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Apparently, imagines that any offer on the permission to private agents To issue money means the permission to release by all of them same Money
Counterfeiters>, instead of obviously distinguishable from each other different kinds of money,
Among which it would be possible to carry out a free choice.
Initial advantages of the governmental monopoly for release of money
Probably that in those days when the monetary economy slowly extended
On the remote regions and one of the main problems was to learn the big
Quantity of people to art of monetary calculations (and it was not too for a long time),
Uniform, easily distinguished money could help business considerably. Also it is possible
To assert that exclusive use of such uniform money strongly
Facilitated comparison of the prices, and, hence, promoted competition development
And the market. Besides, in a situation, when in authenticity of a metal coin
It was possible to be convinced only by difficult it process, for which
The usual person had no neither qualifications, nor the equipment, convincing
As guarantee of authenticity of a coin the brand of any conventional could serve
Authority, and that, outside of large shopping centres, could be
Only the government. But today these initial advantages, which
Could justify assignment by the government of the exclusive right to stamping
Metal coins, any more do not outweigh lacks of similar system. In it
Defects, characteristic for any monopoly are found out: it is necessary
To use a product even if it leaves much to be desired. First of all,
The exclusive system interferes with search of more perfect ways
Satisfactions of requirement as at a monopolist is not present to it any
If people have understood that for convenience to use in usual transactions
The one and only kind of money
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