Saturday, August 31, 2013

Fatal Flaw of Math. Perfect Economy

SSS and MPE are very similar. The difference is SSS pays off debt much sooner than MPE.

35 Pay the debt thou hast contracted with the printer. Release thyself from bondage. (Doctrine and Covenants, Doctrine and Covenants, D&C 19)

In addition to the problem of Velocity and MPE not retiring money fast enough from the economy, I will tell you what will happen with the MPE eternal debt/slave system:
1. mortgage $2000/yr or $166/mo for 50 years = $100,000
2. car $2000/yr or $166/mo for 10 years = $20,000

Because it is now so inexpensive to live in a house and drive a car, wages will decrease, and instead of being in debt for 30 years, people will be indebted for 50. You must realize most employers will only ever pay a minimum "living wage". But when the banks own the house for 50 years and not the people who live in them, then the banks can dictate what happens. Payments will match depreciation. The banks will penalize you for having more kids = faster home depreciation. 
$166/mo doesn't seem like a lot, but when wages fall.  And they will, the potential increased monthly payments will discourage families from having children. Again, most employers only pay enough to cover expenses.  Wages will fall to just meet these payments.
MPE is a slave system
SSS is a liberty system 

Don't let the promise of a $166/mo mortgage blind you to the sinister evil behind of MPE.

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