Glossary of MPE 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-bearing monetary system beyond its legitimate capacity to sustain itself only to a maximum practical lifespan.Inherently, artificial sustention requires replenishing a circulation to maintain vital circulatory volume, by means which the subject system cannot afford to service.The potential method of artificial sustention is untended/unserviced accumulation of insoluble debt, beyond the capacity to service already terminal sums of debt. In a monetary system subject to interest, and in the final stages of inherent multiplication of debt which necessitate artificial sustention for instance, public debt is accumulated potentially far beyond the means of subject commerce to service the whole of public and private debt.

    The temporary remedial effect purposely evades addressing the cause of inherent multiplication of debt by interest, assumably for the purpose of further unearned gain at 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 are impossible to a system already so marginalized that it can no longer afford both to service its private debt and maintain a circulation by re-borrowing interest and principal to the full extent necessary to maintain the vital circulation.

    Artificial sustention can only work so long as escalation of redundant programs and funding by expansion of already terminal sums of debt can match and reach the subjects of private multiplication of debt in time to sustend servicing private debt. Substantial bankruptcy, failure, and/or further escalation of private debt indicate that the 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 inherent multiplication of debt by interest. Particularly as this requires de-privatization of imposed systems of usury existing under the guise of “banking,” artificial sustention and evasion of solution together certify pervasive corruption and/or usurpation of purportedly representative government.

  • balanced circulatory flux  :  circulatory flux which is neither inflationary or deflationary; i.e. circulatory flux equal to the increasing or decreasing sum of wealth, comprehensive of consumption and depreciation, and resulting always in a circulation which is equal to the wealth the whole of the circulation is intended to represent.Perpetually balanced circulatory flux is the unique and singular consequence of mathematically perfected economy™, because in mathematically perfected economy™, circulation is introduced as interest-free debt equivalent to the original value of the wealth the circulation is intended to represent, and because the resultant interest-free debt is paid off at the rate of depreciation or consumption of the related wealth.Balanced circulatory flux is critical to the rectitude and sustainability which are unique to mathematically perfected economy™, because balanced circulatory flux is produced only by mathematically perfected economy™, and because balanced circulatory flux:
    1. automatically regulates the circulation by the process of paying against the interest-free debts of mathematically perfected economy™;
    2. results in a circulation which is always equivalent to the wealth it is intended to represent;
    3. results in a circulation which is always redeemable in the very wealth it is intended to represent;
    4. and therefore manifests in the only cycle of circulation which ensures the value of money throughout the lifespan of every unit of the circulation.

    In mathematically perfected economy™, balanced circulatory flux in conjunction with eradication of interest, makes it possible at all times for the subjects of the system to pay for each others’ production with whatever they deem to be an equal measure 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, an ever greater eventually terminal circulatory commitment exists to service an ever greater sum of artificial debt, with the primary condition of this commitment resulting in diminished capacities to sustain industry and former standards of existence.
  • circulatory deflation  :  a decrease in the circulation relative to the wealth the circulation is intended to represent.
  • circulatory flux  :  potentially increasing, decreasing, or static circulatory volume relative to any comparative reference, resulting altogether from inflow (positive flux), outflow (negative flux) or neutral overall flux of money into and/or out of the circulation.
    1. circulatory influx  :  new borrowing above circulatory reflux, which increases the circulation.
    2. circulatory outflux  :  interest and principal paid out of the general circulation in servicing debt subject to interest.
    3. circulatory reflux  :  the volume of interest and principal necessarily or actually re-borrowed back into the general circulation in order to maintain a circulation against circulatory outflux.
  • circulatory inflation  :  an increase in the circulation relative to the wealth the circulation is intended to represent.
  • circulatory introduction [or introduction]  :  introduction of money to the circulation as potentially opposed to whatever processes of circulatory retirement. Circulatory introduction and balanced circulatory flux are vital to sustaining new industry or production 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, which results in inherent multiplication of debt by interest, to whatever degree the subjects of the system are forced to maintain the circulation by re-borrowing interest and principal as subsequent sums of debt, increased so much as periodic interest.
    2. In mathematically perfected economy™, circulatory retirement transpires by a schedule of paymentof interest-free debts at the rate of consumption or depreciation of the related asset. Thus in mathematically perfected economy™:
      1. there is no inherent multiplication of debt by interest;
      2. thus there is no systemic cause of price 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 redeemable in the very wealth the circulation is intended to represent; and the unique rate of circulatory retirement thus maintains a consistent value of money.
  • currency  :  money, usually intended to be tokens of wealth. In a monetary system subject to interest/usury, it is impossible for currency to represent wealth, because it is necessary perpetually to maintain a circulation in order to service obligations or principal and interest exceeding the circulation (at most, principal), and because as a circulation is maintained necessarily by re-borrowing payments against principal and interest obligations, the sum of debt perpetually increases so much as periodic interest on the increasing sum of debt; and thus ever more of the circulation is inherently dedicated to servicing debt, versus representing the wealth or sustaining the commerce which is compelled to service the multiplying sum of debt.
  • de-escalated depreciation, de-escalated rates of depreciation  :  diminishing rates of depreciation which are higher than the linear rate of depreciationin the initial phases of an asset’s lifespan, and lower in the later phases. By intention, de-escalated calculations match perceived consumption and remaining value across the lifespan, whereas linear depreciation only expresses the overall cost and rate of payment, the implementation of which would make it unrealistically undesirable to purchase depreciated property at periodic costs which would be indifferent from new property. De-escalated rates of depreciation therefore are intended to reflect perceived rates of consumption 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 property prescribe governing rates of payment under mathematically perfected economy™, with the remaining balances and patterns of payment comprising appropriate influences toward buying new or aged property; for preserving existent property to the full extent of potential service; and for consuming the full worth of property, as opposed to wasting wealth.The following tables are examples of de-escalated depreciation requiring an initial payment of 3% of a $100,000 home with a 100-year lifespan, and expressing periodic rates of payment as a multiple (Lin X) of the linear rate of depreciation: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 per year 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 schemes together:

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

    Reductions of initial and downstream costs achieved by mathematically perfected economy™ are simply consequences of eliminating exploitation imposed by the present obfuscated currency.

    Also see linear depreciation.

  • deficient circulation  :  a circulation which is insufficient to represent the whole of related wealth, repay respective monetary obligations, and/or to sustain all practical cases 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 of insufficient volume, or by dedication of the volume to extrinsic purposes such as servicing artificial multiplication of debt.
  • deflation  :  a decrease in circulation per goods and services, or a re-dedication of circulation or failure to introduce sufficient circulation, resulting in a deficient circulation. Also see inflation.
  • excessive circulation  :  a circulation exceeding the remaining value of the wealth it is intended to represent. An excessive circulation can only occur where members of the system receive monetary reward for nothing; and an excessive circulation is only demonstrated to exist where the circulation can be counted to exceed the sum of wealth it ostensibly represents. In fact while traditional “inflation” is regularly claimed to be a cause of price inflation, practically all monetary systems subject to interest exist in a perpetual deflated state, owing to perpetual payment of interest and principal out of the general circulation, the subtraction of which comprises more than the original circulation (principal), or the value of the wealth the circulation would otherwise 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 give understanding to a monetary system or purported economy, and there is no explicit linkage given by the definition to “goods and services.” In other words, in the monetary system of study, there may be no intention to maintain a circulation (sum of money) relative to some existent wealth. If we are to understand such monetary practice relative to the sense the term inflation is intended, then the term introduces ambiguity and erroneous deductions unless it explicitly refers to the wealth the circulation is intended to represent. In other words, without this explicit linkage, in some cases “inflation” would refer to an increases in circulation per all wealth, where there is not even an intention that the circulation represent all wealth (which may introduce faults which therefore are not attributable to “inflation”); and in other cases “inflation” would refer solely to increases in circulation per the whole of wealth, which is the wealth the circulation is intended to represent.As the latter case is the only intended connotation, PFMPE™ refines the original definition to an unequivocal term, “circulatory inflation,” so that other relevant terms can distinguish explicit attributes.
    2. Webster’s 1975 Collegiate Dictionary gives a further, more recent re-definition ad “an increase in the volume of money and credit relative to available goods resulting in a substantial and continuing rise in the general price level.A further fault of this contemporary definition is that the connection between increases in the volume of money (all of which is usually credit) and prices is only supposed. Not only is there no proven theorem that increases in the volume of money relative to available goods/whatever incontrovertibly engenders 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 is multiplication of debt by interest, which is an inherent, irreversible, and perpetual consequence of being forced to maintain a circulation by re-borrowing payments against principal and interest obligations as subsequent sums 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 to maintain a circulation to service monetary obligations which exceed the circulation, and because in practical cases, because the monetary system itself cannot consume the entire production of commerce plus interest across the lifespan of the system, debt increases perpetually as much as the subjects of the system are thus compelled to re-borrow payments against principal and interest obligations, as subsequent sums of debt, increased so much as periodic interest on debt.
  • insoluble debt  :  a dynamically ever more damaging disposition of indebtedness characterized by interest-bearing monetary systems, in which from their beginnings monetary obligations exceed the circulation, and it is impractical/impossible to maintain a circulation as is necessary to service debt without inherent multiplication of debt by interest. The insoluble nature of debt in interest-bearing monetary systems ultimately 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 coercive circumstance. In an interest-bearing monetary system, the coercive circumstances are imposed by usurping the monetary system and demanding interest for issuing the paper obligations between debtors and creditors (producers) at purported risk, while no such risk exists because the usurping creditor issues the token of wealth at virtually no cost whatsoever. Interest therefore can only be imposed where the subjects of a monetary system are denied a form of money which strictly represents their obligations to pay *each other*.
  • 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 to maintain a circulation to service debt; and where, in maintaining a circulation, the sum 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 as subsequent sums of debt, increased above the previous sum of debt so much as periodic interest.
  • interest-free circulatory introduction  :  introduction of interest-free money to the circulation.
  • 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 to pay at the rate of consumption or depreciation, which are to be understood to be equivalent.
  • interest obligation  :  the sum of interest which debtors are obligated to repay in regard to 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 of circulation is terminated by a corresponding retirement phase. The nature of the particular form of money predicates the resultant monetary obligation, and thus how the particular form of money is retired from circulation.
  • linear depreciation  :  original cost divided by lifespan, reflecting the overall periodic cost 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 of mathematically perfected economy™, which is introduced to circulation as interest-free notes, the monetary obligationof which is repaid at the rate of depreciation or consumption (which are to be understood to be equivalent).DISTINGUISHING CHARACTERISTICS FROM SO CALLED ASSET BACKED CURRENCIES, AS DISCUSSED WITH LARRY LARKIN

    Typical understandings or intended connotations of the expression “asset backed currency” 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 its proposition but for the false virtue of purported redeemability, ostensibly nonetheless, at failure, the currency of unsustainable systems of exploitation can be redeemed in an alternate, usually specific asset or range of assets (whatever good that does us, amidst whole 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 States Constitution.

    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 by interest, which further may manifest by any combination, in systemic manipulation of the cost or value of money or property). That is, these systems therefore, if their unsustainable principles are honored, promise a currency can be redeemed in something else of value when the curtain drops.

    MPC™ differs from this principle. It is not actually “backed” by a separate group of assets for the specific event of failure. On the contrary, it is directly and incontrovertibly 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 all resultant obligations, every unit remaining in circulation only represents a promise to pay remaining debt comprised of units of remaining value equivalent exactly to the units of remaining currency, by virtue of the implemented rate of depreciation, which necessarily represents the republic’s concept of relative remaining value. In other words, the implemented rate of depreciation ensures at all times that we pay for property at least as we consume of it, which in turn maintains a circulation which is equivalent to the remaining value of all represented wealth. This integral and inseparable set of principles makes mathematically perfected economy™ perpetually sustainable, and the currency of mathematically perfected economy™ always redeemable in the very wealth it was intended, from the introduction of every unit, to represent.

    So the concept of “asset backed” is quite different, and the term is not appropriate to the currency of mathematically perfected economy™, even as, effectively, mathematically perfected economy™ makes the very wealth the currency is to represent, the effective volume of assets/wealth which back the currency. In mathematically perfected economy™ however, this direct predication of the value of the currency being derived from representation of the units of remaining value of the volume of represented assets, gives the currency direct redeemability and perpetual, persistent value, rather than only in the case of failure, and by dependence on social regulation, as in the case of British Banker Capitalism (the present implementation of usury).

    By calling our currency, mathematically perfected currency™, we further indicate its obligatory embodiment of mathematically perfected economy™.

  • 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 or production it is capable of by issuing interest-free notes, the original value of which is equivalent to the industry or production. Systemic price inflation is eradicated by elimination of interest and inherent multiplication of debt by interest. Circulatory inflation and deflation are automatically eliminated by a schedule of payment in which the promiser repays the monetary obligation at the rate of consumption or depreciation, which are to be understood to be equivalent. Because the cost or value of money or property are manipulated only by various combinations of circulatory inflation, deflation, and interest — all of which are eliminated by mathematically perfected economy™ — systemic manipulation of the cost or value of money or property is impossible, production is paid for with no more than an equal measure of production, and the value of mathematically perfected currency™ is sustained across the lifespan of every unit of the circulation.

  • maximum possible lifespan  :  last possible legitimate moment of existence of an interest-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 economy subject to interest, because commerce can only be sustained if its vital costs are affordable. The maximum possible lifespan nonetheless can be determined accurately by calculating periodic interest for prescribed interest policies and accumulating the periodic interest to subsequent sums of debt. From the maximum possible lifespan determined in this way, and which cannot legitimately be exceeded, we can estimate a maximum practical lifespan (for which no sufficient body of data exists, to calculate as accurately).
  • maximum practical lifespan  :  moment when the costs of servicing a perpetually multiplying sum of debt in an interest-bearing monetary system infringe so preclusively on the potential to sustain the commerce which is required to service the debt, that the commerce begins to fail to a degree from which it cannot recover, and systemic failure is engendered.
  • monetary obligation [or obligation]  :  the obligation resulting from the nature of the currency. Where the currency is interest-bearing debt, the monetary obligation is the sum of principal and interest obligated by the debt. Where the currency is interest-free debt, the monetary obligation is comprised only of principal; and thus it is possible to maintain the balanced circulatory flux which solves inflation and deflation, and maintains 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 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 payment sustains the redeemability and value of money in the very wealth mathematically perfected economy™’s currency represents across the lifespan of the system.

  • nature of money  :  the disposition of money (if any), as may affect an intended strict purpose of representing wealth.
    1. an interest-bearing monetary system inherently and irreversibly multiplies debt in proportion to a circulation. Thus ever more of the circulation is inherently dedicated to servicing debt versus sustaining the commerce which is obliged to service the debt; and so an interest-bearing monetary system ultimately collapses at a maximum practical lifespan, under a terminal sum of debt.
    2. only the mathematically perfected currency™ of mathematically perfected economy™ preserves the value of money across the lifespan of every unit of the circulation in the very terms of the value of the wealth the currency is intended to represent.

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

  • note  :  promise to pay or redeem, upon which any philosophy/science of monetization inherently 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 service the debt they are obligated to service. Thus they are compelled to re-borrow what they pay out of the general circulation in the way of principal and interest as subsequent sums of debt, increased so much as periodic interest.
  • periodic interest  :  sum of interest paid against a debt or sum of debt in a respective period.
  • 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 perfected economy™, because mathematically perfected economy™ is an interest-free monetary system, wherein the eradication of interest solves/eliminates inherent 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 a monetary obligation exceeding the related circulation to the degree of interest, and payment of this exceeding obligation (principal plus interest) over the lifespan of the loan (versus the lifespan of the related property). In the initial phases of this cycle, practically all of the payment may be dedicated to interest, which predicates a high rate of inherent multiplication of debt by interest.
    2. in mathematically perfected economy™, interest-free notes are paid off at the rate 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 to service a consequential, escalating sum of debt. 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 continue servicing debt. Once the costs of servicing debt exceed the finite capacity to sustain the industry and commerce which are obligated to service the escalating sum of debt, credit-worthiness is 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 continue servicing debt. Once the costs of servicing debt exceed the finite capacity to sustain the industry and commerce which are obligated to service the escalating sum of debt, credit-worthiness is 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.
  • retirement phase [of circulation]  :  termination of the lifespan of monetary units by retirement from the circulation. The lifespan of monetary units is initiated by a corresponding introductory phase. The nature of the particular form of money predicates the resultant monetary obligation, and thus how the particular form of money is retired from circulation.
  • sufficient circulation  :  a circulation which is sufficient to represent the whole of related wealth, repay respective monetary obligations, and/or sustain all practical cases of the industry necessary to do so. Because the monetary obligations of a monetary system subject to interest exceed the circulation, it is impossible to maintain a sufficient circulation in any monetary system subject to interest. Thus the only practical case of a sufficient circulation is an interest free circulation which at all times is equal to the whole of related wealth, the whole of monetary obligations, and which is sufficient therefore at all times even to support a simultaneous trade of all wealth, as in mathematically perfected economy™.
  • sustention  :  maintenance of a circulation subject to interest by perpetually re-borrowing principal and interest paid out of the general circulation, thus perpetually increasing 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 ever greater 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 of debt preclude sustaining the commerce which is compelled to service the debt.
  • true free enterprise  :  the ability to engage in responsible industry to the full degree made possible by available resources and our willingness and capacity to incorporate resources into production, unencumbered by the extrinsic, redundant costs and limitations imposed by interest/usury.
  • true industry  :  true production of wealth as opposed to unearned taking from the pool of wealth.
  • unearned taking, unearned profit  :  parasitic plunder; taking profit without truly contributing (necessarily) to the production of wealth. Commodities trading and usury are examples of unearned taking or unearned profit, because they transpire only at the cost of producer and market alike, as opposed to producers and markets operating freely 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 interest inherently multiplying an artificial sum of indebtedness as the subjects of the system are duped into an obligation to maintain a vital circulation by re-borrowing principal and 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 as re-borrowed principal perpetually re-constitutes new debt equal to former debt, and as the furtherance of debt in re-borrowed interest inherently increases the sum of debt at an 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 of exploitation, irreversible escalation of maldistribution or dispossession of wealth (usury) reinforces the objects, scope, and entrenchment of the usurpation, however covert, deceptive, or ambiguous.
  • usury  :  interest. Because the consequence of an interest-bearing monetary system is inherent multiplication of debt by interest, every interest-bearing monetary system imposes ever more usurious sums of debt and suffers a maximum practical lifespan at which a terminal sum of debt destroys the credit-worthiness of the subjects of the system, and over which debt and the costs of servicing debt perpetually escalate to the ever greater detriment of commerce.

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