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Have risen for 138 percent, in Switzerland - for 143 percent, and in the USA on 190

Percent. Though these indicators more low, than in Great Britain, they it is convincing

Testify to that independent central bank, in spite of that Milton Fridman in 1962 confirmed, is not the guarantor satisfactory Monetary circulation. What then it is possible and it is necessary to do?

The New Zealand government recognised recently importance of stimulus and has connected

The salary of heads of the central bank with their successes in maintenance Stability of the prices. Charles Gudhart (1991) insists in the job on Application of the same principle concerning Bank of England.

Whether it is necessary to try to achieve the object (inflation decrease) by use

Stimulus? Whether the purpose is enough important? And if it is important, that else it is possible to make? In

Hayek shows to the book with exclusive clearness, why inflation so

It is serious and dangerous. Certainly, inflation redistributes resources between

Borrowers and creditors. Certainly, it has a consequence an inefficiency,

Connected with destruction of the market of the capital. However the problems called by inflation,

More widely - they mention all economy as inflation complicates

Price level estimation in the future and interpretation of their changes in the present.

"If value of money is regulated in such a manner that corresponding average

The price level remains to constants... The future changes of the prices remain

Unpredictable that is inevitable in operating conditions of the market Economy, but the probability that in the long-term is thus high enough

To prospect of influence of these unpredictable changes on a life of people will be in

Hayek opposes such situation of inflation, when: "the separate enterprise

It appears it is incapable... To rely in the calculations and decisions on some

Average level, from which individual instability of prices from the equal Probability can deviate both in that, and in other party. Economic

Calculation on the basis of the effective account of the capital and costs in this situation

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Large Weather Icons Large Weather Icons depict different weather conditions that are common for software, weather Web sites, and mobile gadgets. The icons come in typical resolutions standard to Windows, Mac OS, and mobile platforms. The largest versions are huge 512x512 pixel icons with vector sources in Adobe Illustrator (.ai) format easily affordable and ready to be printed or used in presentations in highest quality.

Medical Icon Set Icons for medicine and chemistry: ambulance car, snake cup, pill, tablet, tooth, phial, syringe, test-tube, skull, bones, molecules and others.

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Science Icon Set Science Icon Set offers you all the graphics, that are needed to create a laboratory application or scientific Web project. This set includes mathematics, chemical and biology icons.

Software Toolbar Icons Software Toolbar Icons is a pack of top-notch handmade icons created by experienced artists for developers and webmasters. This icon collection represents a broad range of software-related subjects.