Emission, issue into circulation of money and securities. Under capitalism, the emission of money is effected by state emission banks, while securities (stock [shares] and bonds) can be issued by monopoly amalgamations. Emission is used by the dominating classes for their enrichment and for intensifying the exploitation of the working people. Today the imperialist powers extensively use the emission of money for covering budget deficits caused by the unrestrained arms race and their aggressive policies. This leads to a rapid growth of the amount of paper money in circulation and to a drop in their purchasing power, higher prices for consumer goods and a decline in the working people’s living standard in capitalist society. The disruption of monetary circulation caused by the excessive emission of paper money and its devaluation is a feature of capitalism’s instability and the decay of the capitalist economy in the period of the general crisis of capitalism. Emission in capitalist countries is an important means of concentrating money in the hands of jointstock companies; it reaches gigantic dimensions in the period of imperialism. Under socialism, the amount of money in circulation is regulated in a planned manner. The amount of the emission for every time span is set by the government. In the USSR, the emission of money and regulation of money circulation is one of the important functions of the State Bank, whose activity is organically fused with the country’s economic plans and is subordinated to the tasks of economic development. The State Bank issues paper money in accordance with the real requirements of the economic turnover in cash, determined in a planned way. In the USSR, the emission of securities is limited to the emission of bonds, which are used to attract the population’s monetary resources in order to assist the country’s economic development.