Douglas Carswell MP Introduces Bill to Stop Fractional Reserve Banking

A significant point in history happened at about 1.30pm this afternoon. Douglas Carswell MP announced a bill that would end fractional reserve banking. It’s produced below in full (directly from Hansard), but I’ve added some explanatory comments in [brackets]. The bolding is mine. The bill passed to a second reading, which will be held on … Continue reading Douglas Carswell MP Introduces Bill to Stop Fractional Reserve Banking