House of Commons
As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.
INTEREST FREE MONEY
EDM #743
Tabled 22 February 2005
2004-05 Session
That this House believes that for public and social infrastructure developments interest-bearing debt is unsatisfactory, burdensome and inadequate; notes that borrowing is not the only available method of financing; and therefore calls on the Government to grant the Bank of England, within that institution's inflation targets, the power to generate sufficient interest-free credit, and to allocate it to a national credit agency for disbursal for such local and national public and social infrastructure development projects as this House shall from time to time determine.