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Negative consequences.

It is artificial underestimating the credit rate for stimulation of economic growth,

The monetary authorities form unreasonable optimism in the enterprise environment.

As a result investment projects, for end start to be carried out

Which in the future there will be no resources. As soon as discrepancy it and

Cash resources becomes obvious, there is a mass clarification of the market from

The erroneous projects, accompanied by manufacture curling. Occurs The economic crisis generated not by the market, and state regulation.

"Games" with a credit policy which conducted the central banks in the XX-th century

Almost all countries, became a constant source of economic misinformation,

Artificial fluctuations of business activity.

Its problem consists in providing a society with such money, which

Would hand over the correct price information in transactions - and not only flowing,

But also for term. Attempts of the decision of a problem Before stopping on Hayek's offer on denationalisation of money as

Means of achievement of their neutrality, we will concern attempts of the decision of a problem

Restrictions of a monetary arbitrariness. "Independent central bank" - the name of the most widespread on

Today of the scheme of the organisation of credit-and-monetary system. In an ideal

Transfer of a management by a monetary policy of the country to hands is provided

Small group of professionals - heads of central bank,

The group interests protected from influences and observing interests of the country and it

Economy. The independent central bank is successful when occupies the defined Position in a society. The professional etiquette of its heads should do

Their dependent on estimations of experts recognised as them on monetary system,

Among which there should be a certain unanimity of that is possible To consider as a competent monetary policy. The public opinion also should

To appreciate the central bank and to protect its freedom from political pressure.

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Free 3D Social Icons Free 3D Social Icons is a free icon collection well-suited for Web pages and software projects associated with all types of social networks. The pack contains images for various communication technologies and web-sites.

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12x12 Free Toolbar Icons 12x12 Free Toolbar Icons pack has everything that are necessery for your web site or application toolbar.