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Create a Standard of Value for the Monetary system

Submitted on Tuesday 14th May 2013

Published on Wednesday 15th May 2013

Current status: Closed

Closed: Thursday 15th August 2013

Signatures: 1

Tagged with

Economy ~ England ~ Money ~ UK

Petition Action

Create a Standard of Value for the Monetary system

Additional Information

The gold standard restricted money supply and served as a stabilising influence. We want the UK government to create a monetary system where banknotes represent value of physical precious metal assets held by the Bank of England - Gold, Silver and Copper, and coinage made from those metals.
The different values of these three metals will mean a greater spread of denomination allowing easier exchange and trade than if the gold standard alone was used.

If enough people sign this petition this will lead to debate and awareness of what the best system is to help stabilise the economy.

We need to achieve 100,000 signatures in time for 4 September 2013 to coincide with USA goldstandard2013.org petition


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