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Them will be mobile. If such principle finds a general recognition in leadersEconomically developed countries, it, possibly, will quickly extend everywhere,
Where people can choose the institutes. Undoubtedly, remain
Dictatorial enclaves where dictators will not wish to renounce the power over
Money - even after absence of the currency control becomes Distinctive sign of the civilised and fair country.
The chapter XXI. Influence on public finances and expenses
Good national money is impossible at the democratic government, Depending on groups with specific interests The governmental monetary monopoly and the governmental expenses The governmental money and imbalance of budgets The power of the governments over money promotes centralisation
The purposes of management of system of public finances and country maintenance
Satisfactory currency are absolutely various and, generally, Contradict each other. To assign both problems to the same department always Meant mess, and has led to catastrophic results last years. It was showed not only that money became the main reason Economic fluctuations, but also in uncontrollable growth of the state Expenses. If we wish to save functioning market economy (and from it Individual freedom), nothing can be more insistent, than
There is no necessity to state all consequences of fatal influence of financial "needs"
The governments on the offer of money. Business not only that all cases The sharpest inflation until recently were result of activity The governments covering financial "needs" by means of a press. Even during the periods of relative stability necessity to satisfy Financial "needs" of the governments, constantly arising before the central Banks, and daring them by maintenance of low interest rates, was
Source of constant difficulties: it prevented to provide to attempts of banks
It was corrected, usually with lateness, by means of the mechanism of the gold standard.
Good national money is impossible at the democratic government, Depending on groups - with specific interests Will not be the big exaggeration if I tell that central bank, Subject to the political control or simply serious political
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