There’s a Hole in My Bucket…

Debts keep on multiplying exponentially by interest. It´s like a bucket of water with a big f hole in it which is perpetually expanding, so long as we can borrow enough obfuscated money (water) back into circulation, to keep the bucket sufficiently full, that surviving industry can pay through the hole, and borrow further.


The water is our circulation; and so it is the principal of our purported debts to a banking system which merely publishes further representations of our promissory obligations to each other. But under a purported banking system then, “water” isn’t just water (principal) ― it’s an unwarranted (and falsified) obligation to perpetually pay principal and interest out of the hole, to the purported banking system.

Here is how the hole gets so big that we inevitably fail under terminal sums of falsified debt:

If we circulated our promissory obligations without a purported banking system, the obligation would only be to pay and to retire principal from circulation ― and all our actual debts (which are actually only to each other) could be fulfilled.

But because we allow a purported banking system to obfuscate these obligations into falsified obligations to pay principal and interest out the hole (from a bucket filled with only some of the remaining principal), and because we have to keep the bucket full to remain able to do so (because we have to sustain sufficient surviving industry), the principal which gushes out the hole must return to the bucket by borrowing the principal back again.

Any fact we have to borrow so much principal back into the bucket as equal, new debt, therefore makes it impossible to pay down any prior sum of falsified debt.

Yet on the other hand, because the interest which must return to the bucket is borrowed back as new debt; therefore the sum of debt perpetually increases by so much as periodic interest on an ever greater sum of debt.

This is how and why the hole perpetually gets bigger: ever greater sums of principal and interest are falling through the hole, to return to the bucket in such a way as increases a related sum of debt ― even an inherently escalating rate of ever greater sum of periodic interest on an ever greater sum of falsified debt.

At the same time, the capacity of surviving industry is finite: it can only service so much debt.

Thus when the hole (soon) gets so big that more water is exiting than industry can further afford to return to the bucket by (compulsory) further borrowing, the level of water in the bucket begins to fall ― and less industry can be sustained by the remaining water… ever more of which water yet, is solely dedicated to servicing debt… as opposed to sustaining industry.

Even less surviving industry (and even less possible surviving industry) therefore are required to maintain the falling level of the bucket.

Thus in each subsequent period, the level in the bucket falls itself at an escalating rate, until very soon, nothing remains to sustain industry; and thus in a failure which is inherently terminal, no new industry either can afford to survive the falsified sum of debt which has been wrongly multiplied into the unwarranted possession of a purported banking system.

So, what we are witnessing now is a denial of these terminal ramifications by the very perpetrators, who only publish further representations of our promissory obligations; who deny every real creditor interest; who thus do not even have any actual, legitimate property at stake which might (falsely) be argued to justify interest; and whose imposition of interest therefore is inevitably terminal.

QE therefore is itself a proof of this inevitable failure, for the obfuscation of the purported banking system has only forced the purported banking system to pour the water back into the bucket which is impossible for the un-assenting subject to pour back into the bucket.

No advantage or possibility of saving the system yet exists, because all QE accomplishes is to artificially extend the lifespan of a terminal system some while ― only so long as it is possible for failed and failing industry to absorb new water by production which has been made impossible by the old water.

“You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.”

Mathematically Perfected Economy

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