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Abolition of credit creation by private banks

Submitted on Sunday 20th November 2011

Published on Monday 21st November 2011

Current status: Closed

Closed: Wednesday 21st November 2012

Signatures: 122

Tagged with

Britain ~ the crown

Petition Action

Abolition of credit creation by private banks

Additional Information

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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