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Besides, to please to idea of uniform Russian currency it has been carried out
Equating until then various non-cash and cash roubles. Force of the arisen
Financial storm it is possible to imagine already because a course of cash to
To non-cash roubles at the moment of reform made approximately 2:1. Result
Artificial association of cash and non-cash money became, as well as followed
To expect, sharp deficiency of a cash and its administrative distribution, then
And, despite such grandiose efforts and a victim, in Russia all the same remains
Multicurrency system value of barter and administrative exchanges sharply
Has decreased, but are much more widely used the American dollar, German
The stamp in the west of Russia and the Japanese yen in its east.
Currency reform in Russia
Much more natural to Russia would become offered by Hayek
Denationalisation of money: transition to the free reference of the parallel
Competing currencies. Reform could switch on following actions.
1. A recognition of legal equality of all currencies already used in Russia,
Including foreign that means in practice legalisation already existing
Business practice. (We will notice that Argentina has carried out recently this measure, and
Referring to the Hajekovsky theory.)
2. A decontrol of bank activity. The permission to free issue
Money under own trade mark the local and foreign commercial
Banks. Deprivation of the Central Bank of Russia supervising functions in monetary circulation.
3. Reorganisation of the Central Bank of Russia in the issue commercial bank belonging
To the state. Rouble denationalisation - its transformation into private currency of it
Bank. And, at last, privatisation of the former Central Bank of Russia.
Money and Freedom
Leaving 70-year-old communistic tyranny, we became especially sensitive
To imposed to us the state it. To us the quantity is not indifferent
Restrictions to which the state subjects us in our life and activity.
We consider unnatural state attempts to force us to use
The weak currency to supervise our bills, to subject to the any
To the taxation. We have also some kind of disgust for attempts
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