About
The Economic Research Services
Based on our economic research, we are currently testing the theory of pennies doubling over a period of time as an actual real-world application.
Test the DoublePennies™ Theory for $10. Generate and Receive up to $500.
This test is currently opened to qualified citizens in the United States (available to other qualified countries soon).
This theory is based on an original idea known as “What happens when you double a penny everyday for 30 days?”
THE ORIGINAL IDEA
Many of us - around the world - heard of the idea of:
What happens when you double a penny everyday for 30 Days?
The chart below depicts the basic principles of doubling pennies up to 30 days (after day 1) which results into a grand total amount equal to $5,368,709.12 USD.
This concept, known as compounding and exponential growth, has created a financial, educational, and social interest which then generated many discussions for decades. Many people have come up with their own thoughts, versions, scenarios, and ideas. This concept is nothing less than an amazing theoretical phenomenon that has been admired by many people throughout the world.
Now, DoublePennies.Online™ is going to modify and test the theory in the real-world to see if it could be done.
Test the DoublePennies™ Theory for $10. Generate and Receive Up to $500.
We are looking for individuals to test the DoublePennies™ Theory in the real-world. It is DoublePenniesOnline LLC’s approach to making this theoretical original idea a way to work in the real-world.
Based on our opinion, as well as many theorists and others, the concept of doubling a penny for 30 days is virtually impossible to be applied in the real-world. The DoublePennies™ Theory is taking the original idea above and making the modifications that could possibly apply in the real-world.
MAJOR MODIFICATION
DoublePennies.Online™ is carefully modifying and applying some parts of this concept to test it as a real-world application. The most important major modification that one needs to be aware of is the change on how time - that is, Days - affects the concept and why the major change that is being made is to convert to Periods from Days.
It’s Going to be Periods - Not Days
It is virtually impossible to guarantee that a penny can double automatically for 30 days or more in the real-world.
Therefore, DoublePenniesOnline LLC is converting the doubling of pennies into Periods instead of Days.
Why?
No one has come up with a solution to double pennies automatically daily, as well as guarantee it to happen, for 30 days. And we do not have the magic or mechanism that will allow the doubling of pennies to occur each day as well.
Each day of the 30 days has a certain number of pennies that must fulfill that day’s amount. When a Day is assigned, the doubling of the pennies must be completed within 24 hours. For example, Day 1 begins with $0.01 deposited within 24 hours and Day 2 doubles to $0.02 and is deposited within 24 hours, and so on and so forth. When the periods reaches the hundreds of thousands and millions, there must be a mechanism in place for it to double the pennies to the next day - and there isn’t one. . .
Therefore, for our purposes, Day 1 will now be Period 1, Day 2 will be Period 2, and so on and so forth.
What is a Period?
A Period, for our purpose, is taking the place of a Day, from the original idea, and will not be committed to a specific time for the number of double pennies to be deposited into its assigned Period. The total pennies to be doubled and deposited into its assigned Period will be dictated by the real-world - which is considered to be the open market that is controlled by supply and demand.
Based on the market’s participation, the assigned number of pennies per period could take seconds, minutes, hours, or continue on out to weeks, months, years, etc. However, our goal is to see that each period is done within a “reasonable amount of time.” So, what is considered to be reasonable? Well, we don’t know until we test our concept in the real-world! We are speculating that it would be sooner than later. Therefore, what will dictate when a period is going to be completed will simply depend on the market’s supply and demand to participate in this experiment.
DoublePenniesOnline LLC is an Economic Research and Development Services platform (NAICS 541720).
The Economic Development Services
The vision of DoublePenniesOnline LLC is to ultimately improve the financial and economic quality of life based on family values and the future of our children. The DoublePennies™ Theory is an important part of the research to determine if there is an alternative approach to improving the financial and economic quality of life through the doubling of pennies that could compound and grow exponentially to provide a positive impact on life.
We are offering an upcoming program called the Innovative Spending Program™ that would include benefits such as:
Housing
Interest-Free mortgages
Military and Veterans’ benefits
Retirement benefits
Consumer debt (paid-off)
Paid for Insurances (almost all types)
Automobiles
Consumer spending
Utilities
Vacations
Traveling
Education
Hobbies
and much more.
It’s main focus is to primarily support consumer spending, based on family values, while also financially supporting those businesses and organizations that are willing to support our vision to generate positive economic and financial activity and stability for families. Spending plays an important economic and financial role in our lives. And we do spend a lot of money over our lifetime - especially Americans.
HOW MUCH DOES THE AVERAGE AMERICAN SPENDS IN A LIFETIME?
Answer: $3.3 million (Nasdaq).
Spending plays a significant role in our lives and the average American spends a tremendous amount. But, perhaps a strong correlation of consumption can be the increase in credit card debt.
HOW MUCH CREDIT CARD DEBT IS OUTSTANDING?
Answer: Approximately $1.3 trillion (U.S. National Debt Clock).
The Innovative Spending Program™ will also be used for consumers to pay-off consumer debt and possibly provide interest free mortgages to improve the financial and economic quality of life of families.
4 MAJOR ECONOMIC AND FINANCIAL FACTORS
To improve your economic and financial quality of life based on family values, all individuals (except 60+ retirees) must participate in the four major factors below to qualify for the upcoming program called the Innovative Spending Program™.
Work / Volunteer Work
Education / Training
Spending
Saving 10%
The 4 major factors will allow you to:
Find your passion in life
Reach your human potential
Be productive
Be a contributor to the economy
Be a contributor to your community
Be a model citizen
Make it a better place to live now and for the future of our children
More information will be coming based on the results of the test. Stay tune!