demonopolization money by Guido Huelsmanna
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Demonopolisation money by Guido Huelsmana, based on which the article appeared on page www.mises.pl
Guido Huelsman, in contrast to Hayk relates to matters of money and demonopolization overthrow the monopoly on money, more thoughtful, and his proposals are more realistic shape than those Haykowskich.
But what he writes, because of his legitimate reflections on the history of money and the ratings will not be posted, and write a little about the project of liberal reform of the monetary union.
Already at the beginning of the project, it is noted that the basis of such a liberal monetary reform is to be complete privatization of production, operating on free market principles in a free society, that is, saying in one sentence, the production of money had to be excluded from the concession system, and could do it would practically everyone, just as they did Two thousand years ago Krakow, beating their coin-Tumbie in Mogila, near Dębnicki market, and under Tyniec. The only limiting
would respect property rights.
Another important criterion for him is to respect private property, and not just about the reliability required in the manufacture of money but also about the demand for not burdening the taxpayers' money at the expense of placing on the market, the payment of various committees and so on. The third postulate
G. Huelsmana first instinct is to call for and act in accordance with the accepted view, rightly, not waiting for other countries, communities and the legal community, but this reform at home, on a first come first served, so if you first return to sound money Belarusians, Lithuanians, or by making a real money alluding to the Great Xsięstwa Lithuania, they will then the big beneficiaries of that use on the reform of its financial and collect huge profits.
Guido Huelsman also lists the principles for such reform, and is intended to prevent so-łamaniom property rights, to prevent violations of such rights in the future-is to be implemented immediately, and -Unilaterally and unconditionally.
Now I will tell a little about the activities of this reform, the most important thing for him is the abolition of the monopoly regime, and a system for licensing the rights for the extraction of precious metals and coin processing, to free choice of names and weighing system and units, the shape and so on . Free sale and exchange, which is simply marketing them.
Conversely, you can not force anyone to pay in any currency, he continues.
Were they to him by those who will lose from this reform?
course, - these would have passed you the most attached to the state paper money.
the most controversial idea Huelsmanna project is the central bank to return property to citizens, using the right bliższości here and priority, and therefore the re-privatization benefited by those who would be the closest bank officials and those who would be closest to the transforming of information.
But enough about the project Huelsmana very briefly, and its similarities and differences of views on this subject Hayk.
I would also like to mention that the idea of \u200b\u200ba return to sound money is no longer just a few eccentrics, such as students the famous Ludwig von Mises lwowianina and Polish cultural traditionalists, but it is becoming more widespread, it also seems to be satisfied, inter alia, Freedman.
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