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Distinctions in quality and a place of storage of the corresponding goods. Here followsTo remember that from the point of view of the purposes of the given plan inclusion in structure of the monetary
Units of the most important version of any goods would render almost
The same influence on the prices of its nearest substitutes as though they were
There are included.
Nevertheless even in so short review it is necessary to mention two private moments.
First, the important line of this plan consists that the monetary authorities
Will be authorised to accept under strictly stipulated circumstances instead of
Warrants on the stored goods contracts on forward delivery of any goods
(Or to replace with their such contracts). It decides difficulties, which differently
Would arise because of time shortage of any goods included in structure Monetary unit, also gives the chance to use reserves for the relative Price stabilisations even on the individual goods. It could be reached, to
To example, by replacement of the given goods with "futures" always, when the price
It would be lifted more than for the established percent in relation to "future"
To the price.
Secondly, in the presence of desire to save value of gold or to prevent Its too fast fall, would be easy to connect it with the offered The commodity scheme so that, despite lacking the serious
Influences of gold on a value of money, value of the gold it would be stabilised
Simultaneously with a value of money. Whether it is desirable, considering
Interest of the whole countries in maintenance of value of gold, and whether it is necessary
To try to support indefinitely a gold mining at its present level or Is better to go on gradual, but predicted reduction directed on it
Extraction of resources, - there is a problem political, which not a place here
To consider. Really the important point consists that is much
Methods to connect at desire gold with the new scheme, without undermining thus it
Advantages.
Possibly, it is possible to tell with confidence that all reasonable arguments in advantage
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