Hi Sylvia,
Thank you for signing the petition calling on the government to create money for people, not for financial markets.
Next step – spread the word!
The more of us who sign the petition before Tuesday, the more pressure on Philip Hammond to change the policy this week. Please share the petition with your friends and family on social media, or forward them the email below.
Thank you for your support!
The Positive Money team
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Hey,
I have just signed Positive Money’s petition to the Chancellor Philip Hammond, „money for people, not financial markets“. The petition is being delivered on Tuesday, so please will you add your name now? It takes less than 30 seconds:
The Bank of England is currently flooding financial markets with £70bn of newly-created money – a process called quantitative easing (QE). But this policy increases inequality and makes the rich even richer. This has been confirmed by the Bank of England’s own research.
We know that instead of creating money that is simply pumped into financial markets, the Bank of England should spend it on things which support investment, jobs and people’s incomes. It could be simply given out to ordinary people, used to fund a tax cut, spent on house-building or invested in infrastructure like schools and hospitals.
Positive Money supporters are delivering this message straight to Philip Hammond on Tuesday. Because right now, he’s weighing up whether to announce a policy change in this week’s Autumn Statement announcement. So if you agree that newly-created money should benefit everyone, not just the very wealthy, please will you add your name to the petition now?
Thanks!
haluise 