'The truth is definitely out there…but only when you’re a backbencher!
Researchers and campaigners for monetary reform and social justice are perplexed. Something is very, very wrong indeed within the current Green and Progressive Movement! Those of us who have been researching money creation and money supply in great detail know, with absolute certainty, that there is a very simple solution for swiftly eradicating austerity, poverty and unlawful debt…forever!
And, amazingly, so do Jeremy Corbyn and John McDonnell – they know exactly what has to be done to swiftly remove austerity, poverty and unlawful debt forever in ‘one fell swoop’! Back in November 2013, as humble backbenchers with only a limited influence on events, they both supported and signed Early Day Motion 748 (2013) along with their recently departed friend, the late Paul Flynn. This EDM reads as follows:
That this House notes that the hundredth anniversary of the Bradbury Pound on 7 August 2014 is a welcome reminder of the historic precedent for public credit [now called Sovereign National Credit] as the sound basis for debt-and interest-free Treasury money and therefore the sound alternative to the national debt and interest-bearing bank money... and urges HM Treasury to follow John Bradbury's model and address social, economic and political issues across party lines in one fell swoop and avoid wholly unnecessary austerity cuts.'
Read More: Real Greens v Fake Greens (Part 1) – The truth about Money Creation & Banking