10 signatures reached
To: chancellor of the exchequer
End Fractional Reserve Banking
We want to see the end of the Fractional Reserve Banking (FRB) system. the Fractional Reserve system allows banks and other financial institutions to create currency from thin air; it is corrupt and unethical and has been the major contributing factor in all economic collapses.
Why is this important?
It's important because whether you realise it or not; the FRB system affects everyone on the planet. It allows banks and financial institutes to generate massive profits out of thin air. this system has allowed the banks to maintain their stranglehold on every single nation state on the planet - which is why when these private profit making entities fail; the Taxpayers have to pay for their rescue; and then we have to pay for their recovery. FRB inevitably results in Quantitative Easing measures; which further decreases the value of currency - so not only do we have to pay to avoid their failing; we have to pay for their recovery and then we have to pay even more through the inevitable devaluation of currency. this is not right, it's not fair and it needs to end. Now.
How it will be delivered
We will deliver these in person to the Chancellor.