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Currencies. It is especially favourable, when the country has great volume of the commercial

Operations with a zone of parent currency.

Now following offers on restriction of the monetary are discussed An arbitrariness.

The constitutional restriction of growth of monetary weight. Milton Fridman in the past

Suggested to make to the American constitution the amendment limiting growth

Monetary weight of 5 % a year
Requirements for money, makes usually about 3 %>.

The monetary policy with such restriction certainly is better, than without it. However

Political and legal weakness of the offer of M.Fridmana - in it it is excessive

Technical character, too technical to become constitutional. With

The point of view of the economic theory the offer does not solve the main problem -

Definitions by the market it volume of an active money. Limiting "The state noise", it does not eliminate it; guaranteeing low level Inflations, does not provide qualitative money. Besides efficiency

Restrictions depends on a way of the statistical account, which itself always

Is a subject of political manipulations. The gold standard. One more radical theoretical offer consists in Return to before operating gold standard. Thereby completely A fatal arbitrariness of a state monetary policy is liquidated, The state noise, disturbing economy coordination. The state, however, is free to reconsider at any moment own

The decision, having changed gold parity of currency or having cancelled it at all.

The theoretical objection to use of the gold standard consists and in that, That dynamics of the offer of the gold, defined by its extraction, can not To correspond to dynamics of requirement of economy in the money, defined it Growth. Hayek's offer. In the given book Hayek offers cardinally new way Achievements of monetary stability - the system based on a competition Parallel private currencies.

Its ideological basis is simple... It is necessary to consider Currency usual commercial

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Medical Icons for Vista Medical Icons for Vista has been created to avoid any misconceptions appearing while viewing a medical webpage or operating a medical program. The icons are provided in numerous sizes and formats.

Standard Admin Icons Developing a software for system administrators, making a network application or making a Web-based log file analyzer? Enhance any software with a set of Standard Admin Icons from Aha-Soft!

Large Weather Icons Large Weather Icons represent different weather conditions that are common for software, weather portals, and mobile gadgets. The icons are supplied in typical sizes standard to Windows, Mac OS, and other systems. The largest versions are huge 512x512 pixel images with vector sources in Adobe Illustrator (.ai) format easily affordable and ready to be printed or used in presentations in highest resolution.

Business Icon Set Business Icon Set is a collection of top- quality stock icons for use in software and on websites. They are provided in a variety of formats, sizes and color schemes.

Business Icons for Vista Business Icons for Vista is a stock design solution, which is well suited for a variety of financial websites and programs. This collection contains all typical sizes in 256 and 32-bit color.