Submitted on Sunday 20th November 2011
Published on Monday 21st November 2011
Current status: Closed
Closed: Wednesday 21st November 2012
Signatures: 122
Abolition of credit creation by private banks
To remove the power of credit creation from private banks and place it in the hands of either the Treasury or the Crown so that all credit for public spending shall be issued debt-free, and if necessary for Britain to withdraw from the Treaty of Maastricht with particular reference to Article 104(1) and its prohibition of debt-free government credit creation.
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