Resultado da Busca
Hayek advocates a system of private currency in which financial institutions create currencies that compete for acceptance. Stability in value is presumed to be the decisive factor for acceptance. Hayek makes the assumption that competition will favor currencies with the greatest stability in value since a devalued currency hurts ...
- Friedrich Hayek
- 1976
In this groundbreaking work, first published in 1976, Friedrich von Hayek argues that the government monopoly of money must be abolished to stop recurring bouts of inflation and deflation.
Those who advocate the depoliticization of monetary policy through central bank independence, and the more radical denationalization of currencies through dollarization and monetary union, aim to bring that history to an end and quarantine money from the control of governments, permanently.
13 de ago. de 2021 · The resulting conversations in academia, the economic policy community, and the broader public are important to sharpening our collective thinking. Last Update: August 13, 2021. The Federal Reserve Board of Governors in Washington DC.
The government monopoly of money must be abolished to stop the recurring bouts of acute inflation and deflation that have become accentuated during the last 60 years.
In this groundbreaking work, first published in 1976, Friedrich von Hayek argues that the government monopoly of money must be abolished to stop recurring bouts of inflation and deflation.
5 de jan. de 2013 · Hayek's advocacy of the “denationalization of money” - in both its limited and more radical approach - has attracted considerable attention in academic circles. Among policymakers, his proposal to allow co-circulation of currencies has also generated substantial interest, especially among those concerned with countries in the ...
