Our goal, For the People by the People

Establishing a true sustainable economy by adopting Mathematically Perfected Economy™

A few words from Mike Montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1968)

 

Mathematically perfected economy™ is a currency not subject to interest, comprising a principal debt financing all permissible enterprise, paid by each and every debtor exactly as they consume of the associated production.

There is no inflation or deflation, as the currency in circulation is always equal to the current value of existent production across however much of the economy is supported by a circulation.

Neither the value of money or assets are altered by changing proportions of circulation to indebted assets or services. The value of the money is always consistent in quantity — both in earn-ability and spend-ability — with the remaining value of the indebted assets which exist, for which it was issued, and which constitute its immutable value.

The remaining circulation is always sufficient to pay off debt. Further production therefore is not impeded by a deficient circulation, diminished by paying more than what circulation was introduced for to finance the production.

Principal Debt is not multiplied beyond the circulation or remaining value of indebted assets. To pay debt obligations exceeding the remaining value of indebted assets sets off a perpetual cycle of re-borrowing and multiplication of debt. Merely to maintain a circulation, we must borrow again so much as we have paid beyond the original circulation which was equal only to the un-multiplied debt.

Neither production or consumption are impeded by imposition of extrinsic cost. In every transaction, production is traded for equal production.

So long as we make such a circulation available to production, no impediment, limitation, or inequity whatever are imposed upon production or commerce. Production and commerce are fully expedited only by a completely liquid and effectual currency.

Mathematically perfected economy™ is no more than a singular prescription, dissolving unjust intervention.

(A brief 54 minute audio synopsis of MPE™ by Mike Montagne)

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97 thoughts on “Our goal, For the People by the People”

  1. Here is the Australian 2014 budget wrap up , note how they spin the winners as the recipients of artificial sustention consisting of 11 billion on federal spending , another 29 billion on defense & 20 billion in medical research & lets not forget the added absurdly of 245 million spent on School chaplains, 1 million going to ballet students boarding accommodation & of course a tax cut that’s essentially a tax hike for business

    Hypocrite Hockey proposes in this very budget to spend a further 60 billion or thereabouts in further re-inflation ( federal overspending ) , however the cuts he proposes is a cut on whats currently or already being spent through an irreversible multiplication of artificial debt, so what spending remains after the cuts with the addition of 60 billion in spending can only increase an ever greater escalation of artificial debt beyond the current 620 billion in federal debt alone ,making it mathematically impossible to reach any surplus regardless,, at all levels in federal , state & council debts.

    Lets be clear , a surplus does not mean national or state debt is being paid down as such , it never has . Surplus means a nation or state is just temporarily servicing or balancing debt, never ever paying this artificial debt down due to perpetual reflation, which indeed comes at a far greater expense to any nation, such as cuts on public services & employment, unwarranted tax’s collected (extortion) on all our industry & commerce & the blatant sell off of land, natural resources & national infrastructure just to pay a thieving bank who risks nothing commensurable of its own , however the chump change left over, only after cuts, extortion / taxes & sell offs of a nations sovereign wealth is the surplus if any, which can only temper or prolong eventual monetary destruction at the very best . Likewise a deficit simply means a nation or state is not balancing their debt, either way here folks , surplus or deficit we are still getting a result of an irreversible multiplication of debt, clearly evident by perpetually increasing sums of national & state debt, PLEASE THINK YOUR NOT IN A WASH OF MONEY FOLKS?, simply because the rate of circulatory deflation or a theft of circulation by a banks purposed obfuscation of our promissory obligations is always always always at a greater rate than any former re-inflation by national or state debt that’s always perpetually reflating circulation over & over, irreversibly then multiplying this artificial debt on further cycles of re-inflation .

    A child with a bag of marbles could demonstrate this (dimwit) Hockey budget is yet again nothing but the same road to economic suicide that categorically fails the most rudimentary mathematics.

    In all seriousness these political dimwits on all sides can only get support from a fool at best, which begs the question when will you rise to the occasion Australia & hold these political betrayers accountable with the right questions that not only hit home but hit hard, its time to get the gloves off folks.

    http://www.smh.com.au/business/federal-budget/federal-budget-2014-winners-and-losers-20140513-38802.html

  2. Joe Hockey strikes deal with states for ‘recycling’ of public assets

    How can any purported investment by perpetual multiplications of artificial debt fill a infrastructure hole & likewise sell off public assets be in effect sustaining any growth when an ever greater volume of an already deficient circulation is ever more dedicated to an irreversible multiplication of artificial debt?

    Well it simply cant sustain any purported growth in this lie of economy , mathematically impossible, so long as we are paying principal & interest out of a circulation thats only ever comprised of principal.

    Australian treasure (dimwit) Joe Hockey calls it “recycling money “ which is really ” recycling stolen money”, partaking in a monumental crime of theft of course to irreversibly multiply artificial indebtedness, perpetually re-inflating a however deficient circulation & selling off public assets to service an artificial debt thats mathematically impossible to to pay down, & how on earth can this possibly be investing in productive infrastructure if its not artificially sustaining what’s left of industry & commerce, which is hardly an investment at all but rather buying time at the dire expense & complete dispossession of whats left of productive infrastructure, public & private in the end.

    Joe Hockey must be a complete & utter moron or he is playing the Australian public for fools, either way he & all his political counterparts at Federal & State levels, including purported local governments / councils are committing high treason. .

    • Thank you for your link however MPE proves most if not all of your assumptions incorrect, such as excessive sums of money, how so are these sums excessive , could it be excessive in relation to the cost of Goods & services?, if so how so if we are paying principal & interest out of a circulation that’s only ever comprised of some remaining principal at most, however it is true private banks don’t create money nor would a mere publisher public or private either, mathematically impossible simply because neither do banks or mere publishers give up consideration of value of their own which would be otherwise commensurable or equal to a purported loan.

      If you had an banking economy with 2 tomatoes and 2 dollars, & each tomato costs 1 dollar a third is not created, rather the 2 tomatoes are artificially inflated in price only due to unwarranted interest imposed on falsified debt, which is logically an added cost passed onto the consumer in the resulting cost of goods & services or the tomatoes in your example , as result the bank , or mere publisher who pretends to loan money has not only stolen the true value of the tomatoes plus interest, but devalued the currency due to the perpetual theft of principal & interest & loaning it back as perpetual re-inflation , federal & state debt , irreversibly then multiplying artificial debt.

      If a Government or state can create money what consideration of value does a mere publisher of money (public or private) give up of its own that would otherwise represent the value we the people give up to each other when we sign & issue a promissory note or obligation before any banking book entry, when we only purport to loan money from a mere publisher or bank?

      Assuming our time or work magically creates interest as increased value above the sum value of any preexisting principal is preposterous to say the least.

      Logically you can only get increased value upon further production as *increasing volumes* of principal regardless. Earned profit therefore is * increased value* upon further production, which IS an * increasing sum / volume of principal * , however unearned profit or the unwarranted interest banks impose on what are clearly falsified debts is a * perpetual decrease in volume * below the value of its intended representation or below the * sum / volume * of remaining principal .

      Because of the inherent volumetric impropriety caused by the very interest we the people pay out of circulation on our falsified debts its therefore a LIE to assume that an increasing volume of circulation exists above the cost of goods & services today & its likewise a LIE to assume a consequential multiplication of artificial debt ( perpetual re-inflation) is the very cause of price inflation in any remaining volume of circulation subject to interest, therefore logic alone can only tell us the very cause of price inflation since the very conception of banking is caused by the banks second crime of unwarranted interest imposed on a falsified debt that indeed all industry & commerce pays to a bank which is logically then an added cost passed onto the consumer in the price of goods & services on top of any resulting sales taxes /extortion to merely service an artificial debt ( federal debt ) that’s mathematically impossible to pay down so long as we are paying any sum of interest on our personal but falsified debt, concluding then price inflation is almost entirely artificial which is a further theft contrary to the LIE taught in all economic schools & universities that merely assumes without any proof or qualification that increasing prices means increasing value , NOT SO LONG AS THAT VALUE IS STOLEN X2 ON OUR VERY OWN PERSONAL BUT FALSIFIED DEBTS TO ALL THE LOCAL BANKS. .

      INFLATION IS NOT TAXATION, rather unwarranted tax ,or most if not all tax today is a consequence of a far greater crime of theft, taxation is a further deficit on the remaining volume of circulation , paid out above the sum of interest on all our falsified debts to local banks, which is again not only the former deficit but an added cost passed onto the consumer in the cost of all goods & services.

      Below are a few links you may be interested in Iakovos?
      MPE debate Challenge

      The cause of inflation

      The lies of economy

      Why a gold standard cant work

      Refuting Anthony Migchels

      Have a nice day Iakovos :)

      PS: This entire blog is No conspiracy theory , rather proof of solution, evidential fact that can be readily proven with 2nd grade mathematics & elementary logic, which I may add no one on this planet has formally disproved in over 45 years now. Your welcome to try but be aware if you do only to promote exploitation I will hold you personally accountable like all those before you.

    • You don’t understand how the economy works. Let’s say I have 100 dollars. That’s all the money in the economy. And I have a surplus of 100 tomatoes. You borrow the 100 dollars and you have to pay 110 in one year.

      You don’t have to come with 110 at year end. You can create goods that I will be willing to buy for 110 dollars and you close your debt. That’s how it works. Nobody has to print new money. I explain that in my document “The fallacy of the money as debt documentary”

      If you accept the documentary “money as debt” as correct, you have to spend time realizing that you have no economic knowledge. Do you consider the “money as debt” as correct?

      thanks for the reply

    • You don’t comprehend a bank or mere publisher of money neither risks or gives up consideration of value, not in their alleged creation of money nor in any alleged loan to one of us, so on the contrary I do comprehend today’s LIE of economy & this blog is proof ?

      I suggest you come back after you have studied my links or my entire blog & tell me where you have gone terribly wrong in your assumptions.

      Here’s a clue, you may want to begin by explaining to me what the difference is between earned profit & unearned profit.

      As for your money as debt , you like so many have been misinformed sadly .

      http://australia4mpe.wordpress.com/refuting-paul-grignon-author-of-money-as-debt/

      And why would I have to borrow when I can create ,pay & retire principal at the rate of consumption . MPE increases a circulation but its always equal to remaining circulation , equal to remaining obligation ,which is equal to remaining value of represented property, , eradicating interest solving then inflation & deflation altogether , not rocket science if you can manage to remove all the lies of economy out of your head, which can only bring you undone if you don’t & persist on advocating exploitation based on these lies of economy.

      MPE for dummies

      http://australia4mpe.wordpress.com/category/mpe-for-dummies/

    • You said “.. if so how so if we are paying principal & interest out of a circulation that’s only ever comprised of some remaining principal at most….”

      That’s one of the arguments of the propagandistic documentary money as debt

    • Money as debt is a plagiarist attempt or cheap rip off of MPE that’s got it wrong regardless? Paul like yourself has it ALL wrong & your both advocating exploitation or THEFT as result sadly. MPE categorically proves you are if you actually think a bank loan can be justified when the bank or mere publisher of further presentations of our promissory obligations neither risk’s or gives up consideration of value, worst still pretending to loan value the bank or mere publisher neither gives up at interest, which is principal value that we the people really give up to each other in an otherwise unexploited principal debt or exchange where there are no loans or borrowing.

      Come back when you can explain to me what the difference is between earned profit & unearned profit & we will undress your purported solution just as I have done with Paul.

  3. Wikipedia says:
    “As a loan is paid back through reductions in the demand deposit liabilities the bank owes to a customer, that commercial bank money disappears from existence.”

    So what’s going on? Do they really retire principal? I can’t figure out how or when they do; the wikipedia paragraph seems like nonsense.

    • Wikipedia is lying , money doesn’t disappear, this is only coming from a world of willful blind ignorance such as the money created out of thin air LIE , rather its first stolen, then laundered, & loaned back as irreversible multiplications of artificial debt , perpetual re-inflation, likewise there is no loan for starters & as result no one is paying back what the bank never gave up in the first place. You don’t pay back a theft , you pay interest for the privilege of being robbed on every exchange, its that simple.

      Taking into account the average cost of a house in the 1960s was about 10 to 15 thousand & its now well over 500 thousand , admittedly the average wage in 1960 was only 30 dollars , but regardless of wages this not only reflects years & years of perpetual price inflation caused by interest but the bank is stealing way way more today that we have to work even harder & harder for as does the political betrayers in extorting even more & more money from us only to borrow it all back to perpetually re-inflate circulation on an artificial debt that is mathematically impossible to pay down . I mean the evidence is elementary really, like a dogs preverbals.

      http://www.retireonproperty.com/propertyinvesting/research/australian-property-prices-since-1960/

      Homes are built at inflated costs due to interest from the get go , just like everything else, but why do homes go up in price when everything else depreciates, a home will fall down in 100 years? Likewise Land *changes*. It is not consumed. It is not rightly claimed to be owned — even if we “paid” someone “for it” — for the original creditor paid nothing and the creator never took a penny or meant to deny us full/free usage.

      It is as if I declared today (being “a smart guy” [exploiter]) that I own the air; and I mean to charge all of you for it. Eg: carbon tax.

      So let me own the water; and the space around the earth; and the cosmos; and I am only an exploiter; and whoever “buys” from or through me is a damn fool.

  4. Hi again Dave,

    Would I be correct in saying that it’s not primarily the interest charged on the purported ‘loans’ that leads to price inflation but rather the fact that the banks do not retire the principal? Is this not the larger factor because they essential counterfeit the entire principal and then freely spend it as if it were representative of a genuine promise.

    Though I’m thinking that even if they did retire the principal, prices would still rise because of the unearned profit of interest. A 1:1 ratio of circulation to outstanding obligations would be maintained but bankers would be profiting without actually doing anything of value and as such everyone providing actually useful services would have to do more work comparatively, leading to a slow creep in prices.

    Not that this would be at all a reasonable situation, I’m just trying to wrap my head around the mechanics of what’s going on.

    P.s. I enjoyed your article ‘The Parable of the Talents’.

    Mark

    • Gday Mark

      Any sum of Interest we the people pay on our personal but falsified debts to local banks is most certainly the primary cause of most if not all price inflation regardless if the bank steals it first as a sum of principal & even spends it back into circulation, however they do purport to loan it back again & again in subsequent cycles of re-inflation don’t they now , such as federal debt right?, therefore banks don’t spend the entirety of what they steal back into circulation , far from it , logic tells us if the banks are stealing all the money ever created into circulation by pretending to loan money, logically what banks spend such as employees wages , electricity for banks etc , even the interest they pay on deposits is only then a mere fraction of what they steal, therefore logic tells us the banks are NOT retiring what they steal, in all seriousness how can the banks retire what they steal , its mathematically impossible when a sum of interest is always regarded as a banks profit & the sum of interest one pays to a bank is often the sum of principal that was allegedly loaned & only ever issued into circulation , so if your paying a sum of principal plus a sum interest your essentially paying two times the principal in total to a bank.

      See a banks alleged Loan repayment calculator where its clearly obvious this is the case,

      http://www.nab.com.au/personal/loans/home-loans/loan-calculators/loan-repayments-calculator.html

      They’re stealing the principal in interest & calling it a banking profit which is the banks second crime & this is not even accounting the theft of the former sum principal they pretend to loan you only as if it was the banks principal value to loan out which is the banks first & foremost crime , so they’re stealing in the order of 2x the principal in total on a purported loan, any sum of interest therefore causes price inflation on whole & the banks don’t retire what they steal, I mean the elephant in the living room here is your federal & state debt ,which are perpetual cycles of re-inflation or the irreversible multiplications of artificial debt is it not?

      Nevertheless Here is a video I done in regards to this very question

      In MPE we are eradicating interest by eradicating loans or the banks first crime to therefore eradicate price inflation on whole, eradicating the practice of banking altogether without any compromise whatsoever, we retire money at the rate of our consumption of represented property resulting from our issuance of a promissory obligation , that’s not a loan, we are not paying back to someone who gives up nothing , we rightfully retire money simply to solve the otherwise circulatory inflation if we didn’t retire the principal, we are NOT perpetually re-inflating circulation like today ,irreversibly multiplying artificial debt so its physically possible for only some of us who have the ability to earn principal & interest out of circulation of only principal to pay the former sum of artificial debt.

      Keeping in mind MPE does not claim to eradicate natural price inflation which is for example if strawberries are in short supply such as a result of a cyclone they will rise in price of course, apposed to a bumper crop of strawberries their price will naturally fall , however these fluctuations will be often temporary isolated cases that most should be aware of anyhow regardless ,which indeed wont reflect the prices of everything else .

      In retrospect there’s no evidence in history that categorically proves increasing volumes of circulation above representation has ever preceded or even caused price inflation, we can only surmise increasing volumes of circulation above the cost of goods & services can cause price inflation which is a alleged law of money that’s yet to be substantiated by formal proofs, contrary to the preposterous false assertions that so many repeat as factual when at the end of the day here circulatory inflation has clearly NEVER existed in any purported economy subject to interest, however I must stress this is something MPE most certainly doesn’t ignore to a point where the 2nd grade mathematics & lets not ignore the elementary logic here that likewise proves & demonstrates MPE can indeed insulate a volume of circulation from any outside adverse volumetric impropriety.

      What is the 1.1.1 ratio that eradicates most if not all inflation but likewise insulates a volume of circulation against inflation & deflation on whole.

      Well, The meaning of ” inflation ” is to increase but its an abnormal or distorted increase, so there is NO such thing as inflation & deflation in MPE because there is no distortion or abnormality ,even circulatory in nature neither a increase or decrease of circulation is abnormal or distorts the availability of the remaining volume of circulation that it was intended to represent in relation to remaining property value & remaining principal debt /obligation which are balanced or always equal at all times .

      With the total eradication of interest In MPE we have no price inflation on a whole because the interest imposed on all our business & commerce today that’s likewise passed onto the consumer is non existent in MPE .

      Circulatory Inflation & deflation therefore just doesn’t happen from the get go in MPE even when an obligor issues a promissory obligation for new represented property that issues new money into circulation simply because this increase of circulation is immediately equal to the remaining principal debt & remaining value of the property that the obligor purchased so long as the obligor retires principal at the rate of their consumption there is NO inflation or deflation.

      Deflation is to reduce or a reduction in the availability of circulation resulting in a deficient circulation . so in MPE we don’t even have deflation or an insufficient volume of circulation simply because we will always have exactly the required amount of money per representation available left in circulation to pay down & retire the remaining principal from circulation in servicing any outstanding obligation , balancing then circulation equal to the remaining obligation & equal to the remaining property value .

      Circulatory Inflation & Circulatory deflation therefore means there is an adverse volumetric impropriety that exists in the remaining availability or volume of circulation for what it was intended to represent which is a volume of circulation that’s abnormally above or below its intended representation, therefore the remaining volume of circulation is not balanced or not equal to the remaining property value & not equal to the remaining obligation or principal debt.

      And finally don’t think for one second your not paying principal & interest to a bank even if you haven’t an alleged loan, because all the interest industry & commerce pays to thieving banks above the sum of principal is logically passed on to the consumer as an added cost in the resulting price of all goods & services, hence interest today is not only artificially inflating prices but its the primary cause of most If not all price inflation on a whole today, artificial in nature, while the true value of all money & property is being stolen right under your nose to irreversibly multiply artificial debt that’s designed to dispossess everyone’s property & wealth ,ever since the very conception of banking which is a deception that dates right back to the ancient ruse of the money changers who are the current banks of today, contrary to the common misconception or LIE that irrationally assumes banks are just printing all this money out of nothing or thin air , which is a LIE perpetrated on a monumental scale & sadly repeated endlessly today, so you never ever see the banks first core crime against us, much less its second crime of interest & as a result never ever see the very hand that steals from all of us

  5. ObfuscationNation said:

    Yes I fully understand the Obfuscation of the world’s currency. The stealing of our PO’s we have to each other , the laundering of the circulation by unwarranted charging of interest on debts falsely claimed by a bank whom give up no consideration of value of their own commensurable to the falsified debt. I’m on it.

    • Sweet mate ,, This is how I put it just recently on pootube for the absolute layman who knows nothing of MPE of course.

      There has never been any lending or borrowing since the conception of banking so why would I propose anything else but to rectify today’s falsified debt that pretends to loan money into what it aught to rightly be?

      Most people fail to even comprehend the only real intrinsic value is what money actually represents, evidences & records upon the exchange, promissory obligation inclusive, which is in short the value of the labour & production we give up to each other, which is logically a principal debt where there are no loans or borrowing .

      However ever since the conception of banking, all banks, no exceptions, have falsified this otherwise unexploited debt to themselves by unjust intervention on the exchange or contract, pretending then to risk or give up value of their own in the exchange, either in banks purported creation or publication of money, or any purported loan the bank may impose on one of us as a result.

      ” Once one removes from their psyche the illusion of a loan associated with the word debt, one can then remove the illusion of a bank associated with the word money. Only then do the people restore their rightful ability to promise to pay an unexploited obligation, with one’s own labour and production, for what one consumes of another’s labour and production … where there are no loans, no borrowing, and only as a result, likewise is there no interest.. “

  6. ObfuscationNation said:

    With Holden on the verge of ceasing Australian operations, all the talk is of the high Australian Dollar impacting on foreign sales and the carbon tax which no imports are subject to, which impact on domestic sales. This is not the full picture now is it? Also Hockey says that we should purchase more cars to help the industry, which is a pure cop out evading broader discussions. I’m confused here.

    • So you should be confused with all these imbeciles who pretend to run Australia & its indeed purposely designed this way through banking run media to point you & everyone out there at symptoms rather than the very hand that steals from all of us correct? .

      The value of the Australian dollar is purely artificial based on lies & theft at the end of the day, carbon tax will be replaced by some other means of extortion & or cuts on federal spending regardless, likewise if we import more than what we export its effects can only be further adverse to this lie we call economy today regardless what that moron Hockey pretends to know, however you do know the root cause of all this bullshit your getting of late don’t you now mate, & this is all you really have to know is the root cause & of course the proof of solution .

  7. Hi Dave, Just another idea while reading this would be a very modest payment for insurance. It would be a very low payment incurred since the odds of this (premature death) is very low. —- Rick

    • Gday Rick mate :)

      Of course everyone will be living a far better life in everything they do & the ramifications of this may reflect on insurance premiums of course, not only things lasting longer in what we produce, but also our life & life style.

      First of all we really have to take into account Insurance companies in MPE wont be owned nor financed by thieving banks, so we have to work this out on implementation don’t we ?

      Now Insurance premiums for a house could be an additional payment when you pay down your obligation & when you sell your house what you have already paid in premiums may transfer over to a subsequent house you may purchase taking into account the difference in value when the homes were built brand new to replace in the case of a fire burning your house to the ground , who knows there might be some type of rebate in premiums when you sell your home instead, minus any cost , or something similar if you don’t claim on any health insurance maybe.

      Whether its public or private insurance or both in MPE & its up to the people really Rick, but if there was public insurance in MPE I imagine people will be paid on a claim more often right? , apposed to banking run & owned private insurance companies today who are renowned for welching on a pay out, particularly when its subject to artificial price inflation.

      If you think about what I’m writing logically public premiums will be lower than any private premium simply because the public insurance will be run at cost only, void of any exploitation by banking or otherwise, & by rights be non profit at the end of the day, wont it mate?

      Say for example we might have public insurance for the important things we all need such as housing, medical etc & private insurance for whatever else such as collectors items maybe , nevertheless all this will be open for debate & ultimately the peoples choice upon implementation of course , keep this in mind OK.

  8. Hi Dave,
    I came across your videos and blog a while back but wasn’t ready to receive the information. The past week or so I’ve really been digesting it. The following rings true:
    “Jesus said, Let him who seeks, not cease seeking until he finds.
    And when he finds, he will be troubled, then he will marvel, and he will reign over all.”
    I have many questions to ask both about the current system and MPE but for now I’m troubled by a simple one:
    Let’s say I buy a house on the back of a promise to pay down $200,000 over 100 years. In the unfortunate event that the house burns down, a complete loss of property value and taking my life with it, how is the circulation retired given the obligor is no longer alive to fulfill his obligation?
    Similarly, how is simple damage to property–such as breaking a chair prematurely–handled in order to maintain the 1:1:1 ratio?

    • GDay Mark

      In relation to your first question, which I might add can be an extreme case scenario when we may have a deceased with nothing else to redeem or no other property to sell so as to pay down the remaining obligation for the house, such as for example any old age retirement ( If you earn money or work most if not all of us will be self retirees in MPE ), any other savings, or even *unrepresented property* the deceased may have formerly purchased out of their earned profit or savings who logically , now , cant physically pay down their remaining obligation on their house because their dead basically right , so in this worst case scenario where there is no collateral to redeem from the deceased obligor we can ultimately fall upon taxation to retire the money that remains in circulation that may still otherwise represent that house in the 1.1.1 ratio.

      How do we do this fairly by taxation you may ask , well, for example we may have a public bus service in MPE where ultimately the people will be paying to use, consume & retire the money that built those buses right , which is a form of tax paid as a percentage or part of the cost of a bus ticket really, its a hidden tax in some respects but most people will soon learn all public infrastructure has this tax that will be ones choice to pay I may add to use or consume public infrastructure & logically if your choice is not to use or consume public infrastructure your consequently not taxed, keeping in mind there are no other taxes in MPE because we are not perpetually re-inflating circulation with an irreversible multiplication of artificial debt & most importantly we only pay for what we consume both public & private.

      Now If it takes 100 years to retire the otherwise remaining consumption of that $200,000 home we would then have $166.66 a month to retire from circulation correct, & hypothetically if we had 10,000 people who purchased just one public bus ticket a month we could up the price of that bus ticket by an additional 1.6c so as to retire the otherwise consumption left of that house keeping to that 1.1.1 ratio.

      Upon implementation the people may choose to divide these added costs to retire these unfortunate obligations of a deceased with no representation or property whatsoever to redeem , or for another example even pay for one who maybe totally incapacitated such as a quadriplegic, therefore dividing these limited but however extremely unavoidable added costs across the board in what we pay to use or consume public infrastructure such as an added cost placed on fuel that may also additionally pay down the roads, which in fact will be a cost far less than what we pay today simply because most of the cost at the fuel pump today is taxes that pays an artificial debt or a federal debt that’s mathematically impossible to pay down, & of course under MPE as you pay down an obligation whether its public or private the monthly sum paid to retire circulation reduces on the subsequent months remaining , not to forget all along price inflation caused by today’s interest will be nonexistent also.

      In relation to the second question with the maltreatment of a chair, or any represented property you may have purchased for that matter by issuing a promissory obligation you would then have devalued that chair beyond its otherwise remaining consumption so of course its your loss & your loss alone, where you would still have to retire the otherwise remaining consumption left on that chair regardless, even though it may be missing a leg ,likewise the same applies to a house if your still have the capacity to pay down that obligation, its your loss alone, that’s if you don’t have any insurance of course that will be void of any banking or its exploits in MPE.

      However in reality like all every day costs you would probably purchase that chair out of your earned profit or earned savings as such which is a further representation of a promissory obligation at the end of the day, which is money you have already earned from a pool of wealth or from the remaining circulation where someone else logically issued a promissory obligation purchasing new representation, spending that money so you or anyone can earn it as it circulates, so long as there is remaining consumption left on represented property of course .

      Also to note you can give your earned savings or earned profit away in MPE if you really want, nothing stopping you doing this in a true free enterprise market & what money you give away out of ignorance or otherwise good will, still circulates unimpeded regardless so another can earn that money from a pool of wealth & retire their obligation keeping to that 1.1.1 ratio.

      Its still buyer beware in MPE with regards to savings or any earned profit you may possess however, only thing its very important to note you cant issue a promissory obligation ( money creation ) for nothing , or issue a promissory obligation above the remaining consumption or depreciation of the related property thus adhering to the 1.1.1 ratio, either on already represented property where you simply take on the remaining consumption or obligation of another on any subsequent sale without necessarily issuing any new money into circulation with the exception if one adds a new room to a house that may increase the remaining consumption or value left on that house , or on any new represented property that may otherwise issue new money into circulation on the original sale of course.

      You may want to read the comments on my debate challenge mark , where It might answer any further questions of uncertainty you may have in relation to these questions, likewise MPE for dummies is a good reference pertaining to your questions & my answers particularly in relation to what is * unrepresented * & * represented * property, any increase or decrease in value attributed to the remaining consumption on related property, paying down your obligation sooner etc, if not just hit me up again OK.

      James 3:13-18
      Who is wise and understanding among you? By his good conduct let him show his works in the meekness of wisdom. But if you have bitter jealousy and selfish ambition in your hearts, do not boast and be false to the truth. This is not the wisdom that comes down from above, but is earthly, unspiritual, demonic. For where jealousy and selfish ambition exist, there will be * disorder * and every vile practice. But the wisdom from above is first pure, then peaceable, gentle, open to reason, full of mercy and good fruits,

      Dave.

  9. ObfuscationNation said:

    • Indeed it is drivel mate , & an insult to my intelligence when Glen Stevens indicates he can’t afford to have the Aussie dollar stay anywhere near its current levels when its actually his doing that’s artificially inflating the Australian dollar.

      As for David Taylor I’m afraid he needs to go back to school & repeat 2nd Grade mathematics because he is telling the reader rising interest rates will inflate the currency? . On the contrary interest at any rate is a perpetual deficit on any volume of circulation that’s only ever comprised of some remaining principal at most, therefore rudimentary logic would tell a 2nd grade student that rising interest rates can only deflate a volume of circulation at an even greater rate.

      So what this all boils down to is that we are in the terminal stage’s of monetary destruction of course, where no amount of artificial sustention can possibly give the green light to these central wankers to raise their interest rates simply because they damn well know what you & I know right mate & that’s if whats left of all industry & commerce cant sustain this irreversible artificial debt ,& they cant mathematically impossible so long as they are paying interest on their own falsified debts, therefore the banks cant possibly raise interest rates or steal even greater volumes of circulation because if they did the result can only escalate the reflation process or escalate what is an irreversible multiplication of artificial debt at an even greater rate where an even greater amount of people including all industry will be disposed of all their property & wealth & this is exactly why banking is terminal, however this is not to say these smooth criminal wankers cant keep granny on life support for another 2 or possibly 3 more decades essentially squeezing the very last drops of life blood out of this lie of economy before it inevitably all goes belly up with a world wide depression I might add that will be a nightmare beyond most peoples imagination today.

  10. ObfuscationNation said:

    Treasurer Joe Hockey announced a one-off grant of $8.8 billion to the RBA to replenish its reserves.

    http://au.finance.yahoo.com/news/rbas-8-8b-grant-means-053710565.html

    • Thank you for your links & So far these links can only confirm our purported representatives not only work for banks but likewise partake in a rather complex money laundering racket don’t they now.

      Let me be clear to begin with the Australian government never printed or published money by selling treasury bonds & its a lie to even suggest such a thing here simply because the Australian government gives up no consideration of value of their own, therefore treasury bonds are even a further misrepresentation & only means & very purpose is to perpetually re-inflate circulation with what has formerly or already been created via a our promissory obligations regardless of the banks purposed obfuscation or former misrepresentation of our promissory obligations from the get go upon the very conception creation of money when we only purport borrow from peripheral banks.

      To be clear once again the federal reserve bank of Australia or the mere publishers of further representations of our promissory obligations are no more federal than federal express & nor are they of any bank of any reserve.

      Therefore this purported gift of 8.8 billion by these political betrayers to this thieving central bank smells of some type of quantitative easing / bailout measure , & the reason I write both QE & bailout is because the conventional bail out multiplies federal debt , taking into account the recent upper limit proposal of a sum total of 500 billion on federal borrowing/spending or gifting ? & the QE here is indicating its going directly to the central banks so it can obviously cover a short fall to purchase debt securities of the likes of our promissory obligations that have the only value from failing peripheral banks, only to settle the inter-banking debt , which is at the end of the day keeping the doors of the money laundering offices open for further theft & exploitation, where the money will nevertheless end up in the hands of the central bank regardless how they structure it.

      I myself describe rather crudely that the conventional QE is generally a central bank bailing out peripheral banks using what they have already laundered into their possession in the first place via the peripheral banks, where they are just settling outstanding inter-banking debt due to a break in the money laundering chain through our falsified private debts as such, where a greater amount of people are losing their credit worthiness through no fault of their own of course, in other words due to ever increasing debt defaults in the private sector, where I believe in the case of QE no money really changes hands between banks myself, although this is debatable but one thing is for certain the QE process bypasses the federal debt process altogether, so in this unique case although the 8.8 billion may have been acquired through former federal borrowing to begin with & or acquired from any resulting taxation/extortion thereafter its not then a factor that the sum of 8.8 trillion here contributes to a further multiplication of federal debt within this particular cycle as such, simply because the political betrayers are purportedly giving or gifting the 8.8 trillion, like all other taxes collected thats either going directly or indirectly to the central bank for what appears in this case of some sort of quantitative easing measure or insurance in regards to interbank debt default either now & not telling us or down the track,rather than a purported representative government borrowing this sum just one more time only to pay it to a central bank , just one more time at even further interest, even though its a mathematical certainty this sum will be inevitably borrowed back at a later stage , multiplying artificial debt again upon further cycles of reflation anyhow, so long as whats left of all our industry & commerce can sustain this irreversible artificial debt , so of course in conclusion here, all this is a means or another process of artificial sustention that doesn’t solve an irreversible multiplication of terminal but artificial debt & a rather poor attempt to preserve ultimate monetary destruction at best, actually its out right criminal & constitutes a monumental crime of treason in my humble opinion.

      But hey ,,what would I know ? ” the only true economy ” that proves the inherent faults & therefore resulting crimes & injustices in this lie of economy we all live in today ,,that’s all.

      I reiterate again the people of Australia will have to learn the hard way, because they’re certainly not listening to me & nor will they possibly until point break, where the majority is just about on the brink of losing OR already lost just everything they dearly worked & saved so hard for, by which time it maybe just too late for them & they will only have themselves to blame , their choice NOT MINE I may add.

  11. ObfuscationNation said:

    Australia’s Debt ceiling lifted as audit announced

    http://au.news.yahoo.com/a/19499762/debt-ceiling-lifted-as-audit-announced/

    • Treasurer Joe Hockey ” monkey see monkey do “ will ask parliament to lift the cap on borrowings to $500 billion to give the federal government room to cope with global economic uncertainty. , Banker jockey Hockey is another blithering fool , public debt is already $400 billion so lets up it another $100 billion to keep the artificial sustention going while all along the local banks are in the process of looting in the order of 2 trillion on the ground floor in private debt through their obfuscation of our promissory obligations so another 100 billion extra can be laundered back into circulation via treasury bonds,, should be OK I imagine at the expense of people being further dispossessed of their property & wealth through no fault of their own of course , I mean there is still a few trillion or so left out there to be redeemed on a theft to begin with right, so whats another 100 billion on top of the already 400 billion & lets not forget the added bonus of further taxation on those who are still employed here , hmm I wonder what extortion racket banker boy jockey is dreaming up this moment for his employers to squeeze more money out of us to service this artificial debt that’s mathematically impossible to pay down?

      Just as I called it pre-election I may add http://www.youtube.com/watch?v=S5xNeNzhSUE , unfortunately vindication is not so sweet when people refuse to see it sadly. Oh well bring it on the people have to learn the hard way.

  12. ObfuscationNation said:

    Absolute Consensual Representation.

    Could you define this phrase for me, in your own words in the Context of MPE?

    Having trouble getting my head around the notion. Cheers.

    • It is my opinion absolute consensual representation or ” ACR ” means the people are absolutely representing themselves by their own consent or simply self governing themselves if you will.

      ACR is articulated in the mandate which limits political power & spending basically ? , however we will have public servants that will have limited representation in some respect though, or rather politicians who serve the people NOT BANKS, as administrators only.

      I mean we need someone to do the administration don’t we, but I must stress politicians will be limited in the power that we the people grant them, which is also outlined in the mandate of course,,, relating to what are treasonous acts & so on, unlike what we have today & anything we have seen in the past really.

      read more

      Putting it simply it will be the people who will be holding all the purse strings matey. The hands of politicians will be tied well & truly when it comes to administering a nations affairs which includes restrictions on spending, building infrastructure etc, simply because the people have to recommend public spending first, thereafter its affirmed or consented by the people by a referendum or vote for example within the area where that infrastructure is built & if money is needed to go to war on a national level for example, or anything spent for the nation on a whole the nation therefore votes.

      Now there will be administration budgets that will have to be kept of course that will meet the mundane things like photo copy paper for example & if that budget needs to be increased it has to be justified, which may even go to a vote, considering we will have no inflation in MPE any politician will be hard pressed asking for more money in a given year to administer the nation.

      See the beauty of ACR is even if you vote no for some public infrastructure you don’t want in your area & your in the minority vote , your not going to use that infrastructure right?, so your not going to be taxed to pay down that infrastructure as you would consume of it if you did vote yes, likewise if you vote no to go to war & in the minority vote you don’t pay any further taxes to fund war you didn’t vote for buddy, there are no other taxes other than what you pay to use or consume infrastructure of course.

      There is more in the mandate regarding media & the like , I do suggest you read it , its in audio here on this blog so you can just listen to it at your own leisure, the audio is likewise in 12 sections so one can even listen & or read a section a day if they wish. SEE THE MANDATE .

      ACR is what true sovereignty should be in my opinion, where the people govern themselves holding all the purse strings for its the people who give up the only consideration of value right?.

      Any questions of uncertainty you may have pertaining to the mandate or any section just hit me up ok :)


      return

  13. Very clear reply, thanks!

  14. ObfuscationNation said:

    Would there be a stock/share market in a MPE?

    • Upon implementation of MPE the existing share / stock market may coincide with MPE for a brief period, however I write ” brief period ” simply because no one will be able to allegedly borrow so as to invest in any share market at this stage, likewise one will have a choice to transfer their purported investments into their saving account within the CMI. I personally would not want to be investing in the current share market much less when MPE is implemented, put it that way.

      read more

      As I see it one can still share in profits of a particular business in MPE where one can invest their earned savings/profits in a business & therefore as a consequence one may share in the earned entitlement / profits of that business.

      The share/stock market as we know it today along with its speculative nature due to exploitation will just go away really, but this is not to say one cant still personally invest in a joint business or venture if they so want. Even if one did issue a promissory obligation to invest in any business or venture, one would have to first demonstrate issue/credit worthiness to begin with so as to have the ability to issue a promissory obligation, which would likewise in turn have to be fully collateralized anyhow so if that business or oneself for example fails for any reason to fulfill that obligation, unfortunate or otherwise, the collateralized property in question can be fully redeemed so as to retire the circulation that represented that obligation.

      Essentially in MPE people maybe investing & sharing in earned profits with in a true free enterprise market but it wont be a casino as such based on pure speculation & unearned profits like today’s lie of economy, No free lunches in MPE remember, so one has to go out & legitimately earn their entitlement or money , I would imagine day traders of the likes of today will have to go out & get a real job, which is not to say there will be a shortage of employment for these individuals who currently earn a living from the process’s of today’s banking exploits.


      return

  15. ObfuscationNation said:

    A question which seems simple enough ,yet I cannot get my head around articulating and answer is:

    Who benefits from the current lie of “economy”, where our PO’s are obfuscated and we are falsely indebted to the publishers of these PO’s?

    Is it bankers, is it owners of banks (are these one and the same?)
    Is it Government Reps., is it both Reps and bankers (bank owners)?

    • If I may rephrase your question , who benefits from the banking theft?
      1) If your a direct share holder in a central bank its a win win all the way till ultimate collapse because the central bank would have consolidated all property & wealth public & private in the end.

      2) Those who are temporarily benefiting from the banks theft are those who still remain credit worthy , in other words those who still have the ability to earn principal & interest out of a circulation that’s only ever comprised of some remaining principal at most, at the expense of course of a ever greater volume of people who mathematically cant earn the principal & interest so those others who can , can earn principal & interest, thus as a result those who cant earn principal & interest are being dispossessed of all their property & wealth through no real fault of their own , its a bit like musical chairs when you think about it really.

      read more

      3) As for the current political representatives , well what can I say mate , how can pathological liars, psychopaths , dimwits & nincompoops benefit from the banks theft?, they cant in the long run because they are in the same boat as us really. I guess their ego could benefit from all the banking run media out there who put them on a pedestal selling the idea that these morons are doing something good for the country. You know a party only needs to have a couple hundred zombies so they can qualify for the running in any election? , its a joke if you ask me. The central banking system / thieves , & I mean all banks together runs the whole show, even though all the local banks will fall over in the end with the only bank standing holding all the booty being the central bank, or mere publishers of our promissory obligations.

      On a side note, I have been working at putting the latest ” 2013 mandate ” in audio format on this blog, should be in the menu tomorrow, I have spent the last 2 weeks putting it all together. I think you will like it.


      return

  16. ObfuscationNation said:

    This site needs a chotaboy Budget Reply , I think.:)

    • If you are referring to Australians purported financial budget, then See news & politics in the menu.
      If you are referring to a budget for my work here on this site ,,,, there is none, I do what I do for free.

    • ObfuscationNation said:

      Referring to the former, thanks, a very informative blog you have here, virtually every stone overturned, every question answered.

  17. I’m sharing this correspondence from youtube , so others may learn from the Q&A .

    Re:Your comment
    Subject:
    Date:04/27/13

    Message:Hi,

    You commented on one of my videos (“Do You Know How Much Tax You Pay?” https://www.youtube.com/watch?v=rsoFl3FLBWw) suggesting that MPE offers an answer or solution to some of the questions raised in my video. I have looked at (your?) proposed currency system so that I could respond from an informed position.

    MPE is an inspired approach, certainly worth considering, although, it seems, the system is not fully developed in terms of full practical application. I have a few questions (below) for which I could not find answers. If you, or someone familiar with the proposed system can respond to these questions I would hope to be be better informed when I respond to the comments on my video. Brief and direct answers (as opposed to “Go to my web site”) would be preferable.

    read more

    1) I could not find how the system corrects for people who fail to pay their obligations, or who fail timely. Can you explain how that failure is corrected in the MPE system? For example, I take an obligation of $200 in exchange for some fireworks. On that same day I shoot off the fireworks (depreciate them) and fail to return (pay down) any currency on the obligation. (a) How does the system hold me accountable, if it does? and (b) How does the “perfect” accounting re-balance itself?

    2) I could not find any mechanism of reliable security. The proposal seems to be that the accounting system is not in a bank but simply “online”, administered, presumably, by a public agency. There is no such thing as online security, and the data is vulnerable to both insider and outsider hacking and manipulation, also, public servants in the USA are in effect “immune” from prosecution for corruption, malfeasance, negligence and even in some cases criminal violation. How would public servants be held accountable for misconduct or abuses in the administration of the system?

    3) When I buy a house, currency or credits must be created with which the house can be “paid down”. Obviously I (the buyer) do not receive the currency AND the house, or else I could simply hand the currency back and “pay down” the obligation without contributing any sweat equity. So the currency must be placed in circulation so that I may earn it back and return it in the pay-down. How is that currency introduced into circulation?

    4) I am not clear on the mechanics of the sale of, say, an existing house upon which the obligation has been funded and fully paid down. It seems that when a house is paid down, it no longer is represented as having value, yet land always has value. It is then a “free and clear” property to whoever takes possession of the house. The land has value while the house may need repair or replacement. If I pay off my house and land and wish to sell them, do I draw currency credits for the investment I made in the house? I cannot draw those credits from the MPE system, because if I do, I must pay them back. The new possessor of the house has no obligation to anyone because the house is paid off. Please explain how I secure and recover my investment when I release the house to a “buyer”. It seems that, in the MPE system, we may have to “rent” the property until it is fully consumed and non-existent and it would not be possible to possess property permanently without continuing payment as an occupant or “renter.”

    5) How is it possible, upon initiating the obligation, to accurately determine the date of “full consumption and depreciation” and therefore insure that payments are finished on the same day the property becomes fully consumed?

    6) There would have to be a very complex, massive and transparent system of assessment of values of all items of property known to man. Values of certain types of property would vary according to supply and demand and changing cultural and social values so the valuation system would have to be be very dynamic with nearly an infinite number of property valuations and an infinite number of variations and an infinite number of real-time adjustments. Otherwise, values would be skewed, obsolete, arbitrary and out of proportion to each other. How would valuations be accurately determined in a consistent and sustainable manner?

    7) Is there a way for an individual to accrue credit and liquid assets (circulating currency) in this system or is all accounting based on negative obligation and payback to one agency?

    8) If an individual can accrue currency and/or credits (such as by fully paying down property before it fully depreciates) do they then act as a separate accounting system for their own credits, issuing them to obligees and collecting them back in payments?

    9) Is there a way to transact privately in MPE without creating a digital record that may be accessed and exploited by hackers, criminals, tax collectors, criminal tax collectors, etc?

    10) Can you provide contacts for a representative (you?) who is available for media interviews?

    Many thanks,
    Jerry Day

    ———————————————————————

    Gday Jerry

    Any amount of unwarranted Taxation is a result of 2 crimes Jerry?

    1) The local bank steals a sum of principal an * alleged borrower * creates by purposefully obfuscating the obligors promissory obligation before the book entry, pretending, then, to loan principal only as if it was the banks principal value to loan out in the beginning.

    2) As a result the bank, then, steals a further sum of principal by charging unwarranted interest on what is a *falsified debt* only as if the bank gave up or risked consideration of its own commensurable or equal to the *alleged loan* or debt it falsifies to itself.

    3) As a further result of 1 & 2, unwarranted taxation or EXTORTION is therefore imposed ,where an even further sum of principal is stolen, paid directly into the banks coffers to merely service ( NOT PAY DOWN ) an irreversible multiplication of artificial debt or national & state debt that’s mathematically impossible to pay down.

    Now I am taking it you have read my blog article regarding MPE for dummies , nevertheless I will answer your questions to the best of my ability in numerical order which can be likewise found on that blog if you care to read it?

    1 ) In MPE we use a simple 1.1.1 equal ratio where (1) All OBLIGATIONS are equal or no more than all remaining money in (1) CIRCULATION & equal to no more than all remaining depreciating (1) PROPERTY VALUE.

    In the case where someone defaults on their promissory obligation unfortunate due to death or otherwise the remaining consumption left of the intended representation such as a house for example is fully redeemable so someone else may purchase that property for the remaining consumption left on that property so it can be payed down & rightfully retired.

    It is important to comprehend that all promissory obligations in MPE are collateralized so if you issued a promissory obligation for fireworks or a holiday for example that cant be redeemed you would have to collateralise something else you already own such as unrepresented property or earned savings or profit sitting in your account at the CMI, thus keeping the 1.1.1 ratio equal at all times if one cant fulfil an obligation. .

    2) The Non Profit CMI accounting which is * NOT A BANK * will be only administered by public servants on the peoples behalf, however I must stress politicians have absolutely NO ability or power whatsoever to intervene or regulate the CMI outlined in the united peoples mandate, to do so in a manner without transparency or without the approval of the people first by a transparent referendum for example would be considered political betrayal by an act of treason & treated as such by law outlined in the united peoples mandate which is to secure Absolute Consensual Representation ACR™ of the sovereign rights of just individuals within any nation who actually choose to adopt MPE™ .

    You must comprehend that the CMI is a non profit accounting system so the cost to run the CMI would be an average of about $1 dollar per head a year to run depending how often you use the CMI , if you’re a business it may cost you $20 a year , nevertheless the cost is minimal to say the least , online security will be the best available, so it is in the best interest of the people to minimise their costs to run the CMI without breaching online security, if such a breach happened by negligence it may well be considered an act of treason by all involved which includes politicians or anyone for that matter.

    3) Currency or the principal is introduced into circulation in the same manner currency is introduced into circulation today upon the sale or purchase of property , however its not first allegedly loaned or allegedly borrowed into circulation like today but merely paid or spent into circulation by the obligor, where the obligor ( not the borrower ) issues a promissory obligation ( money creation ) & from the outset of that promissory obligation the non profit CMI will publish a further representation or the currency if you will, on behalf of the obligor ( not borrower ) so as to purchase the related property off the real creditor who actually gives up property. The CMI does not intervene on the obligors promissory note pretending to be the true creditor allegedly loaning a sum of principal to the obligor. It is likewise important to note the practise of banking is considered treason in MPE.

    How the obligor pays down the sum of principal from circulation is at their choice of consumption or depreciation of the related property they purchased, ( SEE the 1.1.1 ratio )

    http://australia4mpe.wordpress.com/category/the-mathematics/

    4) Let me be clear,no one is renting in MPE nor do homes appreciate in price, you only pay for what you consume in MPE, HOWEVER YOU CAN PAY DOWN YOUR HOME SOONER IN MPE™ OWNING IT OUTRIGHT?

    For example If you bought a * NEW * house in a Mathematically Perfected Economy™ for $100,000, with a projected life span of a 100 years consumption & you paid down $100,000 sooner over 50 years rather than the projected 100 years the CMI will still retire the $50,000 you already paid in advance ( still in your account otherwise as savings, NOT STOLEN BY A BANK ) as you consume the remaining life span of the house you purchased still adhering to MPEs 1.1.1 ratio.

    So If one Pays down $2,000 instead of $1,000 a year on a $100,000 home with a lifespan of 100 years you consequently then own that house in 50 years instead of 100 years , likewise if you pay down $5,000 a year you own that home out right in 20 years , again if you pay down $10,000 a year you will own that home outright in 10 years, keeping in mind whatever you pay above your consumption stays in your own savings account ( ITS NOT STOLEN BY A THIEVING BANK ) & you see it being rightfully retired as you consume the remainder of the house & at any stage for any unforeseen circumstance you need do draw on that money you paid in advance sitting in your own account you can.

    However If one did choose to pay down their obligation faster not touching the money in their account, one wouldn’t be spending that money one could otherwise spend on other things such as family, holidays or * EVEN A BUSINESS ? * & as a result expanding business, employing more people or even paying more to employees etc , the list is endless , we won’t be wasting vast amounts of natural resources because business will be paying their principal debt down at the rate of depreciation or consumption so naturally things will be built to last longer resulting in lower rates of payment over the lifetime of what is purchased to retire money, likewise unemployment will be by choice, NOT imposed ,competition will also flourish keeping the price or cost of production competitive in what will be a true free enterprise market based on innovation rather than built in obsolescence & a throw away society.

    If you decided to sell your house that you paid in full after 50 years you keep the remaining value of the house which is $50,000 free of taxation or exploitation & it’s yours to spend if you wish because you have already paid for a house in full your no longer consuming , however whoever buys your house ( second hand ) after 50 years issuing their own promissory obligation likewise takes on the remaining $50,000 obligation & pays down the remaining consumption left on the house as they consume of it in the same manner you would , even if one pays for a house directly from savings or earned profit without issuing a promissory obligation that money paid stays in their own account & its retired as they consume the remainder of the property.

    Now if one pays for a house directly from savings or earned profit ( without issuing a promissory obligation ) on purchasing unrepresented property produced from another’s earned profit or savings one owns their house outright on the purchase where one is merely circulating the money further so it can be earned & rightfully retired on someone else’s obligation, which is much the same or the exact same manner as buying your groceries at a shop circulating the money further so it can be earned & rightfully retired on someone else’s obligation, either way money is created by the obligor for representation regardless when its needed without any intervention or regulation whatsoever , no matter how fast one pays, the CMI always proves & demonstrates to you its rightfully retiring ( NOT STEALING & LAUNDERING ) the principal from your account at the rate you choose to consume the remainder of the property you purchased.
    As for land The question we have to ask ourselves is how old is the land we were born on likewise how can we then put a depreciating price on land ?

    The only way land can fit in with MPEs 1.1.1 ratio equation is if it comes for free or if we so decide to put a price on land it doesn’t appreciate or go up in price as such.

    Upon implementation of MPE if we do decide to pay for land we are not being cheated when we sell our land & house, we are being paid for the land we financed in the price of the house to begin with minus our consumption, however a further question we may ask ourselves, do we carry on the prior imposition or banking crime forever that artificially inflated prices due to the unwarranted interest imposed on a falsified debt to begin with ” or ” do we grow up ?

    We also all have to consider if we were to deny ourselves land possession it would not be fair for those who have already worked hard for the land they already possess & likewise those who have legitimately paid for land such as farmers who have had their livelihood passed down through generations, including the original sovereign indigenous people who have been the care takers or guardians of the land for generations for hundreds if not thousands of years so land rights are everyone’s sovereign right.

    However Land prices today are over inflated simply due to a purposed banking obfuscation of our very own promissory obligations we have to one another where the imposed interest we all pay on our own falsified debts to the bank artificially inflates all property including the land & housing thus we are always chasing not only the principal we originally paid but the interest which is often 2x or 3x the principal which multiplies falsified debt into terminal sums of falsified debt where we will be dispossessed of all our property & wealth in the end regardless .

    Land *changes*. It is not consumed. It is not rightly claimed to be owned — even if we “paid” someone “for it” — for the original creditor paid nothing and the creator never took a penny or meant to deny us full/free usage.

    It is as if I declared today (being “a smart guy” [exploiter]) that I own the air; and I mean to charge all of you for it.
    If I later sell that right (short), so what?

    Does the person I “sell” it to have the right to charge you for it?
    Absolutely not.

    So let me own the water; and the space around the earth; and the cosmos; and I am only an exploiter; and whoever “buys” from me is a damn fool.

    Alright. So perhaps we have all been fools. Now, how do we get our affairs back in order?

    I paid $30,000 for this “lot.” And it would cost say (just by chance) about $30,000 to clean the lot up to a pristine state, or to a state prior to subsequent construction. This is what we have to work out.

    We’re going to consider the value of the construction on the property, something like what it would cost to build today, less consumption; or alternatively, we are going to allow the present owner to revise the obligation to the original principal — in which or with which they paid for the land. Thus they’re getting paid for what they financed or by their original issuance of a promissory obligation to begin with which did not create or issue interest into circulation?

    If the society elects to do so, the subsequent owner may be required to put up a deposit, sufficient to restore the land to a state in which it may be used in a subsequent cycle of construction.

    So, they are paying for their *use* of the land; but *not* its “ownership.”

    They are providing for it to be returned to a desirable state, or the state in which it was originally found

    Please remember among the many beneficial contributing factors in a mathematically perfected economy™ there are no banks & consequently MPE™ will refinance all debt where those who are still currently in debt who have unjustly paid unwarranted interest over the years will have all prior payments of interest contributed back toward their principal which will pay off most of everyone’s private debt.

    5 & 6 ) One has to comprehend price inflation is wholly artificial today due to interest on what are falsified debt to all the local banks , if you bought a house for $100,000 & paid the bank $200,000 your then chasing at least $200,000 on any resale ,please see this link which explains why price is different to value today . http://australia4mpe.wordpress.com/category/what-is-the-root-cause-of-all-inflation/

    Now for example If I built a brand new house from the ground up at a cost of $70,000 in a Mathematically Perfected Economy™ with an estimated lifespan of 100 years ( which is no different to what current insurance companies do today estimating the price of anything really, only exception is when we actually look at MPEs obligatory schedule of payment we clearly see all property we consume, even a house depreciates at a rate we consume it much like everything else we consume just like today ) & I then decide to sell that brand new house for $100,000 consequently then that $30,000 excess on top of my cost is my * Earned Profit * which is * GREATER VALUE * that is most certainly NOT INTEREST but * Earned Profit * as a result where I gave up my labour /work & time to produce that house & what some one pays me for that house ( principal only ) by issuing a $100,000 promissory obligation ( money creation ) thus issuing 100,000 UNEXPLOITED DOLLARS into circulation upon the sale indirectly or directly is always an EQUAL representation of wealth we give up to each other, not that we give up to any publisher of money OR thieving bank who merely pretends to loan us money risking nothing of their own . Now on the other hand If I live in that house & neglect that house over a 20 year period of consumption then deciding to sell that house a respective buyer can then negotiate a price with me, if that buyer is smart they will see the neglect & offer me $70.000 instead of $80,000, & if I agree the house is refinanced by the CMI at $70,000 . Another likely scenario therefore if I add a NEW room on that house after 20 years of consumption, I may negotiate a value of $90,000 with a respective buyer & if the buyer agrees the house is refinanced by the CMI at $90,000, likewise if I add a second floor to my house I can even negotiate a value of $180,000 that’s indeed above any prior value, where its clearly ALWAYS WE THE PEOPLE WHO DECIDE THE VALUE OR THE RATE OF DEPRECIATION OR CONSUMPTION from the ground floor up when we produce anything in MPE™ really, in what will be a TRUE free enterprise market free of exploitation.

    Now if you wanted to pay more for the remaining consumption left of a house because you want to live next door to Mick Jagger for example you can , there is nothing stopping you giving your money away in MPE , however you cant issue a promissory obligation ( money creation ) above the remaining consumption left on the house in doing so , if you decide to give your money away it has to come out of your earned savings & if any reason Mick baby moves away you then take the risk of not recouping what you gave away above the remaining consumption left on your property on any resale. If you give your money or earned savings away in MPE it simply circulates further unimpeded so someone else can earn & retire their obligation which I may add does not adversely effect or unbalance MPEs 1.1.1 equal ratio .

    The MPE system is simple rather than complex because we are eradicating banking exploitation that makes the LIE of economy today complex on purpose so you never see the hand that steals from you Jerry, in fact MPE is that simple its self regulated by the people, it needs no regulation, its perfected Jerry.

    7 ) No one is borrowing money or credit in MPE because the obligor creates a sum of principal for the intended representation which is liquid for its remaining consumption value . Accounting is based on a simple 1.1.1 ratio where there is no inflation or deflation. Where the remaining consumption is always equal to represented property value which is always equal to the remaining obligation or principal debt.

    The meaning of ” inflation ” is to increase but its an abnormal or distorted increase, so there is no such thing as inflation & deflation in MPE because there is no distortion or abnormality ,even circulatory in nature, neither a increase or decrease of circulation is abnormal or distorts the availability of the remaining volume of circulation that it was intended to represent in relation to remaining property value & remaining principal debt /obligation which are balanced or always equal at all times .

    With the total eradication of interest In MPE we have no price inflation on a whole because the interest imposed on all our business & commerce today that’s likewise passed onto the consumer is non existent in MPE .

    Circulatory Inflation & deflation therefore just doesn’t happen from the get go in MPE even when an obligor issues a promissory obligation for new represented property that issues new money into circulation simply because this increase of circulation is immediately equal to the remaining principal debt & remaining value of the property that the obligor purchased, so long as the obligor retires principal at the rate of their consumption there is no inflation or deflation.

    Deflation is to reduce or a reduction in the availability of circulation, resulting in a deficient circulation, so in MPE we don’t even have deflation or an insufficient volume of circulation simply because we will always have exactly the required amount of money, per representation, available, left in circulation to pay down & retire the remaining principal from circulation in servicing any outstanding obligation , balancing, then, circulation equal to the remaining obligation & equal to the remaining property value .

    8) See No.4

    9) Logic tells us a local pot dealer could sell AMWAY & then sell the pot in the price of a box of washing powder right ? . However if the pot dealer started selling a box a washing powder for $1000 the CMI will pick it up & the pot dealer may well be caught for selling drugs.

    The CMI sees most if not all transactions in MPE , now of course a MPE nation might want to use a debit card & or cash where cash transactions are not recorded until they are withdrawn or deposited in a ATM machine or even paying down an obligation, there are no money laundering offices / banks in MPE Jerry, so to keep the accounting costs down, ATMs will be used if a nation wants to use cash. Contrary to the lies of economy people are pushing today there is only ever 3 to 7 % cash that ever makes up any nations monetary circulation, the rest is digits on a ledger or computer , so in the case of MPEs accounting it will be mostly made up of digits , debit card & or cash ( NO CREDIT CARDS ) .

    10 ) Mike Montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™, or myself .

    http://australia4mpe.wordpress.com/category/contact/

    I think you will find all of the above is on my blog Jerry, & I encourage anyone to read its entirety, it gives one a head start I think before asking any questions of uncertainty?, however if you have any more questions of uncertainty or you think I may have missed or not gone into further depth articulating the answers to your questions by all means just ask again mate & I will try to explain it in another way so you fully comprehend MPE..

    http://australia4mpe.wordpress.com/

    Thank You & Regards
    David Ardron
    ( Advocate /co founder of mathematically perfected economy )

    Tagged Video
    https://www.youtube.com/watch?v=lOWsp6I-Svo

    —————————————————————

    Subject:

    Date:
    04/30/13
    Message:
    Hi David,

    In some cases, you seem to have misunerstood my questions. In others, your answers were evasive or incomplete. Mostly, you repeated things I had already read and understood.

    For example, the nature of ownership and obligation is not clear, seeming to be different in the cases of consumed and non-consumed property. Permanent property can or cannot be owned in the same way as consumed property? Or not? That is not clear from your answers.

    When “everything” is collateralized, everthing is granted Title, recorded and tracked. “Everything”? Get real. And, if valuations and title assignments are not agreed upon by all it requires formal legal processes and tribunals to resolve, even for the valuation of a used pencil.

    It is not clear how “the people” could possibly set the vaue of every leaf of lettuce, shot of tequila and 50-story office building, and why that would not be a matter exclusive to the determination of the buyer and seller.

    Prices not being set by sellers and the marketplace, but by some bureaucratic price ministry called “THE PEOPLE” but actually run and controlled by … who? In a fair and free transaction the only authorized and qualified parties are the buyer and seller.

    The public database of transactions is an exploitation bonanza for evil-doers. It is impossible for power players to resist the temptaion of “skimming” and diverting such accounts and transactions. The mere existence of the database is the guarantee of exploitation. As we speak, Obama has openly declared that he does not rule out seizure of bank accounts (ie: Cypress) in the funding of government. So after a short while, if some clown like Obama gets in the policy-making seat, the 1.1.1. ratio, in order to “ensure security and sustainability of the system” would become 1.1.7/10. nd the masses who are dumbed down now enough to allow fractional reserve banking and debt-based currency, would have no clue.

    Your answers, your blogs and your videos are highly theoretical and idealistic with huge and many unanswered questions. If I possess something, why should I allow “the people” to tell me what I may sell that for? How can “THE PEOPLE” say that living next to Mick Jagger has no value? or that a view of the city is worth less than the view of the ocean? These are things worked out between buyers and sellers.

    An older car with an air bag, a newer car with three aibags, who in the hell will look at every object, every possible service, every person’s labor and and then TELL us the permitted value of our property, possessions and labor? And how does this integrate with life’s rythms so as not to impeded and disrupt the flows?

    The statement that unemployment would be a choice is completely unsupported and impossible. In any free economy, if someone chooses not to consume, someone else loses a job. If someone had a poor entrepreneurial idea or plan, they lose a job. Perhaps it is possible to prevent economic downturns caused by tightening of credit, but it is not possible to protect every job from mistakes in human judgment and fickle arkets.

    There are not enough bureaucrats on the planet to dictate pricing, and, if they did, it would be ludicrous to imagine they would do it accurately, fairly, competently, efficiently or timely.

    In order to promote the MPE idea you need the following:

    Much clearer, simpler and direct answers to questions such as I submitted above.

    Much more “real word” answers and demonstrations of the actual mechanics of actual transactions with all of their mechanisms, variables and back-end accounting and pricing processes.

    How I can transact freely and privately without the intrusion of any third party and without creating a database record of my transaction which could become available to wrongdoers and exploiters? That is a requirement in a free society.

    Real-world explanation of the system, methods and standards of valuation and, when I wish to sell or buy something, what I have to personally deal with in terms of contracts, collateral decisions, delays, obligations, third-party meddling, dictation of pricing of my goods, services and labor etc.

    The 1.1.1. system requires that NO transaction be conducted privately or independently from the accounting “system”. That is a dream for collectivist power-broker exploiters and presumes that there would even be a way to prevent every possible two-party private transaction on the face of the planet.

    The MPE system is technology-reliant and you have no answer to the problems that would arise from inevitable faliures, abuses, mishaps and manipulations of that technology. No technology is perfect, and those imperfections can easily be “faked” for private gain.

    I get a sense of arrogance on this, like total confidence with less than total development and implementation. Whether you realize it or not, you have not even reached the testing stage yet. You do not have anything like a sure thing, and you don’t even have a well-defined thing yet in terms of practical and widespread implementation. If you continue to think MPE is perfected and final you won’t even recognize the flaws when they arise, if you even get to the stage where they would asire.

    I get the sense that you are saying “If you don’t think I’m right, you haven’t read enough of my blogs” attitude. That will not win your success. Your pitch has to be polished, clear, concise and without all the gaps in logic, testing and application.

    I could go on.

    If I were to arrange media interviews for your representatives I would have to know that your answers would be more direct and clear, and where factors are not yey known, I would have to be confident that would be admitted.

    Jerry

    ——————————————————————–

    Hi Jerry ;)

    If I may disregard your first paragraph & address your replies thereafter paragraph by paragraph mate .

    Jerry : “ For example, the nature of ownership and obligation is not clear, seeming to be different in the cases of consumed and non-consumed property. Permanent property can or cannot be owned in the same way as consumed property? Or not? That is not clear from your answer”

    Dave : The nature of the ownership of the promissory obligation is that of one who signs & issues that promissory obligation , one who signs the promissory obligation is the issuer of that promissory obligation regardless of the banks purposed obfuscation, what is likewise clear is that the bank does not sign that promissory obligation ,neither does the bank risk or give up consideration of value of its own which is commensurable or equal in value to the purported loan or the debt they clearly falsify to themselves jerry, the obligors promissory obligation indeed has lawful consideration, promising their future production, however the bank nor the publisher promises nothing but a theft of that production , which is often twice the value of the represented property due to unwarranted interest imposed on a falsified debt mate. Its both the obligor & true creditor who claim permanent ownership because it is they who give up lawful consideration of value , not the bank jerry . ADD (consumed property has no value, its rightfully retired, what is retired is the property of NO ONE )

    Jerry: “ When “everything” is collateralized, everthing is granted Title, recorded and tracked. “Everything”? Get real. And, if valuations and title assignments are not agreed upon by all it requires formal legal processes and tribunals to resolve, even for the valuation of a used pencil. “

    Dave: All promissory obligations are collateralized sure, which dose not necessarily mean all property or production is collateralized Jerry , if one purchased property with earned savings from another who produced that property likewise from earned savings it is therefore unrepresented property, if it cost $100,000 to build a house brand new that is its value , now the example I gave you in ( 5 & 6 ) in my previous reply clearly proves & demonstrates its always we the people who decide the value from the ground floor up when we produce anything in MPE, actually we do it today only the imposition of banking , purposefully obfuscating our promissory obligations artificially inflates prices ( not the value ) due to unwarranted interest imposed on what are falsified debts we all have with local banks who steal & launder circulation .
    The CMI however merely records what was created & spent into circulation ( upon new represented property ) , depending on how a house is built , materials , quality , workmanship etc, it then gives a house a linear rate of depreciation , however THE ( CMI ) DOES NOT DECIDE THE VALUE OF THE HOUSE for it’s the builder who decides this with a respective buyer & any sale of the house thereafter it’s the buyer & the seller who decides the remaining consumption value on that house , if the house is still standing after a 100 years for example it can then be re-valued ( based on its condition upon a sale ) by the CMI for a further 30 years of consumption for example where its always we the people who decide the value & rate of consumption or depreciation without the need for any regulation whatsoever .
    Now if you burn your house down subject to a promissory obligation, you still have to pay that obligation down regardless , if you skip town evading your obligation, a warrant will be issued for your arrest & you will have to face a court , if you commit suicide in the process of burning down your house, there are certain methods to redeem the value of that burnt out house.

    1) We would be earning more in MPE , most of us will be self retirees & 12 times better off than today with our falsified debt to banks , nevertheless this retirement or savings can be drawn upon to retire the deceased house.

    2) Insurance if its an accident & someone dies in the burnt out house .

    3) Worse comes to worst if the obligor is dead & has nothing to redeem , which would be in extreme isolated cases mind you , a 1c tax could be added on the cost of a public bus ticket for example so as to pay down & retire that burn out house which has no remaining consumption.

    Jerry : “ It is not clear how “the people” could possibly set the vaue of every leaf of lettuce, shot of tequila and 50-story office building, and why that would not be a matter exclusive to the determination of the buyer and seller. “

    Dave : If it cost a farmer $2 to grow a lettuce that’s its value jerry plus any earned profit the farmer adds to his cost . If it costs $1 to produce a shot of tequila or $10 a bottle then that’s the value of a bottle of tequila plus any earned profit . If it cost 10 million to build a 50 story building that’s its value plus any earned profit Jerry .

    You may ask how consumables such as apples are retired in a Mathematically Perfected Economy Jerry , yes ?

    Here is an Example:
    If I buy apples from a farmer to sell in my shop I may issue a promissory obligation to purchase those apples that pays the farmer for his labour & production which can pay down the farmers promissory obligation plus any earned profit, I sell those apples in my shop giving up my labour & production which can pay down my promissory obligation plus any earned profit from the sale. When someone pays me for those apples in my shop they have given up their labor & production & when they eat those apples the apples no longer represent value therefore the money created to put the apple on your table is retired by the farmer & myself the shop keeper .

    Any profit spent by the farmer or myself circulates further & likewise its earned by someone else to be retired on their promissory obligation. Either way here we are giving up an equal representation of wealth to each other upon the creation or exchange that issued new money into circulation thus the remainder of circulation is always sufficient to service any outstanding obligation or debt which always equals the remaining property value, where in this case example, the money created to produce the apples is almost retired immediately upon the sale of those apples either by the farmer & or myself the shopkeeper.
    However earned entitlement or profit / savings circulates further to be retired on someone else’s promissory obligation. Keeping in mind here if I the shop keeper give my earned profit or entitlement away even to a homeless man on the street & get nothing in return its my loss & my loss alone where that money I gave away simply circulates further regardless as the homeless man spends it wherever & its retired eventually on someone else’s promissory obligation.

    If I the shopkeeper conspired with the farmer for some reason & I managed to issue a promissory obligation above what those apples are worth ( which would be extremely difficult to do because the CMI knows how much it costs the farmer to produce those apples ) I am therefore doing two or possibly three things here .

    1) I would have to increase my prices or the price of my apples in my shop so as to have the ability to actually pay down my obligation therefore I would be cutting my own throat because my competitors who are not intellectually disabled or not criminals would be selling their apples cheaper.

    2) I would be still left paying down a promissory obligation or the debt above what the apples are actually worth regardless so I’m giving away my labor & production away for free to the farmer & its my loss & my loss alone that’s if my customers go else where to buy their apples.

    3 ) I then take the risk of being charged with treason for attempting to falsify a debt above its represented value therefore there is a strong possibility ,if found guilty, I would face the death penalty or life imprisonment.

    ” Monopolies in MPE therefore would be extremely difficult to achieve , impossible if you are dishonest or a fool blinded by greed & the reason why is because all our industry & commerce we have between each other wont be impeded in anyway or wont be subject to banking exploitation from the get go, thus industry & commerce in MPE will be competing in a true free enterprise market, something I must stress here we have neither had nor has a free market existed on this earth & nor will a free market exist while the banks purposely intervene on our contracts obfuscating our promissory obligations we actually have to each other.”

    Jerry: “ Prices not being set by sellers and the marketplace, but by some bureaucratic price ministry called “THE PEOPLE” but actually run and controlled by … who? In a fair and free transaction the only authorized and qualified parties are the buyer and seller. “

    Dave : On the contrary Jerry I have just proven with elementary logic that prices & value are indeed set by the market place in MPE, by the people themselves , not by the CMI or any bureaucrat & most certainly not by any thieving bank , MPE will be a true free market free from terminal exploitation , based on what is innovation rather than built in obsolescence & throw away society mate . A Free market has never truly existed Jerry , NOT so long as the banks are purposefully obfuscating our promissory obligations we have to each other mate.

    Jerry : The public database of transactions is an exploitation bonanza for evil-doers. It is impossible for power players to resist the temptaion of “skimming” and diverting such accounts and transactions. The mere existence of the database is the guarantee of exploitation. As we speak, Obama has openly declared that he does not rule out seizure of bank accounts (ie: Cypress) in the funding of government. So after a short while, if some clown like Obama gets in the policy-making seat, the 1.1.1. ratio, in order to “ensure security and sustainability of the system” would become 1.1.7/10. nd the masses who are dumbed down now enough to allow fractional reserve banking and debt-based currency, would have no clue

    Dave : The CMI proves & demonstrates it commits no crimes against us & how is this so you may ask ?:

    1) The principal you pay in advance on your obligation sits in your own account at the CMI & its rightfully retired at the rate you choose to consume the related property , what sits in your account is not stolen by the CMI which is NOT a bank .

    2) The CMI would have the state of the art security & if any breach from the outside due to hacking would be soon noticed, measures will be taken to close that breach & back up data would be implemented.

    3) If we see any of the ills in today’s lie of economy in a mathematically perfected economy such as inflation , deflation we the people known, thenn it’s more than likely a breach from the inside of the CMI holding, then , politicians accountable, regardless who commits the crime, politicians who would be sacked on the spot or removed from their position until court decides a verdict, likewise we the people would know the perpetrators would be one of hand full of software & hardware engineers if its established that its not an external hack.

    4) We have a united peoples mandate which is a constitutional amendment that dictates law making it impossible for politicians to regulate the CMI without the peoples recommendation & affirmation jerry , deeming any breach of the system treason . its the people that hold all the purse strings for its is they who give up consideration of value.

    Jerry : “ Your answers, your blogs and your videos are highly theoretical and idealistic with huge and many unanswered questions. If I possess something, why should I allow “the people” to tell me what I may sell that for? How can “THE PEOPLE” say that living next to Mick Jagger has no value? or that a view of the city is worth less than the view of the ocean? These are things worked out between buyers and sellers. “

    Dave : On the contrary Jerry every thing I’m writing here can be found on my blog? , MPE is a thesis based on what is rudimentary logic & second grade mathematics, once again your assumption is pertaining that someone else is dictating a price or value, which is not the case at all mate , the only people who decide the price & value is the buyer & seller in MPE .

    My example relating to living next door to Mick Jagger is explaining that you can give your earned savings away in MPE if you want , which is what you earned from someone else who may have received earned entitlement or the money published from the outset of another’s promissory obligation , however if you want to pay above the remaining consumption left on that house you cant issue a promissory obligation yourself , it has to come out of your earned savings , thus if you pay above its remaining consumption value its simply circulates further , then earned & retired on some one else’s promissory obligation regardless mate .

    Jerry : “ An older car with an air bag, a newer car with three aibags, who in the hell will look at every object, every possible service, every person’s labor and and then TELL us the permitted value of our property, possessions and labor? And how does this integrate with life’s rhythms so as not to impeded and disrupt the flows? “

    Dave : Once again if a new car with one air bag cost $30,000 that is its value plus any earned profit , if a new car with 3 air bags cost $30,500 to build plus earned profit that’s its value Jerry & once again its we the people , the buyer & seller who decides the value jerry, without any impediment on that 2nd grade math ratio?, any adverse rhythm from the outside cant possibly effect that 1.1.1 ratio simply because if we use a little logic we can see what actually insulates the remaining volume of circulation from anyone’s adverse decision really :

    1) We pay down consumption at the rate or our choice of consumption.

    2) You cant issue a promissory obligation above the remaining consumption value that the buyer & seller/ builder / producer decides , if you want to give your money away it has to come out of your own pocket , thus it circulates further unimpeded only to be retired on someone else’s obligation .

    3) All promissory obligations or represented property is collateralized , even upon a holiday that cant be redeemed for its remaining consumption because you would have to collateralize unrepresented property you already own or earned entitlement / money sitting in your account at the CMI .

    4) If I get my way, MPEs basic math will be taught in 2nd grade & when a child progresses in school MPE will be a mandatory Subject right through to college & university. I mean jerry, MPE is only rudimentary logic & 2nd grade mathematics at the end of the day?

    Jerry : “ The statement that unemployment would be a choice is completely unsupported and impossible. In any free economy, if someone chooses not to consume, someone else loses a job. If someone had a poor entrepreneurial idea or plan, they lose a job. Perhaps it is possible to prevent economic downturns caused by tightening of credit, but it is not possible to protect every job from mistakes in human judgment and fickle arkets. “

    Dave: How do you know unemployment wont be by choice if we have never seen a free economy Jerry . Indeed , to assume without any proof or qualification that people are not going to consume another’s production is to likewise assume there will be no trade or a lack of trade in MPE, which wont be the case at all , MPE clearly proves that trade & commerce will flourish with out banking exploitation that perpetually deflates circulation today? , logic likewise tells us if we are only paying 1 house for receiving 1 house ,logic tells us there would be more money to spend as apposed to today’s lie of economy, where we are paying 2 house’s today for only receiving one, RIGHT ? , likewise there will be no perpetual re-inflation or national debt , & lets not forget we solve inflation & deflation on a whole, so your dollar will have the same value in 100 years. If it cost $1 to produce a coffee mug it will cost $1 to make that same coffee mug in 100 years , pending on resources available to make that coffee mug , actually its quite possible that mug may well be cheaper than $1 to produce in 100 years because technology would have advance to a point where there is even a reduction in production costs to produce that mug .

    Jerry: “ There are not enough bureaucrats on the planet to dictate pricing, and, if they did, it would be ludicrous to imagine they would do it accurately, fairly, competently, efficiently or timely. “

    Dave : I agree Jerry however there are no bureaucrats dictating price or value in MPE .

    Jerry : In order to promote the MPE idea you need the following:
    Much clearer, simpler and direct answers to questions such as I submitted above.

    Dave : I believe most of your questions above are based on mostly mere unqualified assumptions jerry , which I have already answered in depth so there is no misunderstanding .

    Jerry : “ Much more “real word” answers and demonstrations of the actual mechanics of actual transactions with all of their mechanisms, variables and back-end accounting and pricing processes”

    Dave : Going by the lie of economy today there is nothing real about it in the world Jerry ,, likewise you’re making countless assumptions pertaining to the idea that MPE is not ,or cant be free market process assuming there are bureaucrats who decides the price & value of things in MPE when this is not the case at all jerry ?

    Jerry : How I can transact freely and privately without the intrusion of any third party and without creating a database record of my transaction which could become available to wrongdoers and exploiters? That is a requirement in a free society.

    Dave: You have just described MPE in a nut shell Jerry, only the CMI has back ups , back ups of back ups , so if any perpetrator hacks any account it will be picked up by the accounting showing an impropriety in the 1.1.1 ratio , in this case one will not loose a thing because logically there are back up systems in place. Hacks never last long before its found & programming will be written to make sure that hack cant be used again, likewise if it’s a hack from the inside we can narrow it down to a hand full of people , a MPE nation will have the state of the art protection in the CMI mate, cameras in the building where the servers are etc .

    Jerry : Real-world explanation of the system, methods and standards of valuation and, when I wish to sell or buy something, what I have to personally deal with in terms of contracts, collateral decisions, delays, obligations, third-party meddling, dictation of pricing of my goods, services and labor etc

    Dave : That is what I have explained in detail I think Jerry , price & value is decided by the buyer & seller in MPE , cant get any real than that ,don’t you think jerry? , in what would be a true free enterprise market free from banking exploitation or any regulation , the CMI is merely accounting that merely checks your credit worthiness, which is ownership of unrepresented property which can be used as collateral ,savings in your account or showing you have an income so the accounting knows you can pay down the obligation nothing more jerry, MPE regulates itself Jerry, its perfected Jerry?

    Jerry: The 1.1.1. system requires that NO transaction be conducted privately or independently from the accounting “system”. That is a dream for collectivist power-broker exploiters and presumes that there would even be a way to prevent every possible two-party private transaction on the face of the planet.

    Dave: On the contrary Jerry I have already explained it is possible to trade outside the CMI but if you have an account in the CMI its logically anything deposited or withdrawn is recorded as evidence of what labour & production we give up to each other , it’s the unexploited evidence which is our very protection Jerry? Likewise I have already explained a MPE nation can use cash which can be used in transaction with another without a formal record in the CMI of that transaction, only if , the person you trade with dose not deposit that money or entitlement in their account , now if we use a little logic again it tells us likewise the promissory obligation is a transaction or record & evidence that issues new money into circulation upon new represented property that the CMI always sees & records .

    I think if you look at the .1.1.1 ratio it refers to the circulation created & issued from the outset of a promissory obligation. Now to merely assume this is not the case & its a dream for collectivist power-broker exploiters, is nothing short of preposterous assumption, unqualified & out right absurd Jerry.

    Jerry : The MPE system is technology-reliant and you have no answer to the problems that would arise from inevitable faliures, abuses, mishaps and manipulations of that technology. No technology is perfect, and those imperfections can easily be “faked” for private gain.

    Dave : On the contrary jerry you are merely assuming now I cant answer your question without even receiving my replies likewise assuming I cant answer what appears to be a deluge of preposterous unqualified assumptions now , indeed I have answered your questions & disqualified every single assumption so far JERRY .

    Jerry : I get a sense of arrogance on this, like total confidence with less than total development and implementation. Whether you realize it or not, you have not even reached the testing stage yet. You do not have anything like a sure thing, and you don’t even have a well-defined thing yet in terms of practical and widespread implementation. If you continue to think MPE is perfected and final you won’t even recognize the flaws when they arise, if you even get to the stage where they would asire.

    Dave : Well I have to disagree with this last attack Jerry , I’m not saying one cant steal in MPE, if a free society didn’t steal that would mean man has become perfect in every respect, in this case we would not need the evidence of our promises or money so to speak , until then MPE is our only stepping stone to getting there when man indeed becomes perfect in all respects. Let me be clear jerry ,MPE is not a solution for mans perfection but a solution perfecting economy & after its implemented , anyone has the ability & the platform to make it even better, if they can prove so, nevertheless what I do know is that it would be extremely difficult to steal & launder circulation like banks do today, simply because there wont be any banks , again the practice of banking is high treason in a mathematically perfected economy , now if your asking questions to merely poke holes in MPE you cant . Assuming you can without further study of MPE is somewhat absurd in my personal opinion. I myself have personally tried to find flaws in MPE over the years & I cant find one jerry , now if you think you can disprove a 45 year old solution that no one on this planet has yet to disprove I can put you in touch with the author of MPE Mike Montagne , oh that’s right I already have, nevertheless Jerry, the offer is there by mike or myself to discuss this further in a gentlemanly manner or a live debate if you honestly believe you think you can disprove MPE with what are mere unqualified assumptions .

    Jerry : I get the sense that you are saying “If you don’t think I’m right, you haven’t read enough of my blogs” attitude. That will not win your success. Your pitch has to be polished, clear, concise and without all the gaps in logic, testing and application.

    Dave: Of course not jerry, I have already explained to you why I refer people to my blog in my last reply, I feel it gives one a head start before one starts asking questions , which not only saves me time but likewise the reader also when it comes to asking questions of uncertainty , repeating myself can be quite monotonous to be honest jerry when its already written down for someone to study & think through first before asking genuine questions or even before making the assumptions that can prove quite embarrassing if ones assumptions are clearly incorrect .

    Jerry: “ I could go on.
    If I were to arrange media interviews for your representatives I would have to know that your answers would be more direct and clear, and where factors are not yey known, I would have to be confident that would be admitted.-“

    Dave: I think if you wanted to arrange an interview you would first have to grasp the irrefutable arguments yourself that MPE presents which no one can disprove, not even you Jerry , if you want to talk to myself over skype or the original author Mike Montagne , you can, or I can put you directly in touch with mike if you feel I’m not to your satisfaction.

    Regards
    David Ardron

    Tagged Video
    https://www.youtube.com/watch?v=xutuUJwulDE


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    NOTE: JERRY HAS YET TO REPLY TO THIS LAST CORRESPONDENCE, IN FACT, GOING BY THE SAME ARGUMENTS HE IS PUTTING TO OTHER MPE ADVOCATES AFTERWARDS AT THAT TIME HE ACTING AS THOUGH HE HASN’T EVEN RECEIVED OR READ THIS LAST CORRESPONDENCE, THEREFORE ITS CLEARLY EVIDENT JERRY IS ACTING IN COMPLETE & UTTER EVASION OF WHAT I HAVE ALREADY DISMISSED AS MERE UNQUALIFIED ASSUMPTIONS THAT JERRY HAS YET TO SUBSTANTIATE AS EVIDENTIAL FACT.

  18. Rick Hart said:

    Hello my friend, Just a quick question for ya. Is there any word about when Mike’s video will be out? The one they put together in LA last year? Really looking forward to that!

    • Hi Rick ;)
      We don’t know yet, it appears for now the producers who funded the film have walked off the face of the earth with all the raw footage. Sorry I cant give you anymore, mike has tried to contact the producers but has had no reply.

  19. Hi, i have a question. Is mutual credit clearing system where money is just a record of sales and purchases (credit and debit) like WIR bank and LETS similar with MPE concept?

    • Absolutely not, there is no similarity in respect to MPE. Unlike MPE both the WIR bank & LETS impose the banks very first crime & core obfuscation of our promissory obligations regardless , where a mere publisher pretends to loan a sum of principal falsifying a debt to themselves neither risking or giving up consideration of their own commensurable or equal to a purported loan they impose on a purported borrower. The WIR bank however commits both the first crime, purposefully obfuscating our promissory obligations & likewise the second crime imposing unwarranted interest , whereas LETS only proposes the banks first crime likewise obfuscating our promissory obligations still pretending to be the true creditor.

      read more

      What are the banks first 3 crimes you may ask ?
      1) The local bank steals the principal an * alleged borrower * creates before the book entry, pretending, then, to loan principal only as if it was the banks principal to loan out in the beginning.

      2) As a result the bank, then, steals a further sum of principal by charging unwarranted interest on what is a *falsified debt* only as if the bank gave up or risked consideration of its own commensurable or equal to the *alleged loan* or debt it falsifies to itself.

      3) As a further result of 1 & 2, unwarranted taxation or EXTORTION is therefore imposed ,where an even further sum of principal is stolen, paid directly into the banks coffers to merely service ( NOT PAY DOWN ) an irreversible multiplication of artificial debt or national & state debt that’s mathematically impossible to pay down.

      Here is a recent video I made regarding the banks first three crimes. Now any purported solution that incorporates the banks first 3 crimes particularly the banks first crime is NOT a solution at all , rather its a poor attempt to preserve banking exploitation.

      Now the difference between all these purported solutions apposed to MPE is that MPE does NOT have a mere publisher who pretends to loan a sum of principal which is the banks first crime & core obfuscation today, there is no borrowing or banks in MPE, there are no loans simply because we the people are the only ones who give up consideration of value or give value to money through the labour & production we give up to each other, we don’t have a mere publisher that intervenes on our industry & commerce stealing & laundering circulation by purposely falsifying the debts to its self for the mere cost of publication.

      What replaces banks in MPE is a NON PROFIT common monetary infrastructure ( CMI ) , which is merely accounting that proves & demonstrates it commits no crimes against us, where the obligor ( NOT BORROWER ) creates as sum of principal to pay the real creditor who actually gives up property, where its merely an obligation by the obligor to pay down ( NOT PAY BACK ) & rightly retire that sum of principal they created at their choice of consumption of the related property they purchased from the real creditor, consumed principal has no value so it has to be rightfully retired to solve circulatory inflation, where there are no loans, no borrowing & only as a result there is no interest imposed. To learn more, may I suggest you see,MPE for dummies.


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  20. ObfuscationNation said:

    Australia is neck deep in irreversible artificial debt, can’t afford to fund Gonski education reforms, must steal from tertiary sector to fund primary sector.
    Simply symptomatic of banking exploitation.

    • Its all suicidal attempts buy political betrayers to merely prolong or temper ultimate monetary destruction at the end of the day, that’s all their doing, only thing we are in the terminal stages now as industry & commerce can no longer sustain the escalating artificial debt or theft, which comes at the expense of all those unfortunate individuals who have lost all their property & wealth through no fault of their own, which is a volume of dispossession growing by the day.

      read more

      Sad part here is the people of Australia may never wake up to the fact they’re getting robbed blind, not until one minute before they all each loose everything they have ever worked for & only then they will have no one but themselves to blame really.

      So long as those who remain credit worthy or those who have the ability to earn Principal & interest out of a circulation that’s only comprised of principal, servicing their falsified debts, only allows the banks to steal what wealth is created & what wealth still remains upon every cycle of reflation until we are all left completely destitute , no exceptions, unless your a share holder in a central bank of course.

    • Great article Dave! We are all going to have to wake up. Thanks to you and others like you, it will be sooner rather than later.

    • Thanks Ruth, but you know its like banging your head against the wall sometimes. I even had one individual just recently who implied MPE uses a gold standard for currency some how after not listening to one of my videos. I mean in all seriousness Ruth the people are their own worst enemy at the end of the day.

      People are quick to make preposterous, unqualified assumptions without even asking questions first sadly. Those who choose ignorance are lucky I do what I do for the children of this world, indeed I have nearly given up on those who call themselves adults because the mentality of most if not all adults in this world today is beyond the elementary reasoning of a 5 year old who always asks the question ” why ” first.

  21. ObfuscationNation said:

    I’ve always been curious about insurance, you’ve mentioned it’s Mathematically Impossible to insure anything…could you explain and put that statement into the context of today’s “Economy” or the lie of therein?

    • It’s quite simple, every thing around us is paid with an irreversible multiplication of artificial indebtedness which is re-inflation. Now if the political betrayers were not perpetually re-inflating circulation it wouldn’t be physically possible to earn money let alone pay an insurance premium.

      In relation to this Cyprus bail out the media whores spout deposits are insured somehow which is a preposterous LIE. The purported insurance is the bailout or an irreversible multiplication of artificial debt, which only ensures ( not insures ) a complete & utter dispossession of all our property & wealth at the end of the day.

      read more

      Insurance is mathematically impossible unless we are multiplying artificial debt that’s mathematically impossible to pay down, its an oxymoron really, nothing is really insured today, sure you crash your car & your paid the insurance, but that comes at a cost of someone else being dispossessed of their property & wealth through no fault of their own. Again circulation is only ever comprised of some remaining principal at the very most, even upon every cycle of reflation. The volume of people being dispossessed of their property & wealth is increasing every day, so how are these unfortunates that are growing by the day insured?, THERE IS NO INSURANCE, well not for everybody & in the end it will be nobody.

      Those who think they achieved prosperity or success in life no matter how modest with out first taking into consideration of all those who have suffered only as a result of another’s success NEED TO THINK AGAIN, indeed the successful today would not be successful in life at all really if it wasn’t for all those who have lost everything through no real fault of their own due to terminal exploitation which includes homeless children , truth of the matter due to this ignorance, arrogance, greed or lack of empathy for others who have suffered only so another can succeed will only result in everyone losing everything in the end.

      Some may call this justice for man is his own worst enemy , some may call this suicidal , some may call this madness but at the end of the day one has participated in their own destruction by allowing others to be destroyed in the process of their own alleged prosperity no matter how big or small.

      I guess the saying what comes around goes around pretty much sums it up doesn’t it folks, because it goes round & round & round again & again & again until everyone loses everything.

      The question I put to the reader now, is humanity on the right course to liberty & freedom or on the wrong course to ultimate destruction?, currently the latter here is evidently a mathematical certainty unless man drastically changes his course of action NOW & starts doing what is ethically & morally right?


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  22. ObfuscationNation said:

    Thanks that was the most comprehensively I’ve heard you put it, Cheers.

    • Your Welcome.
      Its a shame the media outlets are not so comprehensive in telling it how it really is, nevertheless thank you for the link regardless.

      (Click here to return to the top of the page )

  23. ObfuscationNation said:

    • The added burden of unwarranted sales taxes such as levies, land taxes, stamp duties etc are all forms of * EXTORTION * ,which is a further consequence of the purposed obfuscation of our promissory obligations, the resulting taxes & revenue scams the political betrayers dream up & likewise impose goes straight into the banks coffers on what is an * artificial debt * or national debt that’s mathematically impossible to pay down, see ” What is the root cause of all Inflation ” and ” Banks vs MPE Illustrations

      read more

      If one pays $300,000 in principal for a house & the bank wants $600,000 in principal & interest on a purported loan, logic tells anyone its the interest that causes price inflation upon the resale, however what most don’t see is that the bank has devalued the currency for the represented property or a house for example.

      Most today cant even distinguish the difference between * value * & * price * due to greed sadly, which are not the same at all. Because one is paying 2 houses in value to a thief / bank for only receiving 1 house in value from the real creditor who actually gives up property, the thief / bank who merely intervenes on the contract is essentially stealing 2 houses in value out of circulation, devaluing the currency for its intended representation.

      Price inflation ( caused by interest ) therefore gives one the illusion that the value of their house is going up. If it wasn’t for the political betrayers artificially sustaining the circulation by irreversibly multiplying debt it wouldn’t be physically possible for anyone to even service their falsified debts to all the local banks, let alone earn it first.

      Now what people refuse to see here is what artificially sustains a vital circulation, which is an irreversible multiplication of artificial debt, national debt or re-inflation, where political betrayers perpetually borrow back the same principal & interest the people perpetually pay out of circulation ( circulation that’s only ever comprised of some remaining principal at most ) on all their very own * falsified debts * to local banks, which includes any new principal created by the alleged borrower concurrently paid out on every cycle, which is clearly evident by increasing sums of national debt upon every cycle of reflation. See ” MPE vs Bank illustrations

      The current heights of the Australian dollar at the moment, AAA credit rating inclusive, is therefore wholly artificial in nature not only because the of the US dollar devaluing at a greater rate due to the same banking obfuscation, but its reinforced here due to the artificial sustention, unique to Australia by the sales of public land, public infrastructure, consequent taxes, levies & lets not forget the sales & sales taxes of a vast array of natural resources etc, all paid to a thieving bank only to service ( NOT PAY DOWN ) artificial debt, which can only at best, prolong or temper ultimate monetary destruction.

      However a developer or builder is not necessarily passing on their own taxes to the purchaser or consumer, rather the prime culprit here is not taxes but rather the interest the builder pays to a bank on their own falsified debt which is likewise factored into the sale price, along with all other costs that are passed onto the purchaser in the sale of a new house, thereafter the house artificially inflates in price upon every sale due to the banks purposed obfuscation of our promissory obligations regardless.

      Sales taxes is quite different to what income taxes a builder pays , income tax is paid directly to a bank from the builders profit, sales tax however is an added cost imposed upon a sale, its the additional cost on top of a far greater cost of unwarranted interest that’s likewise paid to a bank, passed on to a new purchaser upon a further sale of a house, which is the same process of all price inflation really, where industry & commerce passes on the interest they pay to a bank to the consumer in the cost of every day goods & services.

      In conclusion to the article published by the ABC it appears to be somewhat an obfuscation of the facts in itself inferring by the very title that taxation is primarily responsible for driving up mortgages only touching on interest by writing:

      QUOTE: interest payments on taxes are adding more than $280,000 on average to home loans. END QUOTE,

      This is a preposterous statement, is it ” interest paid plus the tax ” or is it ” interest paid on tax “, if its the latter as its written here, how the hell do you pay interest on tax?, granted interest & sales tax are both additional thefts imposed upon a sale of a house, but in most cases its not the builder who is paying the sales tax on the finished house, rather its one who purchases the house from the builder, sure the builder pays sales tax on his materials & costs to build the house which is an added cost he puts on the sale price, but so is the interest his suppliers pay to a bank that’s likewise passed on to the builder to buy the materials in the first place ,plus any interest the builder pays to the bank to purchase his materials etc, both of which sales taxes & interest right up the chain is passed on to the consumer in the cost of all goods & services including houses, where its the consumer who is ultimately hit with all sales tax & interest on the finished product, which is NOT paying interest on tax, its paying a tax on top of the principal & interest paid out of circulation, if anything we are paying sales taxes on top of a former theft or on top of the principal & interest stolen by a thieving bank, taxes is an additional deficit that shorts the circulation even further on top of whats already stolen in principal & interest ,

      Now one could say we are paying principal + interest on an artificial price or sum of principal for a home that has all prior paid interest & tax included in the price to build that home sure , but the question I ask again, going back to ” price & ” value “, does the artificial price of the home reflect its true value, of course not, even if sales taxes were completely removed, monumental price inflation still persists regardless because one is paying both principal & interest which is often 2 times the principal out of circulation for only receiving one house but the bank has stolen 2 houses in principal value which is the value both the obligor & real creditor gives to money through their labour & production or our hard earned blood sweat & tears we give up to each other, only to have the bank (who gives up nothing) steal it all, X2 because of unwarranted interest on what are falsified debts.

      Sales taxes & interest are 2 different thefts passed along the chain of production to the consumer at the end of the day, only to have the consumer pay all sales taxes & all interest costs in the finished product. One theft is always preceding the other, where the theft of principal & interest always comes first which is the very cause of sales tax that follows ,which sales tax, merely services the artificial debt or national debt, sales tax is then a consequence or additional theft thereafter, sure both of which sales tax & interest are concurrently attributed to price inflation but we have a cause & effect, the cause of price inflation is the very interest paid on a falsified debt we the people pay to begin with & the effect is sales tax. Unwarranted interest is a far greater cost we all pay on our falsified debts to all the local banks, sales taxes, extortion etc is just an added theft, symptom or result of a prior theft of principal & interest that’s monumental to say the least compared to any taxation that’s clearly insufficient to service the irreversible multiplication of artificial debt, one could say all this unwarranted tax extortion that perpetually depletes circulation even further is the banks 3rd crime of theft if you like.

      1) The local bank steals the principal an * alleged borrower * creates before the book entry, pretending, then, to loan principal only as if it was the banks principal to loan out in the beginning.

      2) As a result the bank, then, steals a further sum of principal by charged unwarranted interest on what is a * falsified debt * only as if the bank gave up or risked consideration of its own commensurable or equal to the *alleged loan* or debt it falsifies to itself.

      3) As a further result of 1 & 2, unwarranted taxation or EXTORTION is therefore imposed ,where an even further sum of principal is stolen, paid directly into the banks coffers to merely service ( NOT PAY DOWN ) an irreversible multiplication of artificial debt or national & state debt that’s mathematically impossible to pay down.

      The BBC article doesn’t even make rudimentary sense really, its amateurish, written in ignorance or purposefully written in this fashion to point the reader to taxation or a symptom rather than the interest itself & core obfuscation of the currency, which is expected propaganda coming from the political betrayers very own media outlet, which may I add, is funded with re- inflation by the an irreversible multiplication of artificial indebtedness that pays for everything around us public & private, only we as private individuals have to go out & earn it first in order to pay two houses for only receiving one don’t we now , which indeed likewise plays a part in keeping the cycles of dispossession going also, circulation is always, always, always comprised of some remaining principal at the very most, even upon perpetual reflation.


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  24. Hi Dave,

    I have been researching currencies for a while and have just found out about MPE. I am trying to get my head around the differences an similarities to other usury-free currencies.

    Can you contact me about this? Are you in Sydney? After I get this, I’ll see how to have you on my radio show. (www.facebook.com/bondilocals).

    Thanks.

    • Gday

      There is only one proof of solution that doesn’t pretend to loan you principal for the mere cost of publication & that is MPE.

      Please consider there are two core crimes a bank commits:

      1) Where a bank or mere publisher pretends to loan you a sum of principal only as if it was the banks principal value to loan out in the beginning * before any banking book entry * when the * alleged borrower signs & issues a promissory obligation or note *. ( NOTE: all other interest free solutions impose the banks first crime, NO EXCEPTIONS )

      2) Is the result or direct consequence of the banks first crime where the bank imposes unwarranted interest, only as if the bank risked or gave up consideration of its very own which would otherwise be commensurable or equivalent in value to the * falsified debt * it imposes on any * alleged borrower * .

      read more

      Its quite simple really, all * alleged * solutions out there incorporate & impose either the first & or both first & second crime a bank commits today, which is nothing more than a pretended attempt to preserve the very hand that steals from us already.

      Compromise of fact, therefore is, the very reason why the world is in the mess it is in today, there is only one solution or one answer to any mathematical equation or riddle, to imply there is more than one answer or solution is to imply 2+2= 5, which is a compromise of rudimentary logic & an insult to anyone’s intelligence really, well it should be that is.

      I’m happy to be interviewed as long as we can record the interview. I live in Queensland & you can contact me HERE for further correspondence in relation to this matter if you wish.

      Thanks
      David

  25. And if I heard correctly, his solution although not theorised as how it could ever work, is self issued interest bearing credit….LOL

    • Paul merely assumes interest can be just spent into circulation by an ” alleged lender ” which is preposterous to say the least simply because a promissory obligation ,which is money creation, only ever creates a sum of principal? So how can an ” alleged lender ” spend what is not created, unless Paul wants to totally remove our right & ability to issue a promissory obligation altogether which he has indicated already in MAD 3 ( ITS ABSURD TO SUGGEST PEOPLE WOULD BE SCARED TO ISSUE PROMISSORY OBLIGATIONS THEY ISSUE TODAY WHICH ARE NOT FOR HAIR CUTS & POTTERY ) , handing our right & ability to issue a promissory obligation over to government representatives & corporate interests on a silver platter who will be in turn essentially obfuscating their own promissory obligations to create a sum of interest as well as the sum of principal , In this case the sum of interest spent by an ” alleged lender ” is not retired from circulation which will be perpetually increasing circulation & as a result of this which Paul hasn’t logically accounted for, you would then have runaway taxation to retire circulation in an attempt to defeat the volumetric impropriety by circulatory inflation or to retire the perpetual increases of money in a volume of circulation without any representation what so ever mind you.

      read more

      Paul’s mathematics fails simply because he is not using logic to extend his math from the get go , rather he is using unqualified assumptions he has stolen from other pretenders that he can neither prove or demonstrate.

      Paul even asserts HERE that a hidden form of taxation is called inflation when taxation is deflationary or a deficit imposed on a volume of circulation if anything which was & still is paid to a bank on artificial debt, taxation is NOT inflationary its deflationary which is circulatory in nature, not to be confused with ” PRICE INFLATION ” which is caused by interest we the people pay to thieving banks on our very own falsified debts , in turn artificially increasing the price of goods & services ,perpetually depleting a circulation that’s only ever comprised of some remaining principal at the very most?

      Now lets not confuse history as Paul has clearly done if we look at Lincoln who had it half right so did Franklin by a representative government publishing further representations of the peoples wealth rather than borrowing it from a mere publisher or thieving bank at interest, however Franklin & Lincoln had no real way to solve circulatory inflation that’s if there was any circulatory inflation at that time because the money they published on the peoples behalf even though it was for war was probably or more than likely still in the process of reflating a circulation that the banks had stolen over the prior years , nothing in history, even the U.S history suggests that borrowing or even spending principal into circulation as Lincoln or Franklin did for example ( which was not artificial money ) caused circulatory inflation ( not to say it cant ) nor does it suggest any taxation was or is a hidden form of inflation, its ludicrous to even suggest such a thing, TAX is a deficit not a surplus PERIOD.

      In all seriousness even if interest is ” allegedly” spent into circulation only to be retired on a falsified debt, why even impose a sum of interest on a falsified debt to begin with, unless your a thief of course?. Spending interest into circulation is stupid as stupid gets & fails all rational intellectual reasoning.


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  26. Thanks, yeah I was looking as Money as Debt 3 by you know who and was just bewildered by his illogical mumbo jumbo.
    He agrees that money is representative of one’s promise of future productivity but evades the fact that it can only be issued by one of us who assign the value or consideration to it and then sees no problem with exploitative interest charged by a thief LOL. instead justifying it as long as a bank spends it’s stolen unearned takings back into circulation so we can earn what was first stolen from us,? WTF Just nonsense.

    Has he yet agreed to a debate?, this is something I’m holding out for.

    • Mike has initiated a friend invite to Paul over skype to get the ball rolling, however nothing has transpired as yet except Paul excepting the invite .
      If anything transpires that has relevance I will be updating the post I made here. Either way we are currently compiling screen shots & notes to do a radio show with or without Paul anyway . Its his consolation prize for publicly announcing he will debate Mike on TNS radio. Paul will be thoroughly undressed ( as if he hasn’t already ) , but nevertheless we will do it again with what has recently gone under the bridge regarding comments he has made on youtube that will essentially bury him with his own words. That’s what one gets when one decides to plagiarize MPE & other plagiarists of MPE then stealing unqualified assumptions from other pretenders who have neither have any authority on monetary solution & to then claim all this is ones own work? well what can I say, ones own words stolen of course buries one in mass delusions which can be then easily dismissed as delusions with elementary logic & 2nd grade mathematics.

  27. Have I got this right?
    Is it fair to say that,
    If money is representative of one’s promise of future productivity then logically it cannot possibly exist in the present before one walks into a bank and signs their future productive capabilities into effect as money so as to pay the true creditor who forgoes their property.

    Thus the remaining obligation rests with the producer to retire the principal they created at the rate of depreciation or consumption.of the related property so as to defeat circulatory inflation

    Further evidence that we create money upon conception is the self evident fact that no bank accounts are stripped of funds to supposedly loan to supposed borrowers and furthermore deposit accounts servicing a “loan'” account have significantly less money in them.

    • If all money represents ones promise to give a like measure of their own future production to another who gives up the same or equal measure of production therefore no money ever comes into existence not until one signs & issues a promissory obligation or note to the agreed value of each others production ( principal only ) which gives the promissory obligation or note consideration of value. ( again in the case of banks who don’t give up any consideration of value no money ever comes into existence not until one walks into a bank signing & issuing a promissory obligation before any banking book entry) , a true creditor who is one that gives up property is paid in full ( principal only ) from the outset of ones promissory obligation which is an obligation by the issuer of a promissory obligation to then earn & pay down a sum of principal they created so it can be rightfully retired at the rate of depreciation or at the rate they choose to consume the related property they purchased which solves the otherwise circulatory inflation if they didn’t.

      read more

      We have to be careful? I have been pulled up by mike for saying the word ” defeat ” circulatory inflation, rather than ” solve ” circulatory inflation in relation to MPE , the word ” defeat” is inferring there is a volumetric impropriety or circulatory inflation to begin with when there is no such thing in MPE from the get go . See here & read ” THERE IS NO INFLATION OR DEFLATION IN MPE: “ which is my interpretation using mostly my own words & some MPEs .

      Another thing ,, don’t be shy to at least use some of the correct terminology used in MPE. because this terminology will be taught in schools & universities one day ?, I know you want to put it in your own words for the dummies & I See nothing really wrong in what you have written already including the last paragraph, so well done, if your not sure of a word used in MPE & looking for an alternative just look it up, Eg: Obfuscation can mean obscure, bewilderment, confusion? & lets not forget the value of a promissory obligation does exist ( not bank money ) before one walks into a bank issuing a promissory obligation because upon ones issuance of a promissory obligation the liquidity value of the property given up by the true creditor likewise gives that promissory obligation immediate value which makes it redeemable, therefore monetized by the obligor’s future production for its intended representation, which is only the sum of principal really , anything else such as interest on top of principal is exploitation ( see paragraph below ). The future production by the obligor likewise guarantees the promissory obligation which guarantees the integrity of the principal published into circulation by a promise to earn ,giving up their own production ( principal only ) in return for a house for example so it can be rightfully retired, so its really both the true creditor & the obligor who contracts to create a sum of principal but its the obligors signature that gives any promissory obligation lawful consideration of value, either way here its still the people who create money by issuing a promissory obligation regardless .

      I guess now you can see how & why the mortgage backed derivatives are terminal because its a mathematically impossible to make any more than the principal on derivatives, if one makes more than what they paid on derivatives it will be a result of someone else being dispossessed of their property & wealth through no fault of their own ,derivatives therefore can only persist in dispossessing people further of their wealth so long as criminal politicians are reflating circulation with a irreversible multiplication of artificial indebtedness.

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  28. “The U.S cannot go broke”

    How do you address such a statement?

    • Definition of the word ” broke “
      /brōk/Adjective
      Having completely run out of money.
      Synonyms
      penniless – bankrupt

      Its a mathematical certainty the Federal Reserve bank of the * United States * will not go broke for it will be the only bank left standing having dispossessed all the property & all the wealth of all the citizens who reside in the * United States of America *, in other words the people & their representative government * are * ( NOT CANNOT ) most certainly broke or in the process of bankruptcy now. ( TO REFUTE THIS STATEMENT ONE HAS TO FIRST DISPROVE MPE )

      read more

      The point of implosion of a nations bankruptcy which includes all peripheral banks is when those people left in the U.S who are still credit worthy can no longer sustain whats left of the nations industry & commerce, * totally loosing their creditworthiness *, as a result no one is issuing promissory obligations ( principal creation ), as a further consequence a criminal representative government who work for banks (NOT THE PEOPLE) can no longer physically tax , extort , sell or dispossess its citizens wealth any further to sustain the irreversible sums of national debt so as to perpetually reflate circulation simply because there will be nothing left public or private to tax ,extort, sell or dispossess. ( welcome to your children’s worst nightmare )

      ” If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered.”
      Thomas Jefferson

      To conclude a * loose statement * such as “ The U.S cannot go broke ” is to likewise infer or say ” money is made from thin air or nothing ” which amounts to sticking a needle in your eye & then saying the needle is made from thin air or nothing?, there is a process to money creation most if not all people today refuse to comprehend hence out of willful ignorance the common term ” money doesn’t grow on trees ” was used, which is contrary to the commonly used term today ” money created out of thin air or nothing “, that wrongly suggests a money tree indeed does exist?

      Sadly Most if not all people today out of fear & greed or pure lack of intellect refuse to see the banks purposed obfuscation of our promissory obligations to each other * before any book entry * or * before any publication * ? regardless whether publication is in digits, fiat, gold, silver, coffee beans, rum , dog shit or whatever, it matters not what further represents or evidences our promissory obligations as long as the * volume of whatever * in remaining circulation likewise equals our promissory obligations?, failing then all along to even question why a bank gets a house for nothing when someone unfortunately forecloses on a falsified debt through no real fault of their own?, the latter here should at least ring alarm bells but it unfortunately doesn’t because we have a plethora of bumbling fools blaming symptoms as the cause, who are comprised of criminal politicians , pretenders , plagiarists ,charlatans , usurers, advocates of usury, phony “economists” who are not even bloody economists & all the seekers of * unearned profit * who knew not even how to limit their great crime against us.


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  29. Vasile Tanasiciuc said:

    I wrote this, what are your thoughts about my delivery of this info.

    Did the bank build a house? NO
    Who did? A builder laboured to produce it, right?
    How do you pay the builder? By issuing your promise to pay him with an equal amount of your labour and production.
    Money is the representation of your labour and production, the medium of exchange, the builder gets in confidence knowing it is backed by your labour and production.
    Your obligation is to pay and retire the money you created, at a rate of depreciation of the house.

    read more

    Why are we then contracting with a bank?’
    ‘cos the Government said so.
    What did the bank give up in the purported “loan” one of us?
    A fistful of dollars to cover the cost of publishing the evidence of one of our promissory notes.
    Call it $50 if you like, does this justify us paying them interest and hence 2,3,4 times the cost of the purchase price of the house?

    It’s this intervention on our free trade by the banking system which is preserved by our so called Government representatives that steals our real wealth, land and resources etc. and exploits us every waking hour, which must be eradicated.

    • All in all It pretty much well nails it, well done , if I could add this if I may ?

      The outset of your unexploited promissory obligation is to therefore pay and * rightfully retire * ( not have it stolen by a bank ) the principal you created, at a rate of depreciation or your * choice of consumption * of the house or related property you purchased.

      The sum of Interest today which is only ever comprised of some remaining principal that’s indeed paid back into circulation on investments etc is a mere fraction of whats perpetually being paid out of circulation on all our own personal but falsified debts ( principal + interest ) to local banks?

      read more

      For example the publisher or bank who merely prints the evidence of our promissory obligations may give up in the order of $2 of there own to publish a sum of $200,000 the ” alleged borrower ” actually creates before any book entry & to rub it in a little more If I may ? ,the publisher or bank gets that $2 back in a mere fraction of the ” alleged borrowers ” first payment or installment .

      Logically if we did the 2nd grade math that’s not taught in economics classes at universities & schools I may add & we decided not to have the imposition of paying 2 houses in principal & interest for only receiving one house we would be far far far far better off than receiving the consolation prize of banking greed by getting back a few crumbs of unearned profit in interest on our own personal savings deposits or a mere pittance/fractional/cut of a what is a monumental crime of theft paid out of circulation on all our very own falsified debts , wouldn’t it?

      Lets not forget the further theft on top of all this or rather extortion imposed by government representative legislation who work for banks ( NOT THE PEOPLE ), Imposed then by not only government reps but by the very banks who employ & pay the politicians salaries as further multiplication of national debt? ( NOT DIRECTLY BY TAXES ), only as a result of this we have a further imposition of out right extortion in the form of unnecessary tax’s , revenue raising, sell offs of national infrastructure & land etc, etc, just to pay a bank/thieving publisher again only as a result or further consequence of the initial falsified debt or should I correctly term a ” monumental theft ” discreetly disguised as a purported loan to one of us in the first place?


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  30. Vasile Tanasiciuc said:

    Would it be fair to say, that banks do extend depositors money out to prospective obligors but that the obligor is also the depositor who has their money exchanged for bank money, such is the ambiguity of the statement that banks loan out depositors funds to borrowers.

    Thus, when we wish to finance a home or car etc. our signatures on a loan contract (the only one on it, mind you, the other being witness to our signature who just so happens to be a bank employee) creates the principal deposit of money which the banking system’s policies dictate is now their asset, via a fraudulent book keeping entry, (theft of principal deposit) declared legal by governments and issue a bank cheque in exchange for your creation of money which only has your consideration or pledge of your labour and production and then charge interest and take out a mortgage against the property given up by the true creditor as if they, the bank somehow had something of their own to lose.

    Therefore we fund the whole transaction?

    • The bank does not loan depositors money ,,WHY?

      1) Logic tells us the accounts world wide in the red servicing artificial debt is a far greater sum ( see the sum of national debt as reflation to give you an idea ? ) than the total sum in the green in every day depositors accounts.

      2) If I can prove with logic alone only the principal is created by one of us by signing & issuing a promissory obligation / note * before any banking book entry * when we ” allegedly ” borrow principal from a local bank , how can fractional multiplication thereafter ” allegedly ” multiply principal when either way here from the outset of the promissory obligation principal is only ever issued into circulation for what it is intended to represent, EG : A house, or upon a sale or purchase of property?

      read more

      I may add a witness to the obligors signature on the promissory obligation is just a witness to the obfuscation nothing more , however the witness is more than likely not aware a crime of contract fraud is being committed .

      The bank will argue that you signed the obfuscated promissory obligation thus you have committed yourself to a debt to them regardless however the Contract Essentials have been violated, the bank may have an argument with the mere cost of publication as their consideration but this is not stipulated in the contract ? moreover they have misrepresented the contract by purposed intervention which should be between the real creditor who actually gives up property & the obligor who signs the promissory obligation, the bank does not sign the contract simply because they know their in breach of contract giving up jack of their own ? , its a slight of hand of a thief or snake oil salesman con job trick really, what is rock solid is the argument falling upon any sum of interest really ( Remember no one on this planet can prove or demonstrate how any sum of interest that’s not comprised of principal is first created & then issued into circulation ) simply because its physically impossible for someone to fulfill a falsified debt to a bank unless of course someone else defaults through no fault of their own & lets not forget the elephant in the living room ” irreversible sums of national debt ” which is nothing more than keeping the host alive by ( reflation ) so the banks can continue dispossessing us further of our property & wealth on every cycle public & private.

      The obligor may have deposited the principal however there is no debt owed to the bank nor is there a loan , rather the bank is stealing the principal on its conception creation x2 or x3 in subsequent interest , the bank is loaning the principal only as if it was the banks principal to begin with which would otherwise justify interst if they did ? However the Principal did not exist until the obligor walks into the bank & signs that promissory obligation .

      For example If I asked to borrow $10 from you?, you would have to have the $10 in your pocket first so as to loan it to me or the equivalent in $10 of consideration of value right ? Well the bank gives up neither the money the obligor creates or consideration of value that equals that $10 really so there is no loan from a bank only a theft by unjust intervention on the contract .

      To infer money is created as a debt is to likewise infer the bank gives up consideration of their own commensurable or equal to the debt that would otherwise justify interest on a loan but this is simply not the case when it comes to banking & the lie of economy . The definition of “DEBT ” today does not outline a theft so the banking debt is not even a debt, not even by the legal definition of debt but rather an out right THEFT nothing more.


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  31. Vasile Tanasiciuc said:

    The rant of a facebook user.

    Taxation is NOT theft.
    Taxation is a necessary part for the maintenance of any government. Without it, the government is unable to sustain itself in any operations of any kind.
    Granted, America is idiotic beyond measure when it comes to the usage of said taxation, but even so, without taxes, we have no public school, no SSI, no Social Security, no government officials of any kind.
    And before you go into your whole deal about how our government is corrupt and we don’t need them, take a guess who the only people powerful enough and rich enough to do anything are when it collapses? That’s right. Those corporations you so despise.
    And with that, I close my rant.

    • Unwarranted Taxes is indeed a theft which is a further consequence or the result upon a monumental crime of theft really ?

      It appears your conveying with the indoctrinated socialist who wants a free lunch at a cost of total dispossession of all our property & wealth ? The free lunch socialistic system is simply mathematically impossible to sustain.

      Most people merely assume taxes pays for infrastructure,social security etc, however the reality of the matter is that taxes are paid directly or indirectly to a bank via political extortion only as a consequence of a irreversible multiplication of national debt which is a artificial debt that not only pays for infrastructure & social security etc but its the very means to perpetually reflate a general circulation that’s only ever comprised of some remaining principal at most.

      read more

      The socialist actually believes they live in a free democracy with the need to follow leaders who are nothing but dictators ,thieves, criminals & lyres acting in breach of trust, the socialist zombie even grants these crooks the title of ” government “?, ” government representatives ” therefore are public servants that should rightly work for the people who are the government at the end of the day , however this breach of trust today puts all politicians in a position where they’re clearly working for banks whose only purpose is to steal from us which is indeed the very reason why we have a need for social security & a lack of education in all schools public & private?
      ( Eg: Facebook socialist zombies )

      In MPE there is no reflation or national debt so there is no need for social security or a free lunch simply because unemployment will be by choice not imposed by banking exploitation, likewise we would have enough money to put away in our working lives to live comfortably as self retirees. Those unfortunate who cant work due to great misfortune such as quadriplegics for example will be looked after never the less. Everyone else has to earn their wealth, as you know by now there is no free lunch /unearned profit/ interest in MPE.

      Why would you want a free lunch anyhow in MPE when we all have the ability to earn & pay for our lunch by giving up our own labour & production in return for another’s labour & production that’s actually free from exploitation which indeed rewards us ( NOT BANKS ) considerably more ?

      MPE not only proves & demonstrates with logic & 2nd grade mathematics that its the people who ultimately finance all public infrastructure as perpetual multiplication of artificial debt ( NOT by the consequent or resulting taxes ) but it can also prove & demonstrate the people who finance all public infrastructure today have a choice to pay considerably less taxes to pay down infrastructure at the rate of their very own individual consumption of that infrastructure with out the purposed intervention of banking exploitation & political misrepresentation we clearly have today, who I may add ” Banking exploitation & political misrepresentation” are indeed all clearly in it together including the subsidiary banking corporations partaking in a monumental crime of theft,hand in hand, thick as thieves.

      Sadly the example you have given here which is prevalent today is only further evidence proving man is indeed his own worst enemy.

      PS: Remember those who purport to be anti-socialist & likewise advocate banking exploitation are indeed socialistic wolves dressed up in sheeps clothing which is even worse, you cant have it both ways as Mr Griffin clearly advocates to the contrary.
      D:


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  32. Vasile Tanasiciuc said:

    Just look at how they defend their exploitation
    It’s the government and the people who cannot handle their budgets apparently…Sheessh.. LOL

    Stevens warns central banks risk being ‘captured’
    ABC By economics correspondent Stephen Long ABC

    The head of the Reserve Bank has warned the world’s most powerful central banks risk losing their independence after taking large-scale steps to stimulate their economies.

    read more

    In a major speech in Thailand, Glenn Stevens said bond-buying and other policy efforts taken by the European Central Bank (ECB) and the US Federal Reserve were blurring the divide between government and central banks.

    His warning comes as the Fed and the ECB contemplate new programs to stimulate economies and bail-out troubled nations.

    The Fed is widely expected to announce new stimulus measures tomorrow, as its current program expires at the end of the month.

    Mr Stevens said central banks might face political obstacles as they tried to wind back such programs.

    “The problem will be the exit from these policies,” he said.

    “Ending a very lengthy period of guaranteed cheap funding for governments may prove to be politically difficult.

    “There is certainly history to suggest that if we look back.

    “And it’s no surprise therefore that some people worry that we are heading a little bit at least back towards the world of the 1920s and the 1960s where central banks were captured by the government of the day for public debt interest reasons.” Mr Stevens said while the actions taken so far had been appropriate, central bank policies had their limits.

    He said the question was whether people understood the limits to what central banks could achieve.

    “Central banks can provide liquidity to shore up financial stability and they can buy time for borrowers to adjust,” he said.

    “But they cannot, in the end, put government finances on a sustainable course.

    They cannot create the real resources that need to be found from somewhere to strengthen bank capital positions.

    “They can’t shield people from the implications of having mis-assessed their own lifetime budget constraints and therefore having consumed too much.” Economics correspondent Stephen Long told PM the speech was a message to governments as well as central banks:


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    • First thing is first Mr Stevens is nothing but a charlatan on a platform of deception, banking is an imposition not a choice , so long as we are paying interest on our very own personal but private debt no stimulus in the world can reduce the resulting irreversible multiplication of debt & eventual monetary destruction.

      read more

      It matters not if the central bank is public or private because no bank on the face of this planet can prove or demonstrate what consideration they give up of their own that’s commensurable or equivalent to the falsified debt they impose for the mere cost of publication.

      If anything a full reserve central bank ( which is mathematically impossible ) public or private will be the complete removal of our contract right to issue a a promissory obligation all together .

      Its preposterous to even conceive its the peoples mismanagement of their finances when the imposition of unwarranted interest we the people pay on all our falsified debts to all the peripheral banks perpetually depletes a general circulation that’s only ever comprised of some remaining principal at the very most .

      Thanks for your update mate.

      Dave

    • ON A FURTHER NOTE?

      Mr Stevens Quote: “And it’s no surprise therefore that some people worry that we are heading a little bit at least back towards the world of the 1920s and the 1960s where central banks were captured by the government of the day for public debt interest reasons.” End quote.
      http://www.abc.net.au/news/2012-12-12/stevens-warns-of-bail-out-policy-risks/4424536

      read more

      Correct me if I’m wrong here if we look at the National Bank of Canada for example , as I see it, the national bank of Canada acts as a private central bank however its one of those banks that were ” allegedly ” captured by governments or rather the crown? that Mr Stevens is referring to is it not? ( THE CORPORATE CROWN IS RUN BY BANKERS )

      http://en.wikipedia.org/wiki/Bank_of_Canada

      In Australia we had something similar to Canada where the Commonwealth Bank of Australia was essentially more or less a public government central bank before 1960 ? , after 1960 the Commonwealth bank of Australia still a public Bank if you will, was acting along side of all other private local banks up till 1995 when it was sold eventually into private hands , so the Commonwealth bank served under the new ” Reserve Bank of Australia ” or new private central bank after 1960 ( different to the bank of Canada which still acts as the central bank ) consequently criminal politicians who work for banks sold the Commonwealth bank into private hands without a referendum of course. The fact this took place in history proves Mr Stevens has no clue what he is talking about because public interest & tax’s etc is a further consequence or result of the private interest we the people including all industry & commerce pay on falsified debts to local banks , rather than governments capturing a private bank it was clearly the other way around where the private central banks took over or baught out the government run banks or a public Commonwealth Bank of Australia?, which was never public really because politicians work for private banks regardless past & present , they always have even before central banks came into existence the representative governments of the world worked with local private banks to steal & launder money as a means to reflate a circulation multiplying debt, a circulation that’s only ever comprised of some remaining principal mind you? http://en.wikipedia.org/wiki/Reserve_Bank_of_Australia

      Not that it matters really because a central bank private or ” allegedly ” public has always stolen & laundered principal & interest via all local banks anyhow. The Commonwealth bank of Australia was doing it as a central bank before 1960 & still are as a peripheral bank today ,likewise The Bank Of Canada is still doing it now also multiplying Canada’s debt regardless? http://www.debtclock.ca/

      Having a representative government issue money is one thing but if there is a debt or loan imposed for merely publishing the money that we the people actually create it serves no benefit but a further means or a prior means rather of purposed exploitation & outright theft.

      :D


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  33. Vasile Tanasiciuc said:

    I have found a real hum-dinger here Dave. I’d be ROTFLMFAO if it weren’t so tragically misguided , unqualified and illogical ,oh and throw in some Religious content and other divisive disinfo from a loud arrogant American chick with attitude then add 25-30,000 YT views.
    I was ready to punch My PC at this nonsense. I thought you might look into a project to debunk this shit and perhaps give those 25thou plus viewers some thing to think about. You’d obviously be better at articulating that which I could sense but am unable to otherwise articulate as comprehensively as you’e be able to do and unravel this drivel.

    Just a suggestion mate:)

    -“The Economy Is Going To Implode ” by Ann Barnhardt on YT (8 )parts

    Also surprise, surprise, the comments on the pages have been disabled.

    • Ann Barnhardt has her own approach which is quite poor in my opinion, likewise her reasoning which is vague to say the least has some similarities to what I advocate but she compromises what MPE proves & demonstrates with false assertions , at the end of the day a half a truth is not the full truth right, which clearly makes this woman a pretender & charlatan particularly branding those who advocate interest free money with something I’m most certainly not ( I would love to see her try and prove I’m an evil antisemitic? ) , these intellectually disabled individuals are in the thousands dividing & confusing people further with mere unqualified assumptions . Its really up to educated people like you in your hundreds of thousands to challenge this woman & all the others like her, I will debate her if she believes she can disprove MPE though ? ( which she cant )

      read more

      I admit I stopped watching this woman when she inferred Time justifies Interest , however she like all the other pretenders who advocate interest fail to see not only the 2nd grade mathematics but likewise fails to see * Earned Profit is only a sum of principal * which can be * GREATER VALUE * only if that sum of Principal indeed wasn’t subject to unwarranted interest paid out of circulation on falsified debts only to re-inflate circulation multiplying debt?

      There always will be * GREATER VALUE * in the form of principal in MPE upon increasing production or new represented property, therefore * GREATER VALUE * in MPE is most certainly NOT INTEREST but * Earned Profit *, as a result where we give up our labour / work & time or our * labour & production * to each other free of intervention or free of exploitation.

      ( Here is a simple rudimentary Example proving MPE most certainly does not ignore time value? )
      Actually this proves time value has nothing to do with interest really because interest today is only a result or consequence of a theft of principal nothing more .
      Now If It cost me in total $70,000 to build a house , I have also given up my own labour / work & time which is * GREATER VALUE * haven’t I ?, so I sell that house for lets say $100,000 which includes my own labour / work & time , consequently that $30,000 is my * earned profit * , again earned profit is NOT INTEREST because one who issues a promissory obligation ( money creation ) for $100,000 to buy the new house or for its intended representation pays me $100,000 principal don’t they? We have contracted with each other ( WITHOUT INTERVENTION or INTEREST ) to give up an equal representation of that wealth ( THE VALUE OF THE HOUSE ) to each other haven’t we? which includes not only my costs but my own labour / work & time to produce a house in the exchange of a likewise equal measure or like volume of another’s labour / work & time who issues a promissory obligation ( principal creation ) to purchase the house I built that’s nothing more than an interest free obligation to pay & rightfully retire the principal at the rate of ones own choice of consumption that solves an otherwise would be volumetric impropriety or rather circulatory inflation if we didn’t rightfully retire principal likewise circulatory deflation & price inflation on whole is simply solved by eradicating today’s interest thus we have neither inflation or deflation.

      Don’t be shy to take your own lead & pick up the sword my friend, I will mentor those who are prepared to hold these pretenders accountable, ( see contacts & add me to your skype? ) I will even debate them for you if you can actually get them in the ring with me?, however no one will step into the ring with me because upon investigation when challenged they all know they will be defeated in a matter of a few sentences , evasion ( cowardness ) therefore is their only course of action, It always is most if not all the of the time with these cowardly individuals who are clearly their own worst enemy.

      D:


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  34. Vasile Tanasiciuc said:

    Perfect , thanks.

  35. Vasile Tanasiciuc said:

    What about the price fluctuations that occur while you are still residing in a home??
    What causes these? ie. without selling a house to recoup interest payments?

    • The answer in short?, If its not you selling your house its other people in your area who are setting a precedent in buying & selling their homes which ball park values your home in respect to its age & condition etc , ask your local estate agent who will confirm this , homes which I may add are or were subject to unwarranted interest at one stage or another that your local estate agent may avoid telling you * artificially * increase’s the cost of housing regardless.

      read more

      However if I may expand as a result of interest or artificial inflation individual ” Greed ” can also play a big part which can be a following or consequential trend increasing housing prices even further , at the end of the day its the very interest paid to a thieving bank on a falsified debt that indeed sets that inflationary ball rolling & keeps it rolling regardless of peoples individual greed really. But I wont say that greed does not play a big part here because charged interest in its self is greed or for a better term unearned profit on a falsified debt is the banks greed from the get go. Its called theft champ .

      No one is recouping interest payments because the principal & interest we all pay out of circulation on all our own artificial debts to local banks is borrowed back to re-inflate circulation by means of national debt which irreversibly multiplies debt, if politicians were not re-inflating circulation by national debt it would be physically impossible for at least some of us to first earn money so as to continue paying our phony debts to all the local banks who in turn steal & launder the principal & interest into the hands of the central baking system, only to have it come back again & again over & over multiplying debt upon re-inflation . Why do you think governments are spending all this money ? Its because its necessary to re-inflate circulation over & over keeping the host alive just enough so the banks can keep their cycles of dispossession going.. All politicians are in breach of trust for partaking in a monumental crime of theft using stolen money ( principal we the people create ) to re-inflate circulation that irreversibly multiplies debt . One could call this an act of treason , actually in a mathematically perfected economy if implemented it is an act of treason by law that we the people dictate by a united peoples mandate .


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  36. Vasile Tanasiciuc said:

    Could you do a piece on Housing prices, discussing why rising prices are not in our best interest and an in depth look at the chain of events causing rising and depreciating home values. We need to dispel these myths to property bugs.

    Or otherwise direct me to mike’s work which deals with this topic in more detail.

    Thanks.

    • Gday

      Rising housing costs is caused by the same thing that makes everything else go up, its not a free market, it never has been , its artificial inflation which is caused by the very interest we all pay on our own falsified debts to local banks .

      read more

      Logic tells us if one allegedly borrows $100,000 to pay for a house one is really paying a bank who risk nothing of its own in the order of 2 x $100,000 because of interest?. Now logic tells us again if one wants to sell that house after they fulfill the alleged loan they are seeking at least $200,000 on the resale are they not ? , Now I ask you to point this out to any real estate agent & just look at them shrug their shoulders? this is clearly a evidential fact of pure logic most if not all people refuse to see every day due to their own greed sadly.

      Housing booms in the past were generally attributed to low interest rates over an extended period of time where there is an increase of alleged borrowing & the bust comes when that alleged borrowing can no longer be sustained due to the principal & interest which is being paid out of a general circulation that’s only ever comprised of some remaining principal at the very most, which in turn irreversibly multiplies debt, clearly evident by increasing sums of national debt.

      Today interest rates are low in a desperate attempt to stimulate the lie of economy we all live in , however most fail to see the debt has multiplied to an unsustainable levels for all industry & commerce, so clearly there is no recovery or falsified boom on the horizon , reason being is we are in the final stages of total dispossession of all our property & wealth.

      May I suggest you search the menu & read ” the cause of all inflation ” & regarding why we should be retiring principal at the rate of depreciation or our consumption of related property (including houses ) is in the 1.1.1 second grade math ratio which can be found in the menu also ” the mathematics ” likewise I suggest you also see ” MPE for dummies ” in the menu. Actually if you read everything in the menu you will get a much more in depth detailed comprehension on why not only houses go up in price today but everything really, it all stems from the banks purposed obfuscation of our promissory obligations we really have to each other, which I might add everyone evades addressing sadly.

      PS: Here is a recent video I have done relating to Australia’s First-home buyers in severe mortgage stress.

      Thank You
      David


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  37. At the very heart of the matter, if we call a spade a spade, our current world wide monetary systems are no more than modern day slavery mechanisms, cleverly disguised to give the impression of a free world – where in truth freedom has never ever existed in the form in which we have been educated to believe it exists.
    Such covert operations at the expense of the masses are crimes against humanity to such degrees that it is repulsive and devlish.

    It’s now or never come on people!

    • As I see it Billy , people only have to ask themselves one simple question really .

      Who do politicians work for ?

      A) The people.
      or
      B) The bank.

      If everyone answers this question in all honesty, MPE will change the world for the better in a blink of the eye.

      Thanks for the rant buddy, we need more like you :)

  38. no vid required , thanks mate.

  39. Explain why competing currencies can’t work. Do a vid if you could Dave.

    • Gday Billy

      Competing currencies such as “ LETS “, ” mountain currency “ even ” the lawful bank “ which are all subject to no interest can neither account, prove nor demonstrate a volumetric representation of money needed in circulation can be equal respectively to the property value given up or redeemed in any exchange & likewise equal to remaining debt so as to actually solve inflation or solve a volumetric disposition , however any community small or large using these or any other competing currency will not only have a currency subject to unaccountable inflation & deflation they will most certainly have an inherent fault regardless by the very act of exchanging money or property subject to another competing currency which is actually subject to the second crime of interest or a volumetric disposition .

      read more

      Those who make preposterous claims they have the same idea or on the same side of MPE by merely advocating these interest free purported monetary solutions such as ” LETS “, ” mountain currency“, “lawful bank“, “money as debt“ etc, are really confusing & dividing us further with unqualified assumptions who are really adversaries pointing you away from the one & only proof of solution ( MPE ) that not only disproves all other solutions ( no exceptions ) with logic & elementary 2nd grade mathematics it proves all other alleged solutions including these other interest free purported solutions also advocate the * cancer * ( THE CANCER IS A THEFT OF PRINCIPAL BY PRETENDING TO LOAN YOU PRINCIPAL ) then incorporate this * cancer * in their alleged solution which is the banks * first crime * imposed on all of us today by a * purposed obfuscation * of money creation itself on one of our very own promissory obligations that we actually have to each other ( not that we have to any bank or thieving publisher or secondary issuer of money who intervenes on our business & commerce by fraud, misrepresenting our contracts, risking nothing giving up no consideration of their own commensurable to an imposed but falsified debt, only then pretending to loan us money that we the people actually create & issue on conception before any book entry? )

      You can find in the menu what I have written here with a video in more detail under the heading ” the lies of economy “ where I address the inherent faults with competing currencies ( No. 9 ) along with the rest of the lies of economy that people continue to repeat as purported solution with what are preposterous unqualified assumptions & out right lies.

      I might add here under no circumstances MPE can be done on a micro level , it has to be done on an macro or national level at the very least to keep the money at home for starters ,if MPE did compete with a plethora of competing currencies within a nation & those other currencies were subject to exploitation ,out side intervention or any volumetric impropriety per representation ( WHICH MPE CAN PROVE ) such as interest for one example, the very act then of exchanging MPE currency & property with any other currency & its related property will logically infect & destroy the value of the MPE currency per its represented property much like a virus.

      Thank You

      PS: I can do a video just on competing currencies if you insist Billy but I feel all I would be doing is repeating what I have already written here on my blog & what I have already addressed regarding competing currencies within the video called ” PFMPE, Exposing the lies of economy “


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  40. Got a quick question for you. I had this question given to me recently and can’t quite reconcile it in my simple mind. What would be the remedy for the deflation that would occur if a block or group of people decided to manipulate the economy by taking money out of circulation via savings under MPE? Groups of people could put off spending major amounts of their expendable income (effectively the same way banks deplete circulation by sucking out interest from the economy). Then they could spend their savings plus all their expendable income to create inflation and capitalize on this manipulation. I know under MPE there is no deflation or inflation if followed according to Mike’s antidote of erradicating interest and paying back out of circulation at the rate of depreciation. Savings however might create a problem in that (for example) lets say that everyone decided to save 80% of their income for whatever reason. This would undoubtedly create deflation for the period of time this would go on. What would MPE do in this situation? Thanks. Might be an idea for another video?

    • Good Questions Rick.

      Firstly we have to comprehend that ones savings or earned profit in a mathematically perfected economy™ is a part of the circulation or a part of the 1.1.1 ratio , you could liken this percentage of circulation, ones savings or earned profit is merely sitting on the side line so to speak, much the same as our unexploited retirement funds are in MPE until such time we retire & spend it, However what makes ones savings or earned profit different to the banks stealing & laundering circulation is that principal & interest today is re borrowed * before * its spent back into circulation which irreversibly multiplies debt , the rate of circulatory deflation always exceeds the rate of circulatory inflation or re-inflation which always leaves us with a perpetual deflation that’s clearly evident by increasing sums of national debt ,so in other words what we all pay out of circulation ( principal & interest ) on all our own falsified debts to banks is borrowed back as a irreversible multiplication of debt so as to re-inflate circulation thus re inflation is never sufficient so all of us can service our own falsified debts to banks regardless of any multiplication of debt by re-inflation ,the banks are always always always perpetually shorting the circulation by the ground floor theft * principal & interest * on our very own falsified debts to all local banks BIG & SMALL NO EXCEPTIONS .

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      Now In MPE the big difference is our Savings or earned profit is directly spent into the economy & rightfully retired on someone else’s obligation , not stolen, loaned back & spent into the economy , paid principal is the property of no one in MPE regardless how long savings or earned profit sits in our accounts, its spent eventually ,if we also consider for example what we pay down out of circulation at the rate of consumption or depreciation may take one 100 years to retire the represented value of a house , not to be confused now rick ,if one chooses to * pay down * ( NOT PAID BACK ) ones obligation faster because no matter how fast one pays their obligation above consumption the CMI will NOT retire the excess money paid ( principal only ) above the rate of ones consumption regardless, likewise any excess money paid in advance sits in ones own account ,metaphorically speaking frozen if you like ( NOTE: you can also choose to unfreeze whatever you pay or commit above consumption if you like because its otherwise savings one can spend further into circulation NOT back into circulation ),still a part of circulation mind you that represents the unconsumed remaining property value . Not only does the CMI prove & demonstrate to us it commits no crime against us here ,that excess money one pays is still theirs where they’re still paying at the rate of their consumption , For example if one decides to sell their property after paying excess above their consumption of the property, having paid the total value of the house , naturally if both parties agree on a price, the sum saved or paid over consumption by the seller is the sum total the new owner pays who takes on the remaining debt either directly by issuing a promissory obligation or indirectly purchasing the property with their savings or earned profit which someone else issued into circulation by a promissory obligation . Either way here there is no exchange of money on represented property whereas the new purchaser or owner actually witnesses the represented value of what they purchased retired from their own account, or circulation at the rate of their consumption & any former owner keeps what is paid in advance above their consumption in their account after the property is given up to the new owner, only then the agreed price or whatever thats paid over consumption by the seller, sitting in their own account is theirs to do as they wish.

      Actually rick there is an increase & decrease in circulation in MPE but its circulatory in nature , simply eradicating interest we solve price inflation on a whole its that easy , only then we can balance the volume of circulation per representation where both increasing circulation = new represented property ( NRP ), & decrease in circulation = consumption of the related property ( CRP ) likewise retired, always equals the former circulation ( C ), respectively to remaining property value ( RV ) & remaining debt ( RO ). As long as we are issuing promissory obligations in MPE we will undoubtedly always have a perpetual increase in circulation per new representation of wealth & we always balance the perpetual increase by rightfully retiring circulation at the rate of our consumption . ( see the mathematics )

      As for those who think they can adversely effect MPEs 1.1.1 ratio by simply keeping vast sums of money in their savings accounts which they have to earn mind you & then spending it all at once in an attempt to hyper inflate the circulation fails the rudimentary logic here simply because their spending earned savings or profit which is a further representation, there not issuing a promissory obligation without representation ? ,so indeed spending a further representation will have no adverse effect on the 1.1.1 ratio ( MPE IS BULLET PROOF ) , It matters not how much one saves or spends which is the evidence of someones promissory obligation , spending the representation ,saved money or earned profit, now or in 100 years it matters not because when this money is eventually spent even in an ignoramus attempt to adversely hyper inflate the circulation, its mathematically impossible in MPE, their only helping someone else retire circulation by earning it to likewise pay down their own obligation ,all new represented property always issues new money into circulation regardless of how much one saves even in feeble attempts to short the circulation which is likewise mathematically impossible in MPE, actually to suggest these things with malintent is an oxymoron & a epic fail really ,only demonstrating ones own wilful blind ignorance which clearly shows us these individuals are indeed intellectually disabled blinded by greed. May I suggest rick ,those who proposed this scenario to you go back to school & repeat 2nd grade mathematics ,indeed if they don’t use rudimentary logic in extending their 2nd grade equations they will most certainly fail for the second time round.

      You might want to review ” MPE for dummies ” & ” MPE debate challenge ” including the videos of me there rick, particularly ” MPE ( Who decides the ” rate ” of depreciation ) & ” Mathematically Perfected Economy for the layman “, likewise I suggest you also look at ” The cause of all inflation ” & of course ” The mathematics ” my friend, always keeping in mind in a Mathematically Perfected Economy™ we rightfully retire or extinguish the circulation that we consume which no longer represents the property value.

      Dave :)


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    • Yes, I think that sums it up pretty well. If I understand you correctly, I’m seeing that in the long run it all comes out in the wash and is not possible to deflate or inflate circulation. Temporarily we do create circulatory deflation when we save our earned money, but that income will eventually be spent back into circulation, re-inflating the prior deflation. So that when it’s all taken into consideration we’re back to square one so to speak.

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      As far as banks stealing our promissory obligation and lending it back to us at principal + interest, multiplying the former sum of debt by as much as the interest on subsequent obligations, it’s easy to see the logical end of the process as being terminal in nature, as well as the deflationary aspect of the process due to banks stealing interest out of circulation.

      Another question….Do we know what banks are doing with all the trillions of dollars they are stealing from us? I mean do we have any insight that banks are not somehow spending the interest back into circulation by buying up property or the like? (not that it negates the fact that they are confiscating our promissory obligations and stealing our earned income mind you).

    • Actually Rick as we spend money in MPE it doesn’t re-inflate any deficiency in circulation because there is no deficiency really ,all money is retired when its spent eventually that pays down someone else’s obligation , it all depends on our consumption that we decide really, could take 100 years or more to retire the money issued to buy a house for example, so what we spend is a decrease in circulation but its not an abnormal or a distorted decrease in circulation so its not even deflation really, the remaining volume of circulation is always * equal * to the * remaining * property value likewise always equal to * remaining * debt, therefore we balance any increase of circulation or any new represented property value by retiring principal at the rate of our consumption thus eradicating any deficiency in circulation or eradicating any volumetric impropriety in circulation so we actually have the money available left in circulation so we can service our own debt without multiplying debt.

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      Putting it simply rick you cant hyper inflate circulation in MPE because all promissory obligations that issue new money in circulation are fully redeemable in ” remaining ” property value, likewise if we save any money its merely a further representation of someones promissory obligation which will be retired when someone spends that money eventually, in turn someone else gives up their production to earn that money so it can be either saved or retired on their own obligation which issued new money into circulation, as long as we are issuing promissory obligations the volume of circulation will perpetually increase per new representation, even if we all stop issuing promissory obligations which is illogical never the less the remaining circulation will always be equal to remaining property value & remaining debt. Realistically if you look at the mathematics again rick you will see the NEW circulation will always be perpetually increasing circulation per new representation when new promissory obligations are issued regardless but whats paid out of circulation to be retired is what we consume is paid down & retired at a slower rate ( EG: 100 years for a house ) than NEW represented property creating & issuing new money into circulation ( EG:A house may take only months to build ) .

      Its mathematically impossible to adversely increase or decrese circulation because savings is a further representation, savings is not a promissory obligation that creates money rick ,savings is merely the unexploited evidence of a promissory obligation so SAVING MONEY IS NOT EVEN A TEMPORARY DEFLATION, savings is not sitting outside the ball park rick ? its sitting on the side line in our reserve which is still on the field or a part of the game or circulation only its not getting spent on consumption as such, savings or earned profit is also entitlement of wealth & only becomes a debt on the exchange when we spend it remember rick ?, therefore savings cant adversely effect the volume of circulation or that 1.1.1 ratio which includes our savings rick, in relation to increasing representation that’s always equal mate, let me be clear again if we balance the increases & decreases of circulation there is no circulatory deflation or inflation in MPE really, however the circulation is perpetually increasing respectively * equal* to all remaining property value & how we do this is to balance circulation in respect to the remaining property value & remaining debt by rightfully retiring circulation at the rate of our consumption which can take up to a 100 years for a house right? , so logically if our consumption is on a whole slower ( not lower ) than any new creation or increasing production of course the circulation will always be increasing wont it mate but its always balanced in respect to remaining property value & remaining debt , so its impossible to ever decrease circulation below its representation ,likewise its then impossible to hyper inflate circulation above its representation if we rightfully retire circulation ( principal only ) at the rate we consume. :)

      In actual fact rick not only we all would have the ability to own our own home ,we would have that much money we could also put away or save 40% or 50 % of our earned income to retire from working mate , all of us will be self-funded retirees, the more you save the earlier you can retire from working if you want even at the age of 35 or 45 if you really want, its up to the individual really, you might want to work 3 days a week & retire at 55, the opportunities & freedom of choice is endless? You do realize anyone who denies MPE must have rocks in their head don’t you rick ?

      To answer your next question ,I’m not a banking insider so I don’t know where exactly the money goes after its stolen & laundered out of circulation but I do know it comes back as national debt , I do know the publishers ( central banks ) end up with most if not all of the money we pay to commercial banks ,after that I cant tell you where the theft goes or sits exactly before its loaned back as national debt because its laundered all over the world through banks ” trusts ” or corporate trusts managed by banks which are purposely hidden rick but if we look at the IMF & similar banking institutions we can then logically ask ourselves where did they get their money to loan out if we the people create all money on its very conception? The circumstantial evidence is quite clear really because its one big money laundering racket that would take a century to trace , all we really need to focus on is the theft really & how this theft is loaned back as a multiplication of debt which MPE proves , when you think about it rick , its really irrelevant where the theft goes or sits before its loaned back as terminal debt because we see it go out & come back in & that’s what counts really mate , you could liken this type of irrelevance to Ron Paul’s audit the fed ? Failing all along to address the volumetric improprieties of the circulation.

      As for banks spending what they steal ( principal + interest ) which is really 2x or 3x the principal mate , banks don’t just steal interest because the sum of interest paid comes out of a circulation that only ever consists of some remaining principal at most ( NO BANK CAN PROVE OR DEMONSTRATE HOW INTEREST IS FIRST CREATED AND THEN ISSUED OR SPENT INTO CIRCULATION ) , logic then tells us the banks would have to spend 2x or 3x the principal we all pay out of circulation back into circulation to re-inflate circulation so we can actually pay down falsified debt & what the banks pay in employees wages & payed interest on investments would be a fraction of a percent compared to what they steal & launder on all falsified debts ,to suggest banks spend what they steal is absurd to say the least if one can use rudimentary logic, moreover its not even the banks to spend or invest even on manipulating the markets with high frequency trading which is a further consequential theft of even more property & wealth using the same money they steal from us fixing the markets like a roulette wheel that more or less always pays the house / bank stealing further circulation once again? , now if we look at the total sum of irreversible national debt all over the world, the banks would have to be spending this sum of national debt back into circulation? Logic alone tells us here banks are not spending what they steal back into circulation , no where near it mate , rather their loaning it back to criminal governments * either * to bail out banks so the banks can then pay their own debt because we the people who take the only risk have lost our credit worthiness due to the perpetual shortage by imposed interest where we can no longer service on all our own phony personal debts which in turn cant pay or service the local banks debt to the central bank or other banks that inevitably ends up at a central bank somewhere in the world , therefore the difference of interest the local bank pays to another bank or a central bank in relation to what interest we the people pay on our very own purported loans is the local banks unearned profit or unjust reward for stealing & laundering circulation into the central banking system * OR * its simply borrowed & spent back into circulation by criminal governments on things we don’t necessarily need like war for one example , sweet heart deals with corporations or banking corporations, the list of shady deals & scams is endless rick ? ,regardless what the government representatives spend or give away it multiplies all our falsified debt paid out of circulation into terminal sums of falsified national debt to re -inflate circulation at the end of the day. Its not rocket science really .

      Putting it simply rick if the banks were spending what they steal back into circulation we wouldn’t have irreversible sums of national debt & the evidence that banks are not spending what they steal back into circulation is increasing sums of national debt its that simple ( BANKS DON’T CREATE MONEY, WE DO BECAUSE NO BANK CAN NEITHER DEMONSTRATE OR PROVE WHAT CONSIDERATION THEY GIVE UP OF THEIR OWN COMMENSURABLE TO THE ” ALLEGED LOAN ” THEY IMPOSE UPON ONE OF OUR PROMISSORY OBLIGATIONS BEFORE ANY BOOK ENTRY ) , more evidence is increasing job loss , increasing price inflation ( not circulatory inflation ) , increasing foreclosure where the banks consolidate our private property & wealth on their cycles of dispossession, likewise resulting further evidence is taxes , increasing taxes , new taxes ,levies , licenses , fines, any sell offs of sovereign wealth like land , resources ,even national infrastructure ,etc by criminal government representatives so as to pay national debt on re-inflation knowing all too well they can never pay down national debt while ground floor banks are stealing & laundering circulation (by the purposed obfuscation of our very own promissory obligations we have to each other ) at a faster rate of any former re-inflation .

      You may also want to look at one of my recent posts. Refuting G.Edward Griffin’s Critique of Mathematically Perfected Economy which addresses the fallacy of banks spending interest back into circulation which is an epic failure of logic on Mr Griffin’s behalf I must say.


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  41. Superbillego said:

    What are the mistruths and unqualified assumptions in the site’s explanation.
    I want to learn the differences between the REAL MPE and the pretenders.
    It’s not always easy to see as you’re learning.

    Cheers

    • There are no lies or unqualified assumptions here on this page?
      However You might want to look at ” the lies of economy ” in the menu if you wish to put 2 & 2 together yourself so you can then identify the pretenders who push the lies of economy with unqualified assumptions , likewise the ” gold standard cant work ” is another one you may want to look at along with ” the cause of all inflation ” .

      The “MPE debate challenge” is something else you may want to study also. Actually the whole menu is worth checking out .. Any questions of uncertainty just ask at the bottom of the particular page from the menu & I will be happy to answer them for you champ .

  42. Your hits going up my friend. I’ve been telling everyone and their dog to learn MPE here. Great site! Now quit messing around on the computer and go put more shrimp on the Barbee ;o)
    By the way, how’d you do that text to speach thing on your site? That’s pretty slick

    • Much appreciated rick thanks mate.
      The program I used to do the text to speech is balabolka , I uploaded the mp3 result to a reliable file storage service that provides a direct link which then can be used with the audio player that comes standard with any wordpress account.

    • I’m going to check that Ap out! Researching the moneytruth website to brush up on any inconsistancies comparable to Mathematically Perfected Economy™. The one and ONLY solution. cheers

    • Sadly It appears this moneytruth website has copied or ” stolen ” most of its information from the MPE solution without giving credit to Mike Montagne the original author of MPE. However after reading this moneytruth web page I see why because it not only appears contradictory in parts but misinforming by merely using what they have mostly ” stolen ” or ” plagiarised ” from the MPE solution mixing in unqualified assumptions & half truths only then pretending to have some original authority on monetary solution..

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      Consequently I invite the author Simon Andrew’s of this moneytruth website to contact myself or mike to discuss or debate his position live on TNS radio.

      Anything else is evasion of fact just like all the other 11th hour pretenders who confuse & divide us further for self gain or profit & it appears Simon Andrew’s from moneytruth would like people to donate $5 for what he has clearly stolen from MPE which is information that has always been free for the last 44 years I might add , sadly its all these pretenders just like Simon Andrews who point us away from MPE & this is the very reason why people have not heard of MPE . Indeed this can only be further evidence that supports a fact man is his own worst enemy & will only have himself to blame in the end when he is dispossessed of all his property & wealth.

  43. Great work Dave!

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