We, the undersigned, request an inquiry into the long term development of the money supply, in particular the share of Cash and the share of Credit circulating in the economy.

Since nobody generates the interest necessary to pay for credit, we cannot buy into the myth of a “credit crunch”, whilst on-line statistics of the Bank of England show that the Cash share of the money supply has continually dwindled. The reality is therefore a “cash crumble”.

For an economy with believable inflation rates and the ability to preserve wealth, it is not necessary for the Government to raise taxes or to borrow, but to stop the “cash crumble”.

More in the special report of the New Scientist How our economy is killing the Earth, Money as Debt also known as Credit, Public Cash for the Real Economy - The ultimate request, by on-line petition in the Accountancy Business and the Public Interest Journal and Stable Currencies in Action.