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Parliament To Debate The Issue Of ‘Money Creation And Society’

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Parliament will hold a three hour debate on the issue of ‘Money Creation and Society’ on Thursday 20th November.

This will be the first time in 170 years that Parliament has debated money creation.

The Money Creation and Society debate is being hosted by Steve Baker (Conservative), Caroline Lucas (Green), Michael Meacher (Labour), Douglas Carswell (UKIP), and David Davis (Conservative).

The backbench debate in the Main Chamber of Parliament creates an opportunity for MPs from all parties to learn about the issue, ask questions and deepen their understanding.

There are lots of important questions that Parliament should address during the three hours in the Main Chamber, these include:

Who should create money?

Should high-street banks have the effective right to create money every time they make a loan, given the recent consequences for the economy?

How should newly created money be used?

Do we want banks to have the power to create money when this leads to unaffordable housing and financial instability?

Should we have allowed the Bank of England to create £375bn with little scrutiny from parliament, and use this money to inflate financial markets?

Were there better uses of this money?

See the whole Positive Money blog post here:

http://www.positivemoney.org/2014/11/uk-parliament-debate-money-creation-first-time-170-years/

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Dear HPC forum,

I hope that we can influence Parliamentary debate on money creation (which is one of our hot topics.

I received today the following email from Positive money:

View this email in your browser

Dear Debbiebegood,

We’ve made another significant breakthrough: This morning we were told that Parliament will debate the issue of ‘Money Creation and Society’ on Thursday 20th of November.

Email your MP now to inform them this debate is taking place.

This will be the first time in 170 years that Parliament has debated money creation.

But we only have two weeks to ensure that Members of Parliament attend the debate - and also understand the basic facts about money!

We need your help:

1) Invite your MP to the historic debate on money creation

You can help make politicians aware of the issue of money creation by banks and all its negative impacts on the society. You can do this in just 2 minutes using the link below:

Email your MP - Use our email template to get assurance they will be there.

Phone your MP - This is the quickest way to let them know the debate has been announced and find out if they are planning to go.

Tweet your MP - Include the hashtag #sovereignmoney in your message so we can follow your conversation

2) Tell your friends, family and colleagues

We only have two weeks and we need as much support as possible. Share our campaign on your networks. Forward this email, or share this

3) Watch the debate LIVE on Live Parliament TV

On Thursday 20th November you can watch the debate live online here.

Thank you to the 2,000 of you who emailed your MP and got them interested in money creation! It’s thanks to your efforts that we have sufficient number of MPs interested in this debate.

Best wishes,

Dora and the rest of the Positive Money team

www.positivemoney.org

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Dora Meade

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Copyright © 2013 Positive Money All rights reserved.

Positive Money · 205 Davina House · 137-149 Goswell Road · London, - EC1V 7ET · United Kingdom

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Parliament will hold a three hour debate on the issue of ‘Money Creation and Society’ on Thursday 20th November.

This will be the first time in 170 years that Parliament has debated money creation.

The Money Creation and Society debate is being hosted by Steve Baker (Conservative), Caroline Lucas (Green), Michael Meacher (Labour), Douglas Carswell (UKIP), and David Davis (Conservative).

The backbench debate in the Main Chamber of Parliament creates an opportunity for MPs from all parties to learn about the issue, ask questions and deepen their understanding.

There are lots of important questions that Parliament should address during the three hours in the Main Chamber, these include:

Who should create money?

Should high-street banks have the effective right to create money every time they make a loan, given the recent consequences for the economy?

How should newly created money be used?

Do we want banks to have the power to create money when this leads to unaffordable housing and financial instability?

Should we have allowed the Bank of England to create £375bn with little scrutiny from parliament, and use this money to inflate financial markets?

Were there better uses of this money?

See the whole Positive Money blog post here:

http://www.positivemoney.org/2014/11/uk-parliament-debate-money-creation-first-time-170-years/

Oops!

I just posted this new thread without realising that you beat me to it.

Moderators,please remove my thread.

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Anyhow, here is the email I received from Positive money:

View this email in your browser

Dear Debbiebegood,

We’ve made another significant breakthrough: This morning we were told that Parliament will debate the issue of ‘Money Creation and Society’ on Thursday 20th of November.

Email your MP now to inform them this debate is taking place.

This will be the first time in 170 years that Parliament has debated money creation.

But we only have two weeks to ensure that Members of Parliament attend the debate - and also understand the basic facts about money!


We need your help:

1) Invite your MP to the historic debate on money creation

You can help make politicians aware of the issue of money creation by banks and all its negative impacts on the society. You can do this in just 2 minutes using the link below:

Email your MP - Use our email template to get assurance they will be there.

Phone your MP - This is the quickest way to let them know the debate has been announced and find out if they are planning to go.

Tweet your MP - Include the hashtag #sovereignmoney in your message so we can follow your conversation

2) Tell your friends, family and colleagues

We only have two weeks and we need as much support as possible. Share our campaign on your networks. Forward this email, or share this


3) Watch the debate LIVE on Live Parliament TV

On Thursday 20th November you can watch the debate live online here.


Thank you to the 2,000 of you who emailed your MP and got them interested in money creation! It’s thanks to your efforts that we have sufficient number of MPs interested in this debate.



Best wishes,

Dora and the rest of the Positive Money team

www.positivemoney.org

Share

Tweet

+1

Share

Forward to Friend

Facebook

Twitter

Google Plus

YouTube

Website

Dora Meade

Network Coordinator

Unsubscribe | Update your profile | Forward to a friend

Copyright © 2013 Positive Money All rights reserved.

Positive Money · 205 Davina House · 137-149 Goswell Road · London, - EC1V 7ET · United Kingdom

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Parliament will hold a three hour debate on the issue of ‘Money Creation and Society’ on Thursday 20th November.

This will be the first time in 170 years that Parliament has debated money creation.

The Money Creation and Society debate is being hosted by Steve Baker (Conservative), Caroline Lucas (Green), Michael Meacher (Labour), Douglas Carswell (UKIP), and David Davis (Conservative).

The backbench debate in the Main Chamber of Parliament creates an opportunity for MPs from all parties to learn about the issue, ask questions and deepen their understanding.

There are lots of important questions that Parliament should address during the three hours in the Main Chamber, these include:

Who should create money?

Should high-street banks have the effective right to create money every time they make a loan, given the recent consequences for the economy?

How should newly created money be used?

Do we want banks to have the power to create money when this leads to unaffordable housing and financial instability?

Should we have allowed the Bank of England to create £375bn with little scrutiny from parliament, and use this money to inflate financial markets?

Were there better uses of this money?

Objection! Leading the witness.

Is Farage going to be there?

HAM: Like the sig :D

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Guest Jemmy Button

Parliament will hold a three hour debate on the issue of ‘Money Creation and Society’ on Thursday 20th November.

This will be the first time in 170 years that Parliament has debated money creation.

The Money Creation and Society debate is being hosted by Steve Baker (Conservative), Caroline Lucas (Green), Michael Meacher (Labour), Douglas Carswell (UKIP), and David Davis (Conservative).

The backbench debate in the Main Chamber of Parliament creates an opportunity for MPs from all parties to learn about the issue, ask questions and deepen their understanding.

There are lots of important questions that Parliament should address during the three hours in the Main Chamber, these include:

Who should create money?

Should high-street banks have the effective right to create money every time they make a loan, given the recent consequences for the economy?

How should newly created money be used?

Do we want banks to have the power to create money when this leads to unaffordable housing and financial instability?

Should we have allowed the Bank of England to create £375bn with little scrutiny from parliament, and use this money to inflate financial markets?

Were there better uses of this money?

See the whole Positive Money blog post here:

http://www.positivemoney.org/2014/11/uk-parliament-debate-money-creation-first-time-170-years/

What is the point? Bloody heck, if these clowns don't know it now, they never bleedin' will. Does anyone think anything out of this will make one blind bit of difference? The Political chattering classes - don't they make you feel sick...

Edited by Jemmy Button

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What is the point? Bloody heck, if these clowns don't know it now, they never bleedin' will. Does anyone think anything out of this will make one blind bit of difference? The Political chattering classes - don't they make you feel sick...

Well precisely. Take away the city's ability to thieve, and, well, there is no city.

The right don't want that because its their mates doing the thieving.

The left don't want it as London is their multiculti (semi) success story. Without money being stolen from the regions and pumped into London, the 2011 riots will look like a picnic. London without financial criminality would be like Detroit without motor manufacturing.

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Times change. Probably only ten years ago this sort of 'banks create money' talk would have just been dismissed as olympic-level conspiraloonery.

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The backbench debate in the Main Chamber of Parliament creates an opportunity for MPs from all parties to learn about the issue, ask questions and deepen their understanding.

There are lots of important questions that Parliament should address during the three hours in the Main Chamber, these include:

Who should create money?

Should high-street banks have the effective right to create money every time they make a loan, given the recent consequences for the economy?

How should newly created money be used?

Do we want banks to have the power to create money when this leads to unaffordable housing and financial instability?

Should we have allowed the Bank of England to create £375bn with little scrutiny from parliament, and use this money to inflate financial markets?

Were there better uses of this money?

From the positivemoney link

We have produced a full briefing for the money creation debate that you can see here

Presumably some of them actually have some real knowledge about the subject and are prepared to take the position of being knowledgeable about it and maybe even be on the side of positivemoney. Hopefully the rest at least read the positivemoney briefing note and the references in it.

Otherwise it could end up being a learning from scratch excercise with the conclusion that an inquiry (in the long grass) is necessary.

Even so it's good that it's being debated in Parliament and being given the light of day and even if only some MPs are more enlightened by the debate then it might make some difference to their voting patterns on relevant issues in Parliament.

At least after the debate they can't say they didn't know - with any credibility.

Edited by billybong

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How many are in the commons chamber? I can count 15

Yes I am absolutely discussed. I know positive money have been contacting MP's and yet they couldn't be asked. Well at least UKIP had a 100% of their MP's turn out.

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Good debate I though and well worth watching.Same none of are elected rules felt the same. With this level of interest nothing is going to happen until the present system collapses.

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Conservative woman who was on Treasury comitee for 4 years is against the Positive money proposals, because banks are already regulated heavily, etc. because banks only " create" loans which they " know" will be repaid.

She also said that " new inovative approaches" are needed like more banks that will bring " choice, competition and diversity", crypto currencies, that banks should be allowed to supply the money which economy " needs", that in future the savings will not be needed to create loans hence bank of mum and dad will not be "needed", and lot of other nonsense including how Conservarives have saved the banking system and all of us.

Anothet Conservative MP totally agreed with her above nonsense.

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Wont this just be some people who don't know anything groping around some rudimentary falsehoods for 3 hours?

Edited to add: my mistake they all stayed away.

Edited by DabHand

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