Submitted on Saturday 8th October 2011
Published on Wednesday 19th October 2011
Current status: Closed
Closed: Friday 19th October 2012
Signatures: 2
Reinstate the coverage of the cyrrency with gold reserve
Since £ became a fiat currency it became possible and recently has been overused manipulating the currency' value.
The Bank of England prints £££ as response to current crisis.
It lowers the value of currency, boost-up inflation, destabilise the economy, market.
The only way to stop manipulation of currency' value and restoring self-curing economy is by requirement to cover the bank notes in use with the gold reserves.
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3.138.174.120 Mon, 18 Nov 2024 00:35:39 +0000
