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What Has Government Done to Our Money : Do we necessarily need the Central Bank?
Jandová, Daniela ; Antoš, Ondřej (advisor) ; Štěpánek, Pavel (referee)
Based on inspiration of F. A. Hayek's book "Denationalisation of Money" and a book "What Has Government Done to Our Money" written by Murray N. Rothbard, this work wants to show how can a market with several currencies work. These authors from Austrian school introduce little controversial and for many people unimaginable theme to have banking system without the key role of Central Bank. This also closely related with Hayek's reason of business cycle, which he find in continuous interference with monetary reserves. The work controverts a topic, if it is not just the central banks and a system, which allows fiducially issue money, which caused the actual crises. The point, if a monetary policy of central banks has only caused fluctuations of economy, is still actually. This baccalaurean work deals with questions like: How did the Government interfere with sphere of money? Should we leave the Gold Standard? Would a competition between banks issuing their own currencies work? and many other.

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