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Treasury to print debt free money

Submitted on Tuesday 15th January 2013

Published on Tuesday 15th January 2013

Current status: Closed

Closed: Wednesday 15th January 2014

Signatures: 7

Tagged with

Economy ~ Money

Petition Action

Treasury to print debt free money

Additional Information

As the National Debt is owed by the Government, not the people, why doesn't the government cease borrowing from private banks, issuing promisory notes with debt attached to them and print its own DEBT free notes based on the commonwealth of the nation. The debt would be paid off and the economy recover in leaps and bounds, as Iceland have proved.


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