This was different from the basic principle of ‘cost-free banking’, which he considered legitimate only assuming that business banks will have to redeem in specie the notes they have issued when it comes to a single national currency. Rather, Hayek more radically instructed to abolish the national monopoly of lawful https://digibookmarks.com/story17037258/new-step-by-step-map-for-budgeting-strategies-for-saving-money