- Hits: 19073
Can you see the flaw?
The above argument simply states the premises A=B and B=C and then makes the statement C=A+D. But if A=B=C, then
clearly A=C and C=A+D is false, unless of course D=0.
So what? You might be asking what’s the big deal? Bear with me as you try this on for size:
Debt=Principal + Interest!
Now that is a big deal, right?
All current money contracts are centred on such flawed logic and according to several legal doctrines, they ALL are invalid. Because the collateral cannot be equal to both “Principal” AND “Principal + Interest”!
So there you have it, money contracts containing such a false syllogism are invalid and they represent the current system. And if the syllogism were to be corrected, then that means that the system would be too!
Only a Passive BIBO Stable Currency corrects the syllogism so that: