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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, http://www.financialreform.info/

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.

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