In the past, I have considered as a solution to the economic malaise of modern man the theory commonly known as Social Credit, authored by C.H. Douglas, a Scottish engineer. While Social Credit addressed the symptoms of our economic problems, it unfortunately did not address the fundamental cause of these problems, and because it did not, it could not provide the proper solution.
It is clear to anyone who understands the way our economy works that the root cause and inevitable downfall of our entire economic system and way of life can be attributed to one thing which we are all familiar with. And that thing is compound interest. Most people grasp this quite readily once they understand the following:
Ultimately, banks do not loan their own or anyone else's money. When a loan is issued, that money is created out of thin air.
When the bank creates the loan, they never create the interest that must be paid back to the bank.
This creates a demand for further loans, which are required to pay off the previous loans
Simply put, in order to pay off the interest of the first loan, a subsequent loan must be made to cover the interest payments of the first loan. Over time the amount of the principal from each subsequent loan needed to cover the interest payments of the previous loan(s) is ever increasing. This scenario goes on until the amount of money needed to service the debt eclipses the amount of money that must stay in circulation in order to keep the economy going. Despite the fact that this point has not been reached yet in our economy, it is coming -- and fast. You may also wish to consider that at any given time, there is never enough money in circulation, whether it be cash, cheque, or any other kind, to pay off all the outstanding loans. But why would we do that anyway? Because to extinguish all loans would be to extinguish our entire money supply, a feat that would cripple -- no, it would absolutely freeze all commerce everywhere, and we would all collectively starve or turn back to the horse and buggy barter system of previous civilizations.
But all this is avoidable if we act soon.
I am calling for the immediate implementation of Mathematically Perfected Economy™ in Canada before ours and the entire global financial system comes down. The fundamental premise of MPE™ is that the artificial multiplication of debt by compound interest is singularly responsible for all the inflationary and deflationary cycles of our current money system here in Canada and also everywhere else where similar usurious systems are in control, which is at least in every Western country. As the mathematician Mike Montagne explains, any and every compound interest system is terminal, and will fail and collapse in on itself. Let me say that again: "every compound interest system is terminal, and will fail".
No, the economic problems we encounter are not caused by Joe Homeowner desiring to put a roof over his head.
No, the economic hardship we labor under are not caused by an over or under heated economy or a lack of consumer confidence.
No, the economic malaise is not caused by outsourcing jobs and industry to other countries.
No, the economic disaster brewing is not caused by any of the other of the myriad of lies and deceit that are poured out upon us incessantly. True, these are all real economic problems, but they are created and spawned by the problem of compound interest. Likewise, the solutions the popular parties and their laminated politicians offer for these problems are equally impotent and arbitrary and in failing to identify the root of the problem, they also are never able to provide a real solution to help us avoid the coming economic armageddon.
But there is a solution. In short, MPE™ has been summarized by Mike Montagne as follows:
mathematically perfected economy™ (MPE™)
the singular integral solution of
inflation and deflation
systemic manipulation of the cost or value of money or property
inherent, artificial multiplication of debt into terminal systemic failure
every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them
our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.
Consider these statements by Abraham Lincoln: "The money powers prey upon the nation in times of peace, and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies, all who question their methods or throw light upon their crimes.
I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe. Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed."
We don't have a republic in Canada, but the net effect of doing nothing to fix the problem of compound interest will be the same -- total economic catastrophe. But before that happens, the run up will include more of what we see now including child poverty, poorly funded hospitals, increased crime, money related divorces, near universal government intervention and social programs, and without a doubt the worst but inevitable and historical endpoint of a major war.
The people of Canada must wake up and do something about it.
In the last election, two candidates from the other parties came up behind the scenes and admitted that most of what I said was true, but that they were bound to do nothing and say nothing because their parties had not authorized them to do so. Rest assured that as an independent, I retain the right to speak on whatever topic I like, whenever I like, wherever I like, and I march to the beat of no drum but my own, so far as I can ascertain the truth and the best course to pursue, and I invite you to participate in that process. I fully expect that the official parties will never acquiesce to change the system, but that the people will have to first put a myriad of independent party members in Ottawa before these changes can be effected.
Consider learning about mathematically perfected economy™ and see how I agree with Mike's proposal on how to end the current slow motion monetary collapse in just one day.