Petition to bring back the Bradbury Pound

On the 7th August 1914, in order to avoid a run on the banks, the Treasury issued Treasury Notes signed by John Bradbury - a form of national credit backed only by the credit of the nation.

You do realise our currency isn't backed by gold any more... and that recently the bank of England quite literally has been conjuring up money out of think air in order to buy gilts...

What exactly are you proposing?
 
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It worked in America with the Greenback dollar, why wouldn't it work over here?

The ultimate aim is to reduce the amount of interest paid on the money loaned into circulation by the banks.

Do people on here support the banks and their vast wealth? I mean, seriously?
 
Do people on here support the banks and their vast wealth? I mean, seriously?

Oh sorry I wasn't aware if I didn't support this then I was automatically an advocate for corporate greed and success. Silly me now I see you are totally correct and a crazy concept at best partially proved to be useful in another country 150 years ago during a civil war that was unstable, abused by financial institutions and quickly removed upon cessation of war is totally a good idea.
 
The ultimate aim is to reduce the amount of interest paid on the money loaned into circulation by the banks.

Ah, so your aim is not to aid the economy but to cripple the banks?

That's why my 'bank run' challenge was ignored. You're not looking to avoid one, you're looking to cause one. Why didn't you just say?
 
It worked in America with the Greenback dollar, why wouldn't it work over here?

The ultimate aim is to reduce the amount of interest paid on the money loaned into circulation by the banks.

Do people on here support the banks and their vast wealth? I mean, seriously?

Perhpas you could, rather than just copying and pasting a link, explain what the 'idea' actually is, how it would 'work' and how it would differ/be more beneficial from the quantitative easing the Bank of England has already engaged in?
 
Thought this thread was about what people want to do to Julia Bradbury

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