Early day motion 1138

INTEREST FREE CREDIT

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Total number of signatures: 8

Caton, Martin Cryer, Ann Cummings, John Drew, David
Flynn, Paul Hancock, Mike Mitchell, Austin Simpson, Alan

That this House believes that HM Treasury should alleviate the effects of the recession and prevent the continued escalation of debt by matching the amount of money created through quantitative easing by the Bank of England with interest free cash for financing works in the public interest, thus addressing the enormous imbalance between interest bearing credit and interest free cash in the overall money supply.