After 170 years of silence from the House of Commons on the subject of money creation, there was finally a debate in the Main Chamber at the House of Commons on the subject of ‘Money Creation and Society’ on 20th Nov 2014.
Last Thursday, the UK parliament debated the issue of “money creation and society”. This was a backbench debate, which means that no vote is taken at the end and no laws are changed; it is simply an opportunity to discuss important policy issues outside of the government’s agenda.
Watch the debate "Money Creation & Society" that took place on Thursday 20th November in the House of Commons:
Last week we found out that a historic debate 'Money Creation and Society' had been tabled in the Parliament. This will be the first time since 1844 that Parliament will debate money creation. It is taking place on Thursday 20th November - that is only one week away!