According to
gold, the money is gold money or non-gold money.
Gold money
has a full economic value. They have no qualities for sustainable use.
Non-golden
money jointly performs 1. beneficial influence and 2. (due to lack of full
economic value) ensure the occurrence of damages.
Now the
Central Bank has introduced a non-golden currency. Like the sun, the Central
Bank has a beneficial and harmful influence. The central point is that the
Central Bank ensures damage.
The options
for counteraction against the Central Bank are:
1)
Counteraction without protection against the Central Bank.
2)
Counteraction with protection against the Central Bank.
In the
world, "Counteraction without protection against the Central Bank"
has an age-old tradition. Existing state practice is a fateful failure because
there is no opportunity to successfully deal with damage from non-golden money.
The
government ensures public order and national security. People often blame the
Council of Ministers for damages.
The
important thing is, is it right to criticize ministers for damages that are a
consequence of the Central Bank's activities?
Without
protection against the Central Bank, the government has no potential to
counteract the occurrence of damages. Today ministers are struck by an enemy.
The treacherous evil is the lack of protection against the Central Bank.
Without
protection against the Central Bank:
- unlimited
damage and crisis occur. In a country, economic collapse is slowing down, as
its central bank has lowered its basic interest rate. This approach has little
effect and future high damage;
- the
government is in a real trap. Ministers have the fate of victims. Now the more
the ministers are working for economic growth, the more damage occurs;
- is the
most secure condition for the prime minister's failure.
In the case
of non-golden money, the practice of no protection against the Central Bank is
a delusion of allegiance. Some people promote the utopia "It's always free
of protection against the Central Bank." Under their influence, the
government ignores the truth that the Central Bank ensures damage.
State error
"Without protection against the Central Bank" is causing suffering to
everyone. It is necessary to overcome the enemy. Sustainable development is
achievable with protection against the Central Bank.
Ivan Mitev -
economist
P.S. The
translation from Bulgarian into English is done through Google.
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