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You reach for fundamental causes. But not deep enough.

The fundamental cause of all this is inherent multiplication of debt by interest; that we have tolerated a system which from its inception was purposed to take from us by multiplication of debt; and that this process of unearned taking from us can only drive up costs to us moreso than it is mathematically possible for our wages to keep pace.

All the things before you are to be expected; I’ll tell you why:

Any purported economy subject to interest can only multiply debt in proportion to the respective circulation, because such a form of circulation obligates us to maintain a circulation merely so that we can service debt; and because to maintain a circulation, we are compelled perpetually to re-borrow periodic principal and interest obligations paid out of the general circulation, as subsequent sums of debt perpetually increased so much as periodic interest on the ever escalating sum of debt.

To maintain margins of solubility, industry therefore is perpetually compelled to raise its prices to cover the rising costs of its obligations to directly or even to indirectly service the perpetually escalating sum of debt.

This is the real, fundamental cause of price inflation.

by Mike Montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)

https://web.archive.org/web/20160305182852...
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