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What Has Happened with Georgian Lari?
BY
Gia Jandieri / March 31, 2015
I don\'t believe that we need central banking, monetary policy or our national monetary unit. Without this, we can\'t avoid two essential problems – politicization of the monetary politics and also its competitiveness. But by saying this I do not wish to imply that in this particular case of devaluation of the lari the central banking system was the major problem. Quite the opposite.