Bern Central

M Monetary System (MMS)

If correct, MMS offers the hope of not merely a better mousetrap, but a reinvention of the wheel. It is very extensive, but reduced to a few sentences, it envisions capitalism as being made more efficient, conscionable, and thus altruistic, and doing so without abandoning market forces or dictating market conditions, but by recognizing that all choices are not equally good, and to reward governments [who in return internally carrot/stick incentivize their internal actors] to make better choices. By doing this there is finally a recognition of the true value of money, which previously has been a wrong emphasis on quantitative concentration (how much there is, where it is, and how has it) when instead it is factually qualitative application (the net of how well it is used). To do this, the international monetary system would change into a common standard [envisioned as a structure realized as a common international device to measure my formula, which generates different results in each member country]. Hence MMS is realized by a separate international dollar for each country [not one for all, only a standard of one for all], with each country having a separate domestic dollar, with the rate of domestic dollars to that country’s own international dollar controlled by that nation.

There is much, much much more. For all it will do, which it is hoped and at this preliminary stage projects to be nothing less than a “reinvention of the wheel” level achievement, author bernmeister will seek significant compensation from society for his invention.  Once academic validation is established, this would then be a requested 10% of net worth of all billionaires, 5% of all millionaires, which ask will be coordinated separately. Everyone else will also be asked to chip in,  commensurate with their means. In this way, the wealthiest will be asked to pay the most. That part of the public at large who are financially burdened, may have a free copy of PDF by download either or both of a snapshot overview, or an extensive 28 page primer. In advance of academic validation being established, such supplemental payments are requested as a free will offering in a bundle for essential MMS digital media.

Essential MMS digital media is the snap shot and the 28-page primer, which if sold separately would be $5.00 and $30.00, respectively.  As a bundle, the price is reduced to $30.00 (plus aforesaid free will offering as applicable).

In addition, non essential MMS digital media is available for sale separately (not in a bundle) as a bulleted synopsis. This provides a good chunk of basic information for introduction to MMS, though it lacks the extensive details found only in the primer (which also addresses multiple “what if?” scenarios).

They say a picture is worth a thousand words. To help facilitate an understanding of MMS, a few PDFs – most with some illustration – are available free of charge.

For all of these items, follow the menu structure (ACADEMIC BERNMEISTER > M MONETARY SYSTEM) where you will find Essential Digital Media > The Bulleted Synopsis and MMS Illustrated. However, these are topics which are provided FYI for the reader. To actually make a purchase, go to the far right area of the menu bar (Where/How To Buy Bern IP) then follow “All Digital Sales” to “Academic” to “Buy MMS” and choose from buy Snapshot/Primer or buy Other MMS.

If anyone in the public wishes to support this important work, they may effectively purchase a paid download or underwrite by contribution downloads for others. See Sponsor Underwrite (under Misc. of Note) at the top menu bar.

bernmeister’s Views on Affordable Housing [Channeled Regulation (CR)]

Goods and services are equatable to a monetary value, a value which may vary over time. However, various approaches permit an economist to be able to determine differing values at different times. One common example in pop culture is ‘what would Babe Ruth get paid today if his 1927 salary of $60,000 were in current dollars?’. (This is referred to as the time value of money.) Utilizing a cost plus market based approach recognizing the need to apply the time value of money to the construction aspect of building affordable housing – with a more urgent purpose than has been historically – bernmeister offers a concept he calls channeled regulation.

bernmeister on Improving Sports Economics in Society

The premise here is that there are different types of economic activity. While most activity does have some sort of overlapping interrelationship, some activities are more of one type than another. Sports including particuarly the four major team sports of (in alphabetical order) baseball, basketball, football, and hockey do generate additional activity but should be viewed principally as consumption. [This is as opposed to a chunk of money being applied alternatively as capital to underwrite manufacture of widgets.] Ideally, an economy functions better when a healthy level of money is being used as capital to generate physical goods and related supporting services, as opposed to an over-emphasis on consumption.  Of course, no one is suggesting that sports be scrapped for the sake of more production capital.

However, we need a new dynamic which will allow the originating manufacturers of sports content (the players) to be more directly accountable to and coordinating with the ultimate consumers (the fans).  At present, fans are paying too much, owners and their leagues contribute very little, and players are largely detached from this dynamic, which is a reality. Just one example, is the restrictions on viewing a particular team via cable or streaming. While discounted packages offering product at wholesale should be encouraged, fans (consumers) who are often supporting teams and players through tax payments or other contributions, should have the option to view a favorite team a la carte at reasonable viewing rates. As you might expect, bern has again employed some outside-the-box thinking which he hopes and expects will start and ultimately deliver some basis for an ongoing solution to this issue.