Who creates money? The case for monetary reform. Public meeting
Mike Brady | 26.02.2005 07:45 | Globalisation
Nearly all money is created by private banks as interest-bearing loans. The result: banks make a profit instead of the public services benefitting and an unsustainable spiral of economic growth is required to keep the system solvent. The solution: governments create money for the public good.
SIMPOL-UK
The national branch of the International Simultaneous Policy Organisation is organising a Policy Forum, open to all, on
Who creates money? The case for monetary reform.
6 - 8 pm on Wednesday 2 March 2005
in Committee Room 19, House of Commons
With James Robertson and John Bunzl, authors of Monetary Reform: Making it Happen!;
Tarek El Diwany (author of The Problem with Interest);
Peter Challen (of the Christian Council for Monetary Justice);
and Donald Martin (in the Chair)
Summary briefing: The lack of political will to end the abuse of money as a public resource for private profit deprives the British government of over £20 billion/year of funds potentially usable for welfare and other socially beneficial purposes. Publicising the destructively exploitative nature of our current monetary system, and offering a viable alternative associated with an innovative strategy that empowers voters and reforming politicians to collaborate across frontiers, could oblige governments through electoral pressure to cooperate globally in enacting overdue reforms.
Access: Committee Room 19 in the House of Commons, booked in the name of Norman Baker, MP, is reached through St Stephen's public entrance. Early arrival is recommended for security clearance.
Background information on the International Simultaneous Policy Organisation (ISPO) is obtainable from the global website
http://www.simpol.org/ ; on Simpol-UK from http://www.simpol.org.uk
For a free download of the book by Robertson and Bunzl go to: http://www.jamesrobertson.com/book/monetaryreform.pdf.
The national branch of the International Simultaneous Policy Organisation is organising a Policy Forum, open to all, on
Who creates money? The case for monetary reform.
6 - 8 pm on Wednesday 2 March 2005
in Committee Room 19, House of Commons
With James Robertson and John Bunzl, authors of Monetary Reform: Making it Happen!;
Tarek El Diwany (author of The Problem with Interest);
Peter Challen (of the Christian Council for Monetary Justice);
and Donald Martin (in the Chair)
Summary briefing: The lack of political will to end the abuse of money as a public resource for private profit deprives the British government of over £20 billion/year of funds potentially usable for welfare and other socially beneficial purposes. Publicising the destructively exploitative nature of our current monetary system, and offering a viable alternative associated with an innovative strategy that empowers voters and reforming politicians to collaborate across frontiers, could oblige governments through electoral pressure to cooperate globally in enacting overdue reforms.
Access: Committee Room 19 in the House of Commons, booked in the name of Norman Baker, MP, is reached through St Stephen's public entrance. Early arrival is recommended for security clearance.
Background information on the International Simultaneous Policy Organisation (ISPO) is obtainable from the global website
http://www.simpol.org/ ; on Simpol-UK from http://www.simpol.org.uk For a free download of the book by Robertson and Bunzl go to:
http://www.jamesrobertson.com/book/monetaryreform.pdf.
Mike Brady
e-mail:
mikebrady@simpol.org.uk
Homepage:
http://www.simpol.org.uk
