L i c e n s e d B y V i r t u a l m o n e y, I n c.
We make money the old-fashioned way - - - We print it !
Then we secure it with assets on a present value basis.
Patent(s) Pending
A r c h i v e s
November 2, 2005
INDEXED VALUE
MR$ Indexed Values: (PDF files)
Comparing the Performance of Real and Nominal Monetary Units
Creating the Private Currency
November 1, 2005 Private Currency Jumps 1.22% in November
October 19, 2005 Private Currency on eBay Beats Inflation
MR$ Indexed Value: PDF files
The PDF files presenting the indexed value of the Millennium Dollars® are available on a separate page
Please see: Indexed Values.
There are no letters posted at this time.
Comparing the Performance of Real and Nominal Monetary Units
Two graphs, one in real dollars and one in nominal dollars, depicting the relative performance of the
Millennium Dollar® and the U.S. dollar; since January 1st, 2000 to the present. PDF File.
Creating the Private Currency:
A diagram; depicting the securitization and stripping process that is required to create the assets, which will
secure the Millennium Dollars® issued and outstanding on a present value basis at a ratio of 1:1. PDF File.
Private Currency Jumps 1.22% in November
MINNEAPOLIS
-- A
private
currency,
indexed
to
the
U.S.
dollar,
will
be
adjusted
1.22%
in
November,
using
a
lagging
index
to
account
for
September’s
inflation
rate.
At
an
annualized
rate
of
14.66%
for
the
month,
this
is
the
largest
increase
recorded
for
the
Millennium
Dollar®.
It
also
indicates
a
4.69%
inflationary
adjustment
for
the
year
ending
on
December
1st,
2005.
The
currency,
sponsored
by
Real
Monetary
Reserve,
Inc.,
was
defined
as
equaling
the
purchasing
power
of
one
U.S.
dollar
on
January
1st,
2000
with
a
reference
index
of
168.2.
Thereafter,
the
indexed
value
of
the
Millennium
Dollar®
equals
one
plus
the
percentage
change
in
the
consumer
price
index
for
all
urban
consumers.
The
percentage
change
is
then
prorated
over
the
days
of
the
month.
The
inflation
index
is
tabulated
monthly
by
the
Bureau
of
Labor
Statistics,
an
agency
of
the
U.S.
Department
of
Labor.
The currency’s indexed value of $1.167658 on November 1st will jump to $1.181926 by December 1st. Merchants are asked to accept the Millennium Dollar® at the indexed value, since it is secured by assets of the sponsor on a present value basis. The assets are primarily securitized Treasury Inflation Protection Securities issued by the U.S.
Private Currency on eBay Beats Inflation
MINNEAPOLIS -- A private currency auctioned on eBay is beating inflation. It is indexed to the U.S. dollar (USD), and 100% secured by the sponsor’s assets on a present value basis. Money should be worth as much tomorrow as it is today, says the sponsor. And now it can be, with a currency offered as a promise-to-conserve the purchasing power of your capital.
"The Millennium Dollar® (MR$) gives consumers, businesses and even governments a tool for fighting inflation," says Tom Tripp, president of Real Monetary Reserve, Inc, the sponsor. "And, it will work just as well with deflation." A weekly calendar for MR$ auctions on eBay is posted at.
The MR$ was indexed to the USD on January 1st, 2000, when one MR$ was defined as equaling one USD with the reference CPI-U of 168.2. For the year ending on November 1st, 2005, the inflationary adjustment for the Millennium Dollar® is 3.64%. Then, it will jump 1.22% by December 1st, 2005, to reflect September’s inflation. Wherever the inflation index goes, the MR$ will follow. If deflation occurs, the indexed value will decline to maintain the constant purchasing power of the MR$ monetary unit.
The MR$ indexed value for November 1st will be $1.167658, increasing to $1.181926 by December 1st. The difference of $.014269 shows that inflation actually compounds over longer periods, when compared to the monthly increase of 1.22%. Hence, the index value shows the 18.1926% inflation of the USD, since the turn of the millennium. A chart of the daily indexed values is posted each month in advance on the sponsor’s Web site.
Merchants are asked to accept the MR$ at the indexed value. Merchants may convert the MR$ into USD at the prevailing currency exchange rate, pay creditors in MR$ or hold MR$ as a store of value. By paying creditors with MR$, merchants can avoid the conversion discount. This is not possible with credit card receivables. Contact information for conversions is printed on each MR$ note.
MR$ are secured by the sponsor’s assets on a present value basis. These assets include Treasury Inflation Protection Securities (TIPS), issued by the U.S. Treasury, and cash investments. The percentage change in the Consumer Price Index for All Urban Consumers determines the inflationary adjustment, which flows through from the assets to the currency.
The promise-to-conserve is met; provided that, the sponsor maintains present value assets at a 1:1 ratio with the indexed value of the MR$ notes issued and outstanding. The sponsor uses patent-pending software to convert the inflationary adjustment on the assets into a monthly cash payment stream. This payment stream, along with the nominal par value of the bonds, create present value assets equal to the indexed value of the MR$ notes issued and outstanding.
The present value calculation will use the inflation rate as the capitalization rate. As the assets, and the currency, are adjusted for inflation each month; the capitalization rate is also adjusted. This creates a stable relationship between the indexed value of the currency and the present value of the assets, thereby creating money that is worth as much tomorrow as it is today.
At the starting bid price, you can purchase Millennium Dollars® wholesale on eBay. This is possible, since changing the payment streams on the assets enhances their value. This allows the sponsor to sell MR$ wholesale, until the winning bid and delivery costs equal the indexed value. Good luck at the auction!