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Closed Create a Standard of Value for the Monetary system

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The gold standard restricted money supply and served as a stabilising influence. We want the UK government to create a monetary system where banknotes represent value of physical precious metal assets held by the Bank of England - Gold, Silver and Copper, and coinage made from those metals.
The different values of these three metals will mean a greater spread of denomination allowing easier exchange and trade than if the gold standard alone was used.

If enough people sign this petition this will lead to debate and awareness of what the best system is to help stabilise the economy.

We need to achieve 100,000 signatures in time for 4 September 2013 to coincide with USA goldstandard2013.org petition

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  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 15 August 2013.