Add Your Idea

debt-free money for public works

Comment 15th March 2013

Instead of borrowing money at interest from the banks, which they create – ie manufacture ex nihilo – and then paying interest on it, the government should create all its own credit for public works and spend it into circulation both debt-free and interest free.

For further information see the Economic Research Council's GOVERNMENT DEBT AND CREDIT CREATION,

Forum for Stable Currencies, Christian Council for Monetary Justice  and related websites.

Why does this matter?

It would save billions of pounds and revitalise the economy.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Highlighted posts

Comment on this idea

Good idea? Bad idea? Let us know your thoughts.

Back to top
Add Your Idea