduced for the subsequent period;8. BAL, END : is the balance at the end of the period (graphed);9. PCT PAID : expresses the percentage of the balance paid at the end of the

period.

The following chart graphs the remaining balances or values of these schemestogether:


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Being that original credit-worthiness certifies abilities to save as needed, furthermerits of de-escalated depreciation therefore are that it substantially insulates thegeneral society from both the causes and effects of potential downstream defaults, andthat it extends the potential ability to save and sanctity of savings by reducing theweight of obligations in later years of consumption.

Reductions of initial and downstream costs achieved by mathematically perfectedeconomy are simply consequences of eliminating exploitation imposed by thepresent obfuscated currency.


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Also see linear depreciation.

deficient circulation : a circulation which is insufficient to represent the whole ofrelated wealth, repay respective monetary obligations, and/or to sustain all practicalcases of the industry necessary to do so. A deficient circulation for instance is

insufficient to trade or to represent all monetized wealth at once, either by the fault ofinsufficient volume, or by dedication of the volume to extrinsic purposes such asservicing artificial multiplication of debt.

deflation : a decrease in circulation per goods and services, or a re-dedication ofcirculation or failure to introduce sufficient circulation, resulting in a deficientcirculation. Also see inflation.

excessive circulation : a circulation exceeding the remaining value of the wealth it isintended to represent. An excessive circulation can only occur where members of the

system receive monetary reward for nothing; and an excessive circulation is onlydemonstrated to exist where the circulation can be counted to exceed the sum ofwealth it ostensibly represents. In fact while traditional "inflation" is regularlyclaimed to be a cause ofprice inflation, practically all monetary systems subject tointerest exist in a perpetual deflated state, owing to perpetual payment of interest andprincipal out of the general circulation, the subtraction of which comprises more thanthe original circulation (principal), or the value of the wealth the circulation wouldotherwise be intended to represent.

inflation :1. the tradition/original definition is an increase in circulation per goods and

services.

The primary fault of this definition is that the purpose of the term is to giveunderstanding to a monetary system or purported economy, and there is noexplicit linkage given by the definition to "goods and services." In otherwords, in the monetary system of study, there may be no intention to maintaina circulation (sum of money) relative to some existent wealth. If we are tounderstand such monetary practice relative to the sense the term inflation isintended, then the term introduces ambiguity and erroneous deductions unlessit explicitly refers to the wealth the circulation is intended to represent.

In other words, without this explicit linkage, in some cases "inflation" wouldrefer to an increases in circulation per all wealth, where there is not even anintention that the circulation represent all wealth (which may introduce faultswhich therefore are not attributable to "inflation"); and in other cases"inflation" would refer solely to increases in circulation per the whole ofwealth, which is the wealth the circulation is intended to represent.

As the latter case is the only intended connotation, PFMPE refines theoriginal definition to an unequivocal term, "circulatory inflation," so that otherrelevant terms can distinguish explicit attributes.


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2. Webster's 1975 Collegiate Dictionary gives a further, more recent re-definitionad "an increase in the volume of money and credit relative to available goodsresulting in a substantial and continuing rise in the general price level.

A further fault of this contemporary definition is that the connection betweenincreases in the volume of money (all of which is usually credit) and prices isonly supposed. Not only is there no proven theorem that increases in thevolume of money relative to available goods/whatever incontrovertiblyengenders increasing prices, On the contrary, in the usual system of reference,as the money is subject to interest, the only systemic cause of rising prices ismultiplication of debt by interest, which is an inherent, irreversible, andperpetual consequence of being forced to maintain a circulation by re-borrowing payments against principal and interest obligations as subsequentsums of debt, increased so much as periodic interest.

To distinguish the faults of this consequence, PFMPE introduces the term,"price inflation."

inherent multiplication of debt by interest : in an interest-bearing monetary system,inherent, irreversible multiplication of debt is engendered because it is necessary tomaintain a circulation to service monetary obligations which exceed the circulation,and because in practical cases, because the monetary system itself cannot consume theentire production of commerce plus interest across the lifespan of the system, debtincreases perpetually as much as the subjects of the system are thus compelled to re-borrow payments against principal and interest obligations, as subsequent sums ofdebt, increased so much as periodic interest on debt.

insoluble debt : a dynamically ever more damaging disposition of indebtednesscharacterized by interest-bearing monetary systems, in which from their beginningsmonetary obligations exceed the circulation, and it is impractical/impossible tomaintain a circulation as is necessary to service debt without inherent multiplicationof debt by interest. The insoluble nature of debt in interest-bearing monetary systemsultimately engenders collapse under a terminal sum of debt.

interest : converse to the usual/equitable commercial practice of charging one-time,relational fees for ostensible services performed or product delivered, "interest"imposes perpetual fees which multiply for the lifespan of a usually coercivecircumstance. In an interest-bearing monetary system, the coercive circumstances areimposed by usurping the monetary system and demanding interest for issuing thepaper obligations between debtors and creditors (producers) at purported risk, whileno such risk exists because the usurping creditor issues the token of wealth at virtuallyno cost whatsoever. Interest therefore can only be imposed where the subjects of a

monetary system are denied a form of money which strictly represents theirobligations to pay *each other*.


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interest-bearing debt : debt subject to interest. interest-bearing monetary system : a monetary system where the circulation is

subject to interest, and thus where the subjects of the system are compelled tomaintain a circulation to service debt; and where, in maintaining a circulation, thesum of debt perpetually increases in proportion to the circulation as much so as it is

necessary to re-borrow payments against principal and interest obligations assubsequent sums of debt, increased above the previous sum of debt so much asperiodic interest.

interest-free circulatory introduction : introduction of interest-free money to thecirculation.

interest-free debt : debt not subject to interest. interest-free monetary system : a monetary system where the circulation is not

subject to interest, and where it is always possible to finance further industry by

interest-free circulatory introduction. interest-free notes : interest free promises to pay. In mathematically perfected

economy, mathematically perfected currency comprises interest free promises topay at the rate of consumption or depreciation, which are to be understood to beequivalent.

interest obligation : the sum of interest which debtors are obligated to repay in regardto interest-bearing debt.

introductory phase [of circulation] : initial phase of the lifespan of a monetary unit,in which the monetary unit is introduced to circulation. The lifespan of a unit ofcirculation is terminated by a corresponding retirement phase. The nature of theparticular form of money predicates the resultant monetary obligation, and thus howthe particular form of money is retired from circulation.

linear depreciation : original cost divided by lifespan, reflecting the overall periodiccost of property under mathematically perfected economy (without interest). A$100,000 home with a 100-year lifespan prescribes a linear rate of depreciation of$1,000 per year or $83.33 per month.

Also see de-escalated depreciation.

mathematically perfected currency : (MPC) the interest-free currency ofmathematically perfected economy, which is introduced to circulation as interest-free notes, the monetary obligation of which is repaid at the rate of depreciation orconsumption (which are to be understood to be equivalent).

DISTINGUISHING CHARACTERISTICS FROM SO CALLED ASSET BACKEDCURRENCIES, AS DISCUSSED WITH LARRY LARKIN

Typical understandings or intended connotations of the expression "asset backedcurrency" refer to a quite different idea actually, that should the conventional

imperfect monetary system fail, even as we should have no confidence at all in itsproposition but for the false virtue of purported redeemability, ostensibly nonetheless,


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at failure, the currency of unsustainable systems of exploitation can be redeemed in analternate, usually specific asset or range of assets (whatever good that does us, amidstwhole failure). In other words, the gold standard is an asset backed currency,redeemable (by virtue of misnomer) in either gold or silver under the United StatesConstitution.

The only reason for such alternate standards which comprise asset backed currencies,is the faults of the system (inflation/deflation, and/or multiplication of debt byinterest, which further may manifest by any combination, in systemic manipulation ofthe cost or value of money or property). That is, these systems therefore, if theirunsustainable principles are honored, promise a currency can be redeemed insomething else of value when the curtain drops.

MPC differs from this principle. It is not actually "backed" by a separate group ofassets for the specific event of failure. On the contrary, it is directly andincontrovertibly linked in every case of every unit to the very property the existence

of the unit represents.

Owing to eradication of interest and the obligatory [minimal] rate of payment of allresultant obligations, every unit remaining in circulation only represents a promise topay remaining debt comprised of units of remaining value equivalent exactly to theunits of remaining currency, by virtue of the implemented rate of depreciation, whichnecessarily represents the republic's concept of relative remaining value.

In other words, the implemented rate of depreciation ensures at all times that we payfor property at least as we consume of it, which in turn maintains a circulation whichis equivalent to the remaining value of all represented wealth.

This integral and inseparable set of principles makes mathematically perfectedeconomy perpetually sustainable, and the currency of mathematically perfectedeconomy always redeemable in the very wealth it was intended, from theintroduction of every unit, to represent.

So the concept of "asset backed" is quite different, and the term is not appropriate tothe currency of mathematically perfected economy, even as, effectively,mathematically perfected economy makes the very wealth the currency is torepresent, the effective volume of assets/wealth which back the currency.

In mathematically perfected economy however, this direct predication of the valueof the currency being derived from representation of the units of remaining value ofthe volume of represented assets, gives the currency direct redeemability andperpetual, persistent value, rather than only in the case of failure, and by dependenceon social regulation, as in the case of British Banker Capitalism (the presentimplementation of usury).

By calling our currency, mathematically perfected currency, we further indicate itsobligatory embodiment of mathematically perfected economy.


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mathematically perfected economy : the singular integral solution for:1. inflation and deflation;2. systemic manipulation of the cost or value of money or property;3. inherent multiplication of debt by interest.

In mathematically perfected economy, a populace finances all the industry orproduction it is capable of by issuing interest-free notes, the original value of which isequivalent to the industry or production. Systemic price inflation is eradicated byelimination ofinterest and inherent multiplication of debt by interest. Circulatoryinflation and deflation are automatically eliminated by a schedule of payment inwhich the promiser repays the monetary obligation at the rate of consumption ordepreciation, which are to be understood to be equivalent.

Because the cost or value of money or property are manipulated only by variouscombinations of circulatory inflation, deflation, and interest all of which areeliminated by mathematically perfected economy systemic manipulation of the

cost or value of money or property is impossible, production is paid for with no morethan an equal measure of production, and the value ofmathematically perfectedcurrency is sustained across the lifespan of every unit of the circulation.

maximum possible lifespan : last possible legitimate moment of existence of aninterest-bearing monetary system, at which the costs of servicing a terminal,perpetually multiplying sum of debt equal or exceed the entire circulation.

It is impractical to reach the maximum possible lifespan of any purported economysubject to interest, because commerce can only be sustained if its vital costs areaffordable. The maximum possible lifespan nonetheless can be determined accuratelyby calculating periodic interest for prescribed interest policies and accumulating theperiodic interest to subsequent sums of debt. From the maximum possible lifespandetermined in this way, and which cannot legitimately be exceeded, we can estimate amaximum practical lifespan (for which no sufficient body of data exists, to calculateas accurately).

maximum practical lifespan : moment when the costs of servicing a perpetuallymultiplying sum of debt in an interest-bearing monetary system infringe sopreclusively on the potential to sustain the commerce which is required to service thedebt, that the commerce begins to fail to a degree from which it cannot recover, andsystemic failure is engendered.

monetary obligation [or obligation] : the obligation resulting from the nature of thecurrency. Where the currency is interest-bearing debt, the monetary obligation is thesum of principal and interest obligated by the debt. Where the currency is interest-freedebt, the monetary obligation is comprised only of principal; and thus it is possible tomaintain the balanced circulatory flux which solves inflation and deflation, andmaintains the value of the circulation throughout the lifespan of every unit of the

circulation (money). monetary sustainability [or sustainability] : capacity of a monetary system to


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perpetually sustain:1. all the industry we are naturally capable of;2. the value of money.

Only mathematically perfected economy achieves monetary sustainability, because

unlimited interest free financing is available; and because its schedule of paymentsustains the redeemability and value of money in the very wealth mathematicallyperfected economy's currency represents across the lifespan of the system.

nature of money : the disposition of money (if any), as may affect an intended strictpurpose of representing wealth.

1. an interest-bearing monetary systeminherently and irreversibly multiplies debtin proportion to a circulation. Thus ever more of the circulation is inherentlydedicated to servicing debt versus sustaining the commerce which is obligedto service the debt; and so an interest-bearing monetary system ultimatelycollapses at a maximum practical lifespan, under a terminal sum of debt.

2. only the mathematically perfected currency ofmathematically perfectedeconomy preserves the value of money across the lifespan of every unit ofthe circulation in the very terms of the value of the wealth the currency isintended to represent.

For the subjects of a monetary system which is to serve them therefore, the usual andonly representative, intended purpose of money is to serve strictly and perpetually asunvarying tokens of wealth.

note : promise to pay or redeem, upon which any philosophy/science of monetizationinherently depends.

obligatory maintenance of a circulation : in any monetary system subject to interest,the subjects of the system are obligated to maintain a circulation to continue to servicethe debt they are obligated to service. Thus they are compelled to re-borrow what theypay out of the general circulation in the way of principal and interest as subsequentsums of debt, increased so much as periodic interest.

periodic interest : sum of interest paid against a debt or sum of debt in a respectiveperiod.

price inflation : systemically caused increases in prices.1. In an interest-bearing monetary system, the systemic cause of price inflation is

inherent multiplication of debt by interest.

2.

There is no systemic cause of price inflation in mathematically perfectedeconomy, because mathematically perfected economy is an interest-freemonetary system, wherein the eradication of interest solves/eliminatesinherent multiplication of debt by interest.

principal obligation : the obligation to repay the principal of a debt. schedule of payment : rate at which monetary obligations are paid:

1. in an interest-bearing monetary system, the schedule of payment involves amonetary obligation exceeding the related circulation to the degree of interest,

and payment of this exceeding obligation (principal plus interest) over thelifespan of the loan (versus the lifespan of the related property). In the initial


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phases of this cycle, practically all of the payment may be dedicated tointerest, which predicates a high rate ofinherent multiplication of debt byinterest.

2. in mathematically perfected economy, interest-free notes are paid off at therate of consumption or depreciation of the related property, making circulatory

inflation, deflation, and inherent multiplication of debt by interest impossible. reflation : to necessarily replenish the circulation of interest and principal paid out of

the general circulation so as it is possible or so long as it is possible to so continue toservice a consequential, escalating sum of debt. In a monetary system subject tointerest, necessarily re-borrowing principal and interest paid out of the generalcirculation (in servicing debt), as much and as long as possible, to maintain acirculation sufficient to continue servicing debt.

Once the costs of servicing debt exceed the finite capacity to sustain the industry andcommerce which are obligated to service the escalating sum of debt, credit-worthinessis destroyed, in which the inability to service further debt makes it impossible for the

subjects to qualify for assuming the further debt of replenishing the circulation.Thereafter the circulation inherently deflates to utter failure.

replenish [the circulation] : in a monetary system subject to interest, necessarily re-borrowing principal and interest paid out of the general circulation (in servicing debt),as much and as long as possible, to maintain a circulation sufficient to continueservicing debt.

Once the costs of servicing debt exceed the finite capacity to sustain the industry andcommerce which are obligated to service the escalating sum of debt, credit-worthinessis destroyed, in which the inability to service further debt makes it impossible for thesubjects to qualify for assuming the further debt of replenishing the circulation.Thereafter the circulation inherently deflates to utter failure.

retirement phase [of circulation] : termination of the lifespan of monetary units byretirement from the circulation. The lifespan of monetary units is initiated by acorresponding introductory phase. The nature of the particular form of moneypredicates the resultant monetary obligation, and thus how the particular form ofmoney is retired from circulation.

sufficient circulation : a circulation which is sufficient to represent the whole ofrelated wealth, repay respective monetary obligations, and/or sustain all practicalcases of the industry necessary to do so. Because the monetary obligations of amonetary system subject to interest exceed the circulation, it is impossible to maintaina sufficient circulation in any monetary system subject to interest.

Thus the only practical case of a sufficient circulation is an interest free circulationwhich at all times is equal to the whole of related wealth, the whole of monetaryobligations, and which is sufficient therefore at all times even to support asimultaneous trade of all wealth, as in mathematically perfected economy.


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sustention : maintenance of a circulation subject to interest by perpetually re-borrowing principal and interest paid out of the general circulation, thus perpetuallyincreasing the subsequent sum of debt so much as periodic interest, with the

consequence of sustention being that debt multiplies at an ever escalating rate of evergreater increments of periodic interest on an ever greater sum of debt.

terminal sum of debt : a sum of debt so great that the costs of servicing the sum ofdebt preclude sustaining the commerce which is compelled to service the debt.

true free enterprise : the ability to engage in responsible industry to the full degreemade possible by available resources and our willingness and capacity to incorporateresources into production, unencumbered by the extrinsic, redundant costs andlimitations imposed by interest/usury.

true industry : true production of wealth as opposed to unearned taking from the poolof wealth.

unearned taking, unearned profit : parasitic plunder; taking profit without trulycontributing (necessarily) to the production of wealth. Commodities trading and usuryare examples of unearned taking or unearned profit, because they transpire only at thecost of producer and market alike, as opposed to producers and markets operatingfreely from the unnecessary costs imposed by these redundant, parasitic activities.

usarchy : (usury|usurp|us + archy [rule]) usurpation of intended rule by usury,characteristically initiated by imposing a currency subject to interest, with interestinherently multiplying an artificial sum of indebtedness as the subjects of the systemare duped into an obligation to maintain a vital circulation by re-borrowing principaland interest paid out of the general circulation.

The perpetual obligation to replenish the inherently deflating circulation therefore,perpetually increases the artificial sum of debt in proportion to the vital circulation asre-borrowed principal perpetually re-constitutes new debt equal to former debt, and asthe furtherance of debt in re-borrowed interestinherently increases the sum of debt atan inherently escalating rate of ever greater periodic interest on an ever greater sum of

artificial debt. Thus across the finite lifespan of every such intended system ofexploitation, irreversible escalation of maldistribution or dispossession of wealth(usury) reinforces the objects, scope, and entrenchment of the usurpation, howevercovert, deceptive, or ambiguous.

usury : interest. Because the consequence of an interest-bearing monetary system isinherent multiplication of debt by interest, every interest-bearing monetary systemimposes ever more usurious sums of debt and suffers a maximum practical lifespan atwhich a terminal sum of debt destroys the credit-worthiness of the subjects of thesystem, and over which debt and the costs of servicing debt perpetually escalate to theever greater detriment of commerce.


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"To find the players in all the corruption of the world, 'Follow the money.' To find thecaptains 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 perfectedeconomy would re-finance a $100,000 home with a hundred-year lifespan at the overallrate of $1,000 per year or $83.33 per month. Without costing us anything, we wouldimmediately become as much as 12 times as liquid on present revenue. Transitioning toMPE 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. Unlimitedfunding 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 tomonetary failure.

COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically PerfectedEconomy. ALL RIGHTS RESERVED. TRADEMARKS: PEOPLE For MathematicallyPerfected Economy, Mathematically Perfected Economy, Mathematically PerfectedCurrency, MPE, and PFMPE are trademarks of mike montagne and PEOPLE ForMathematically Perfected Economy, perfecteconomy.com. ALL RIGHTS RESERVED.

Extracted from Perfected Economy.com

Date 29 May 2012

http://www.perfecteconomy.com/pg-glossary-of-terms.htm

the mpe: an economy without boom, bust, inflation and debt, steady state growth without undue wealth...

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