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Private competing currencies. Possibly, it was influenced by the ideas connected

With its management of the dissertation Smith. Lawrence Uajta's books (Lawrence

White, 1984) and George Seldzhina (George Selgin, 1988) contain the review of history and

Theories of free bank activity. In them it is offered to resolve to banks Along with placing of deposits to be engaged and issue of banknotes, which, Possibly, would be denominated and would exchange either on gold, or on Units of the governmental monetary base which size would be It is frozen. The seventeenth annual conference of Institute Katona (Cato Institute), passing in Washington in February, 1989, was almost completely

It is devoted questions of radical currency reform with orientation to the private

Bank activity. In the collection of materials of the previous conferences (Dorn and

Schwartz, 1987) to discussion of similar questions the big place is taken away.

For Robert Grinfilda (Robert Greenfield) and for me it is represented Promising idea about discharge of the government from a currency issue or Realisation of any special control over monetary and bank system. Instead of the existing monetary unit blamed today, in which quality The dollar banknotes declared by the government to the lawful payment act Means though and not exchanged for gold, the government can establish New it unit used at the quotation of the prices, a writing of contracts, Carrying out of calculations, etc. The government would support new unit, Using it in own operations. This unit can be provided Certain quantity of gold. However because of probable instability Gold costs, the monetary unit provided with some extensive basket The goods and services, would possess steadier purchasing capacity.

In case of discharge of the government from a currency issue, banks freely let out

Banknotes also placed the deposits denominated in this new unit. Having faced a competition, each bank would be compelled to support

The real goods and the services serving by maintenance of monetary unit, and

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Large Weather Icons Large Weather Icons depict a number of weather conditions that are common for software, weather Web sites, and mobile gadgets. The images arprovided in typical sizes standard to Windows, Mac OS, and other systems. The biggest versions are huge 512x512 pixel images with vector sources in Adobe Illustrator (.ai) format easily available and ready to be printed or used in presentations in highest resolution.

Vista Toolbar Icons Vista Toolbar Icons will give a new twist to your GUI replacing the standard icons with top grade royalty-free icons in Vista style. The icons have bright colors and smooth edges.

Free Business Desktop Icons Free Business Desktop Icons is a collection of 10 stock icons to be used in commercial and personal products, including software applications, websites, blogs, and desktops. The graphics are free for personal, frequent and commercial use.

Transport Icon Set Transport Icon Set. A collection of colorful and distinctive icons depicting all transport types for the transport and tourist industries.

Business Icons for Vista Business Icons for Vista is a ready-made graphic solution, which is perfectly suited for a variety of financial websites and programs. This pack contains all standard sizes in 256 and 32-bit color.