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Current of an economic life - possibility by which public is deprived because of
The governmental monopoly. But to people never gave possibilities to find out
This advantage. The governments have been strongly interested at all times
To convince public that the right to a currency issue belongs exclusively
It. And while in practice it meant stamping gold, silver and copper
Coins, it did not play such important role, as today when we know that
Exists so many kinds of money, and it is far not only paper, in circulation with
With which the governments are even less competent, and with which they are inclined
To abuse in even it degrees, than a metallic currency.
The chapter III. An origin of the governmental prerogative on release of money
The governmental certification of weight and cleanliness of metal
Occurrence of paper money
Political and technical possibilities of the control over paper money
The monopoly for money has strengthened power of the governments
Within more 2000 the governmental prerogative, or exclusive
The right to maintenance of a society with money meant in practice only
Monopoly for coin stamping - gold, silver or copper. In
Current of this period such prerogative has started to be accepted unconditionally, as
The essential attribute of the sovereignty shrouded in a cover of secret, with which usually
The sacred power of governors communicated. Perhaps, this representation
There was even before the sixth century to X., when it tsar Krez
Has rapped out the first coins, - still in those days when has been got to put
Brands it is simple on metal ingots to certify metal test.
Anyway, at the Roman emperors a prerogative of the governor on stamping
Coins has been fixed .
When at the beginning of New time Jean Boden has developed the sovereignty concept, it
Considered the right to stamping of coins as one of the most important and essential it
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