The Money Reform Party exists to educate the British people and their politicians about the money system and to campaign against the creation of the money supply by the private banks. Money reform or monetary reform is a term used by people who are aware of the central role that money plays within modern society and who are concerned that the nature of the money system that prevails within most modern industrialised (and developing) countries is not conducive to social harmony, economic egalitarianism or environmental well-being. Modern money, whether it comes in the form of pounds sterling, euros, US, Canadian, Australian or New Zealand dollars, Japanese yen, Swiss francs, South African rands, Indian rupees, Chinese yuan, Russian roubles or any of the other hundred-odd world currencies, all comes in two forms. The first of these forms is cash – notes and coins. This is called ‘M0’ or ‘narrow-money’ in economics jargon. The second form is non-cash money, bank or building society accounts, credit card accounts and the like. These various forms of ‘near-money’ (as economics text-books sometimes call them) have various ‘M’ labels according to their ease of use (M1, M2, M3, etc.). All this cash and non-cash money, called ‘broad money’ in economics jargon, is lumped together as ‘M4’, which is generally reckoned to be the total money supply within an economy.
http://www.moneyreformparty.org.uk/index.htm
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