PCM Technical Framework

Paper P.C.M. Public Cash Money

The Constitutional Inflation Bracket: Formal Definition, Compliance Mechanism, and the Structural Reason Why No Universal Optimal Point Exists Within It

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This chapter introduces the constitutional inflation bracket as the binding international constraint of the PCM framework, formalizes the compliance and infraction procedure, and demonstrates why the optimal operating point within the bracket is necessarily area-specific and cannot be determined universally a priori. Davide Serra · Systems Analyst · publiccashmoney.com · May 2026Published as Open Source. […]

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The Corrected Formula: Why MV = PQ Omits the Variables That Make the Structural Bug Visible, and What MV = PQ + T + I + G×S Predicts

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This chapter does not prescribe P.C.M. It corrects the standard Equation of Exchange to include variables the mainstream framework omits, demonstrates that the corrected formula describes historical reality more accurately than the standard one, and introduces the Return Coefficient R as a formal instrument for distinguishing productive from non-productive public expenditure. Davide Serra · Systems

The Corrected Formula: Why MV = PQ Omits the Variables That Make the Structural Bug Visible, and What MV = PQ + T + I + G×S Predicts Read More »

PCM — Public Cash Money · Technical Framework · Chapter 1 of xx

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THE STRUCTURAL BUG: A Formal Proof That the Current Monetary System Is Mathematically Configured to Generate Unpayable Debt This chapter does not describe P.C.M. It describes what is wrong with the current system. P.C.M. is proposed in subsequent chapters. Davide Serra · Systems Analyst · publiccashmoney.com · May 2026 Published as Open Source. Peer review

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