England: Bring Back The Bradbury!

[Bigjon]

http://www.youtube.com/watch?v=ZsXI38ey-nY


http://www.youtube.com/watch?v=ZsXI38ey-nY


Published on May 7, 2013

On the 7th August 1914, in order to avoid a run on the banks, the Treasury issued Treasury Notes signed by John Bradbury - a form of national credit backed only by the credit of the nation.

We require that the Treasury immediately restarts issuing such interest-free money, based upon the wealth, integrity and potential of our country. Such an initiative would completely remove the hold the banks have over the nation, and would kickstart a productive economy.

Join us in campaigning to Bring Back The Bradbury!

http://www.ukcolumn.org/bring-back-the-bradbury

[Glass]

Been following this for a few weeks now. I couldn't quite grasp if the bradbury pound was fiat or not. I think it's still Fiat with no gold backing. Could be wrong but that was the gist. I think the key is how it is issued: At interest or free of interest. I think it's free of interest. Makes it 100% better than what they have but it could go futher, evolve into a currency with inherent value.

I think Serpo of JPQ mentioned in a post recently about money having silver in it. I think it was something about smart notes.
http://www.rba.gov.au/Museum/Displays/_Images/1960_1988/monarch_1_dollar_front_big.jpg

This is an example of an old Australian $1 note. This is actually a note that was in circulation after the Commonwealth was abandoned or stolen. Not sure which. At some point we became simply Australia and not the Commonwealth. No one seems to have noticed.

here is a Commonwealth one:
http://i218.photobucket.com/albums/cc88/glassgold/Australian_1_note_paper_front_zpsc22d3d7e.jpg
You can see it's basically the same except it has Commonwealth of Australia instead of just Australia.

These notes began life as issue at no interest but not for long I think. They all contained a small strip of silver in them. It was basically a thread of silver, visible to the eye that ran top to bottom.