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Compound Interest (interest on interest) is Exponential

Economic growth cannot be sustained in a society that gets more and more into debt.  EURO is based on national debts.  Britain has created the standard of ‘Sterling quality’ for silver.

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What if the Pound became a ‘Sterling currency’?

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What if Stable Sterling became the reference currency it once was?

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What if Stable Sterling became the alternative to Sinking EURO?

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A model for the Commonwealth of Nations?

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What if the Government redressed the imbalance between interest-bearing bank credit (97% of the total money supply) and interest-free notes and coin (3%)?

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What if ‘new money’ paid off the National Debt and increased public expenditure for health and education?

‘Just printing money’ means inflation, we are told. Yet that’s exactly what banks are doing. Only they put it as credit into bank accounts. Banks don’t print notes and coins, except under licence. 

Governments could put interest-free money into bank accounts!

 

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