But what IF (in an MPE model)……austrian economists decide to start hoarding money in an attempt to deflate the circulation. Would that even be possible?
First of all, whatever you hoard, you have to earn. So you never have to worry about that… because austrian economists are never going to do anything worth rewarding them for.
The only reason any of that would happen, would be IF no one wanted to purchase our [prospective] production (which they hadn’t earned yet) by issuing their promissory obligation. If you and I are the only people on an island then, we have the worst case scenario for your worry then, because you have to want my production if I am going to earn from only you the $100,000 I issue as your representation of entitlement for giving up the house then.
Understanding that, then if you take my promissory obligation, you would do so wanting to consume my production.
This condition exists in all our affairs. We don’t accept promissory notes as representation of entitlement, never wanting to consume so much from the whole system. To consume their equivalent, we have to spend them.
The whole (much larger) system then is comprised of cycles. There are the life cycles of money — which are equivalent or the mirror image of the life cycles of our promissory obligations to each other. As some money periodically expires as existing promissory obligations expire (are paid), the seeming lack of money here too in turn compels issuance of further promissory obligations. Always, new money is only created however where the prospective obligor has not yet earned what they require to spend.
So the need for a circulation is predicated not by how much we are producing and consuming, but how much representation of entitlement is required to sustain desired production and consumption — and always always always having the right to issue promissory obligations to sustain whatever production and consumption we intend to sustain then… we are — contrary to your presumption of calamitous consequences of your imagined shortage — constantly compelled to issue so much further promissory obligations as sustains intended prosperity.
This is not compelled only by presumed shortages which cannot transpire — it is compelled by the natural life cycle of promissory obligations.
You are already “borrowing” FAR MORE THAN THAT — UNDER FAR MORE IMPROBABLE CONDITIONS.
And yet you imagine we would not sustain a vital circulation under MPE™ — in other words, a circulation sufficient to sustain all the prosperity we intend to sustain — when always, always, always, always… we can do so at no more overall cost than the [same] principal [we would spend if we had cash] and at no more immediate cost than the rate of consumption?
If, on our island, I can’t pay my obligation to redeem the promissory notes I issued to you… then having accepted them and knowing I am the only other producer on the island, that’s not a consequence of the shortage you imagine, or hoarding — its because you made the grievous error of taking representation of entitlement which could only be redeemed by my production — which you ought to have understood already that you did not want. That would be YOUR bad — not “the economy’s,” because the money PROVIDED for ensured redemption.
The same things are true of a larger system. You don’t have to take my production then. And we don’t stipulate direct redemption, because that is our intention.
So, what tends to happen then is that all the money (representation of entitlement) which is indispensable to intended prosperity is constantly created without any more cost than the principal — and even at far less immediate cost than the [whole] principle. You have every immediate power to resolve any presumed deficiency without cost then.
There is no reason for an economy if we do not intend to sustain a perpetual sequence of production and consumption however. This is the very object of an economy and monetary system. What you’re saying then is, “Suppose we don’t want to do the only thing we would want to do if we have an economy or monetary system….”
You are supposing that we simply stop producing and consuming — and thus issuing the promissory obligations which are indispensable to the representation of entitlement by which we instead intended all the while, to simply alleviate your supposed calamity of a shortage we would alleviate without cost to do this.
You are forgetting that the shortage you imagine is artificial and without possible (true) remedy under the obfuscation. But the very circumstances you are thus supposing will transpire, are instead the very reason we organize an economy and engineer a proper form of money — which is instead to sustain a potentially eternal sequence of production and consumption between ourselves, by the indispensable means of issuing promissory obligations.
IF this proposition indeed accounts for any veritable issue, then the root idea behind this proposition is ultimately and inherently that if we produce and earn and spend all the faster… we can somehow attend to the only veritable issue at the root of all the downstream consequences the advocates of this proposition conceive. The root cause nonetheless of those consequences is perpetual multiplication of faux debt, suffered in an implicit obligation to sustain a vital circulation by a perpetual escalation of faux borrowing.
The truth is, even in the days of cash, we have already had the means TO EXCHANGE “money” (obfuscated currency) virtually immediately.
But in the only legitimate world of production, the [hysterical proposition of] “velocity” of *earning* is inherently limited by the existing state of the evolving means of production. All the faster we might be able TO EXCHANGE money then has no capacity whatsoever to expedite THE EXCHANGE of what is only intentionally obfuscated money.
In accord with this preposterous set of ideas then, periods of time have even experimented with attempts to compel exchange of “money.” But (nonetheless) still, NO ONE can earn “money” any faster than they can produce — and neither can they justly deserve to do so, for earnings are inherently coupled to or dependent *upon* production.
ALL any proposition or increasing “velocity” CAN POSSIBLY accomplish then, is a relatively negligible and meaningless reduction of the time over which *the exchange* aspect of “circulation” transpires.
What however can this possibly mean then, as the ultimate exchange rate of (obfuscated) “money” IS ALREADY virtually equal to the rate of production — AND THE PROBLEM — WHICH “VELOCITY” CAN NEVER SOLVE THEN, IS INSTEAD THE VERY SAME INTENTIONAL, CRIMINAL, AND TREASONOUS OBFUSCATION OF OUR CURRENCY (WHICH THE SAME BASTARDS WHO PRETEND TO ADVOCATE SOLUTION IN VELOCITY, MEAN ON THE CONTRARY *NOT* TO RESOLVE?
Do you think people are truly incapable of understanding these facts if they yet pretend “to understand” that “velocity” poses virtues which instead are virtually impossible?
Or is the reason they uniformly exclude MPE™ (to which many of them in fact mean to answer), instead that they already understand that the singular solution is already proven in the propositions of MPE™ — and that they mean instead to fraudulently impress the public that “banking” addresses what they purport fraudulently are “banking’s only problems”?
Mathematically Perfected Economy™ (MPE™) is the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a vital circulation, engendering inevitable systemic failure at a finite system lifespan defined by an inevitable, terminal sum of insoluble debt. Mathematically Perfected Economy™ is every prospective debtor’s right to issue their promise to pay, free of extrinsic manipulation, adulteration, or exploitation of that promise, or the natural opportunity to make good on it.
Mathematically Perfected Economy offers singular solution to the faults of the present terminal obfuscation of our money.
Understanding today’s mortgage?
The fraud begins when you go to a local bank (commercial bank) for a loan where YOU actually create money via your promissory note signature (NOT THE BANK) , by deception the banks intervene between the real creditor (seller) & debtor (buyer), banks fraudulently intervene by publishing only the evidence of our promissory obligations to each other. This is how banks steal/launder all principal & interest out of circulation through your debt repayments by fraudulently claiming to be the real creditor when there clearly not.
The governments knowingly terminally borrow more money through a PRIVATE central bank to replace the stolen circulation all the local banks thieve at more interest, then the government extorts tax’s & revenue from you to pay for this terminal national debt on top of your mortgage repayments.
Understanding today’s Money Creation?
A promissory note is a written promise to repay which is a value asset or capital. The Bank Fails to Disclose to a Borrower that borrower creates the credit/money by borrower’s promissory note signature alone which is an Asset Loan Contract (Financial Instrument) Deposited in the Bank. The Bank fraudulently changes borrowers promissory note into banks paper & loans its paper back to borrower at interest. The Bank doesn’t create money or loan money; banks change money (money changers) & launder a nation’s wealth IE: your labor out of circulation via principal & interest repayments. Fractional multiplication on deposits is NOT how banks create principal or interest because the bank offers no lawful consideration of value for the money to begin with so IT DOESN’T REALLY EXIST. A Central Banks role is to regulate fraud, they print cash which only consists 5% of all the money supply which also has NO lawful consideration of value.
Understanding the current Banking system?
ALL Inflation/deflation is the theft of currencies by ALL banks.
1 They launder principal debt repayments out of circulation jointly into there possession instead of retiring/canceling/ deleting/ principal after its paid back ,they do it through YOU every day on your local bank loans ,credit card repayments etc.
2 Interest repayments are also laundered out of circulation by deception ,This interest is never created in the first place nor is it returned back into circulation in full if any (No where near it) after its stolen by the banks .
3 All treasonous governments knowingly perpetuate TERMINAL nation debt through a PRIVATE Central bank (Federal Reserve Bank) or it prints more money as a last resort, all in an attempt to keep the economic monetary circulation vital.
Everything you see now past and present like tax’s, recessions, depressions, deflation, inflation, booms, busts, derivative scams, quantitative easing, pensionscams, WAR etc is only a symptom of this initial theft of principal & interest out of our monetary circulation by All Banks, primarily the commercial banks.
Understanding Mathematically Perfected Economy Solution
Under MPE a National NON PROFIT Accounting Common monetary foundry (CMF) will be established by the people for the people to handle all loans & deposits (NO BANKS), credit & money will be issued by the people themselves via promissory obligations with NO INTEREST attached based on a simple 1.1.1 ratio where all DEBT obligation is equal or no more than remaining CIRCULATION & equal to no more of remaining depreciating VALUE OF PROPERTY, all principal is paid back at the rate of depreciation which is retired/canceled/deleted (NO ONE KEEPS IT) out of circulation along with the debt after a loan is repaid in full
MPE is a sovereign economy for any nation where money will serve man rather than rule man. MPE solves all the economic problems we see today. Through signed constitutional mandates served by the people MPE only can be achieved.
Freedom is ours and NO politician can assert MPE ONLY you can, the choice is yours.
(The truth will set you free)
Mathematically Perfected Economy?
There is no other solution.
Regulation can only temper an inherently terminal process.
If you’re not promoting Mathematically Perfected Economy
Then you condemn us to monetary failure.
Asked about inequality.. Paulson (ex CEO Goldman Sachs) then bursts out laughing: “Yeah! We were making it wider!”
Click picture to start video at that point of the conversation.
This is a clear graphic model of how our current system of money and ‘economics’ leads to an inevitable, terminal collapse. There are no spins, it’s mathematical. If you follow the next 2 videos, you will find a presentation of the solution that restores money to its true state as a representation of our promises to each other, free of exploitation and usury. Don’t worry if you are not an economist, you don’t need to be and it is only by you understanding this that you will be able to help change it. And be aware of your internal state while trying to understand this because it will challenge deeply held beliefs and you may feel a high level of cognitive dissonance (an uncomfortable emotion that we feel when a new proposal threatens to demolish an existing, comfortable belief). Cognitive dissonance affects us all and leads to reactions such as blocking the new incoming information, total disbelief, anger, failure to even reflect on the new idea, inability to understand it, sleepiness, disinterest, character assassination of the person or entity proposing the new idea, and many more…. We are heavily invested in holding on to our old beliefs because they make us feel secure. By Ruth Philips, France. https://www.facebook.com/ruth.phillips.7?fref=nf