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For government to encourage full reserve banking.

Submitted on Monday 30th January 2012

Published on Tuesday 31st January 2012

Current status: Closed

Closed: Thursday 31st January 2013

Signatures: 7

Tagged with

Britain ~ Economy

Petition Action

For government to encourage full reserve banking.

Additional Information

We call on the government to prioritise and encourage the creation of full reserve banking as an option to the current system of fractional reserve banking. We believe that this will help Britain's economy to become safer for savers, as well remove any requirement for the government continue with deposit guarantees; a system that continues to socialise the losses of banking failure and requires that taxpayers continue to insure against the risks taken by the private bank's, thus continuing to subsidise them.


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