Saturday 13 May 2017

Scientific Works In The Theories Of Money And Credit

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Scientific works in the theories of money and credit, according to the requirement of the research object, are characterized to be many-sided and many-leveled.

The meaning of entirety of the economical relations formed in the procedure of formation, sharing and usage of funds, as money sources is widely spread. For example, in "the all-purpose theory of finances" there are two definitions of finances:

1) "Finances reproduce inexpensive relations, configuration of the money of money sources, in the procedure of distribution and redeployment of nationwide receipts according to the allocation and usage". This description is given relatively to the circumstances of Capitalism, when cash-commodity relations increase worldwide character;

2) "Finances stand for the configuration of centralized ad decentralized currency sources, inexpensive relations comparatively with the distribution and usage, which serve for fulfillment of the state functions and obligation and also stipulation of the circumstances of the widened further manufacture". This meaning is brought devoid of showing the surroundings of its action. We share partly such description of finances and think measure to make some specification.

First, funds overcome the boundaries of distribution and redistribution service of the national income, though it is a basic foundation of finances. Also, formation and usage of the depreciation fund which is the part of monetary domain, belongs not to the sharing and redeployment of the national income (of newly formed value during a year), but to the distribution of already developed value.

This latest first appear to be a part of value of main manufacturing money, later it is moved to the cost price of a prepared product (that is to the value too) and after its understanding, and it is set the despair fund. Its source is taken into account before hand as a depression kind in the consistence of the ready goods cost price.

Second, main goal of funds is much wider then "fulfillment of the state functions and obligations and provision of circumstances for the widened further production". Finances exist on the state level and also on the manufacture and twigs level too, and in such circumstances, when the most part of the manufacture are not state.