UK Parliment Debates Money Creation

Posted: December 9, 2014 in Fractional Reserve Banking, Paper money
Tags: , , , , , ,

 

Ever wondered what it would be like if the issue of commercial banks creating money were to be discussed in the corridors of the highest power in the land? Well here you are…not a great turnout it seems.

If you want to appease the masses, listen to them. But not too much.

Positive Money have been campaigning to raise awareness of this issue with MPs across the country, here is a response I received from a local MP, with the Positive Money email question template included at the bottom. Visit the positive money site for full results of all the responses gathered to see how much our ‘leaders’ are aware of this long running debate.

MP Letter

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