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Saturday, 31 July 2010 Search
Democrats for social credit policies will:

• Make the Reserve Bank the sole provider of new money.

• Abolish GST and replace it with a Financial Transactions Tax which would mean the currency speculating “financial sharks” would pay their fair share of tax.

• Make the Reserve Bank responsible for seeing that foreign debt is repaid, and overseas transactions are in balance.

• Establish a social credit economy where people will be able to use the country’s resources without mortgaging their own or their children’s future.

• Replace local body and D.H.B. debt with interest-free community credit.

• Recover effective control of New Zealand’s economic affairs and establish greater political independence.

• Ensure a property-owning democracy, in which the ownership of assets is spread as widely as possible amongst individuals.

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