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To pressure, is absolutely incapable to regulate quantity of money so that it
Favoured to accurate job of a market mechanism. Good money, as well as
Good laws, should operate how decisions will affect
The emitter on any groups or separate persons. The benevolent dictator
Could ignore meaningly their interests, but any democratic
The government depending on set of groups with specific interests, on
It is absolutely not capable. Control use over the offer of money in
Quality of the tool for achievement of specific goals destroys the balancing
The action of the price mechanism necessary for realisation continuous
Process of the adaptation of the market, at which chances of individuals that them
Expectations will come true, appear are rather high.
The governmental monetary monopoly and the governmental expenses
About harm which is caused by the monetary policy directed by the financial
Reasons, it is told already enough. Now we should consider
Return influence of the power over the offer of money for the financial policy. Similarly
To how absence of a competition has protected the monopolistically supplier of money
From salutary discipline of the market, the power over money has released the governments
From necessity to co-ordinate expenses with incomes. Basically on this
Socialist sense. Really, if economists speak to ministers
The finance that deficiency creation is worthy business, and that additional
The governmental expenses do not stand to the people of anything, so far as in economy
There are free resources, all effective barriers on a way of fast growth
The State expenditure appear broken.
Hardly it is possible to doubt that amazing growth of the state
Expenses last 30 years, when the governments of some western countries
Began to demand on the purposes to half of national income, and sometimes and
More, became possible thanks to the control of monetary issue from outside
The governments. On the one hand, inflation constantly dragged people with the given
Level of real incomes in a category with much higher rates
The taxation, than they could expect, when approved such tax
Scale so tax revenues in the governmental treasury grew much more
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