In the UK the Bank of England can create £325 billion plus of digits in the form of quantitive easing to keep the banks alive. The government talks endlessly about cutting the deficit so why don’t they create the legislation and order the B of E to create a further £325 billion plus to do just that. The government should then pass legislation that enables them to fund industries and small to medium sized businesses direct via a National Peoples Bank without recourse to the now middlemen – the commercial banks. Leave property and financial speculation to the commercial banks. Leave increasing the countries GDP, employment and general wellbeing to a National People’s Bank.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s