Petition to bring back the Bradbury Pound

If avoiding a run on the banks was your aim, I'm pretty sure they've made some moves to prevent this, for example splitting retail arms from the investment "casino" arms (Lloyds and TSB) and then increasing the fraction reserve % that banks loan out from your money. (I think the split might have negated this as I don't know how retail banks invest their cash)
 
Here's a question: "The government of a sovereign nation has the authority and the right, through its treasury, to print the currency to suit the needs of the nation. This being so, why is it borrowing money at interest, saddling the population with an ever-increasing, unpayable debt?"

When the government decides to do its duty and issue lawful currency (whether named Bradbury or whatever matters not) instead, we can have this country out of debt and on its feet, at least economically, in under a month.

Let's have a currency based on something of value as opposed to what we are given - promissory notes backed by nothing of value whatsoever. Even the 'promise to pay' is an empty promise.

I support the petition.
 
I'm more of a local currency type economist dude, can't be doing with this nationalization and centralization, that's how the greedy *******s get you, that's why resources are distributed so inefficiently in this country.
 
We have our own currency in Bristol. Works pretty well:
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http://bristolpound.org/
 
Intbel said:
Here's a question: "The government of a sovereign nation has the authority and the right, through its treasury, to print the currency to suit the needs of the nation. This being so, why is it borrowing money at interest, saddling the population with an ever-increasing, unpayable debt?"

When the government decides to do its duty and issue lawful currency (whether named Bradbury or whatever matters not) instead, we can have this country out of debt and on its feet, at least economically, in under a month.

Let's have a currency based on something of value as opposed to what we are given - promissory notes backed by nothing of value whatsoever. Even the 'promise to pay' is an empty promise.

I support the petition.
Click to expand...

I can now read it
 
Intbel said:
Here's a question: "The government of a sovereign nation has the authority and the right, through its treasury, to print the currency to suit the needs of the nation. This being so, why is it borrowing money at interest, saddling the population with an ever-increasing, unpayable debt?"

When the government decides to do its duty and issue lawful currency (whether named Bradbury or whatever matters not) instead, we can have this country out of debt and on its feet, at least economically, in under a month.

Let's have a currency based on something of value as opposed to what we are given - promissory notes backed by nothing of value whatsoever. Even the 'promise to pay' is an empty promise.

I support the petition.
Click to expand...

LOOK EVERYONE I'M NEW AND DIFFERENT

You realise that people would have actually read your post if you hadn't used that colour?
 
I am an advocate of currency competition. They should change legal tender laws so that taxation can be paid directly with any currency in the world, even if it was a list of approved currencies, that would still create some variety and end the dependence on the £ and other central bank run monopolised currencies. If i could get paid in a currency of my choice and then "pay" my taxes (well have them taken from my salary before i get it) as I usually, that would be currency competition in action. There are positive and negatives to doing that, but eventually its going to happen as national currencies fail. They will try bring in a more centralised currency like the euro or world currency to be created. Rather than decentralize and bring in competition and free choice. They will then use reverse psychology and trick people to think the exact opposite of the truth is the truth.
 
groen said:
I am an advocate of currency competition. They should change legal tender laws so that taxation can be paid directly with any currency in the world, even if it was a list of approved currencies, that would still create some variety and end the dependence on the £ and other central bank run monopolised currencies. If i could get paid in a currency of my choice and then "pay" my taxes (well have them taken from my salary before i get it) as I usually, that would be currency competition in action. There are positive and negatives to doing that, but eventually its going to happen as national currencies fail. They will try bring in a more centralised currency like the euro or world currency to be created. Rather than decentralize and bring in competition and free choice. They will then use reverse psychology and trick people to think the exact opposite of the truth is the truth.
Click to expand...

So rather than having a single currency you would rather have multiple competing currencies and get stung for exchange rates every time you bought something? Don't really see the appeal myself...
 
Shops would just find a way to store multiple currencies as they would all have their benefits and different values. It would not always be a better idea to exchange to a specific currency or another. Say for example you would accept an amount of silver but a less amount of a gold for the same thing. Shops would be free to not accept certain currencies but they would probably end up selecting multiple ones that the thought had significant enough value and did not lead to high costs for usage and had the best benefits.
 
groen said:
Shops would just find a way to store multiple currencies as they would all have their benefits and different values. It would not always be a better idea to exchange to a specific currency or another. Say for example you would accept an amount of silver but a less amount of a gold for the same thing. Shops would be free to not accept certain currencies but they would probably end up selecting multiple ones that the thought had significant enough value and did not lead to high costs for usage and had the best benefits.
Click to expand...

But why would they? When it is much easier (and cheaper) to just work in one currency? Only the big stores in the UK accept euros and they tend to hit you with exchange rates.
 
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