A Campaign for Monetary Democracy
You work harder, you're better educated, you do everything right. And yet—you can't afford a home, can't save, can't plan a future. This isn't your failure. The money system is rigged.
They don't teach you this in school. But once you understand, everything makes sense.
When you borrow £200,000 for a house, the bank creates that money by typing numbers into a computer. It didn't exist 30 seconds ago. Banks create 97% of money when they make loans.
Source: Bank of England, 2014
The bank creates the £200,000 (principal). It does NOT create the £150,000 you'll pay in interest. Total debt always exceeds total money. Someone must always default.
This isn't a bug—it's the design
New money goes to banks, then wealthy asset-holders who buy stocks and property before prices rise. You get wages last, after prices already increased. This is the Cantillon Effect.
You're always playing catch-up
Between 2008 and 2021, the Bank of England created £895 billion.
What Happened to Asset Owners:
What Happened to Workers:
These aren't opinions. These are documented facts from official sources.
All statistics sourced from: Office for National Statistics, Bank of England, Institute for Fiscal Studies
Public banking isn't theory—it's proven reality in multiple countries. We demand three changes:
Transform the Post Office into a public retail bank competing with the Big Four. 11,500 branches already exist. No fees, no tricks, money that serves people.
Proven Model:
Kiwibank (New Zealand) - launched 2002, now 1 million+ customers, publicly owned, profitable.
UK Precedent:
Post Office Savings Bank operated 1861-1969 (108 years) before privatization.
12 regional public banks (£1 billion each) funding local enterprise. Keep capital local, rebuild regions, counter-cyclical lending.
Proven Model:
German Sparkassen - 376 public banks operating since 1820s, 40% of SME lending, survived every crisis.
Impact:
End London's capital extraction from the regions. Build local economies.
Bank of England directly finances infrastructure—debt-free. No more borrowing what we can create. No interest payments to bondholders.
Scale:
£30 billion/year (2% of GDP) for hospitals, schools, green transition.
Savings:
£9 billion/year vs. bond financing. Fund the future without debt burden.
The banks won't give up their power willingly. We need to build grassroots power they can't ignore. Join thousands demanding democratic money creation.
Fair Money Movement is a grassroots campaign for monetary democracy. Not funded by banks or corporations.