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Movements in an opposite direction. Also that is even more important - movement to
"The ideal" situation could appear aimless, as any of
Possible values of the size of monetary weight at all would not be true in
Ultimate authority. That really matters, so it is fluctuations
Total volume of money, and everything for what the theory of Gajera called, was reduced to
To the requirement not to suppose the further growth of this volume. Thus,
Economic system, once having reached an equilibrium state with existing in
The given moment in volume of monetary weight, further should not again and
Again to adapt to a varying situation.
Extending the reasonings to one only banknotes and their influence on
The cumulative monetary weight, Gajer and Telkampf was ignored also by complexities,
Arising at introduction in the analysis of contributions poste restante and consequences
Changes of speed of their reference.
Let's consider as initial a situation when there is a quantity
Contributions poste restante and all or, at least, any part from them,
Are not contributions of the corresponding sums of cash, and repeatedly
The deposited loans which earlier given out by banks and also have been not provided
Gold for all hundred percent. Such contributions change volume effectively
The circulating monetary weight at the expense of changes in speed of the reference
(Expressed among the checks which have been written out for an interval of time).
Thus, the problem of deduction of the size of monetary weight at one level can
From time to time unequivocally to demand increase in quantity being in
The reference of money in the form of banknotes. So can happen, for example, in a case, when
Decrease in depositary activity (increase in average duration in time,
During which deposits remain not claimed) demands from banks,
Wishing to support volume of effective monetary weight at former level,
Deliveries of new loans, and new borrowers prefer banknotes to deposits to
Claimings. As soon as means are deposited in bank, from an economic point
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