Stephnie de Ruyter
Stephnie de Ruyter, Party Leader
Party Leader
 
 
 
The Origins of Social Credit
Development of modern banking has resulted in nations losing the power to issue most of their own money. The financial system, worldwide, is based on debt.
 
Our Policies

To view our policy summaries please click on the relevant policy heading on the left.

Economic Development Policy

The Democratic Party for Social Credit is committed to:

 

• Establishing a Local Authority Loans Board to fund capital works and infrastructure projects approved by local communities, with grants, nil-interest and low interest loans from the Reserve Bank.


• Promoting an International Clearing Union with export credit accounts for trading among member nations.


• Abolishing GST in favour of a simpler and fairer Financial Transactions Tax (FTT), set at a low level (0.01%) and collected at point of withdrawal.


• A Basic Income, payable to every New Zealand citizen, to progressively replace the welfare system.


We will ensure:

• That the Reserve Bank is the sole provider of new money, made available to trading banks at a service charge only.


• That the Reserve Bank is answerable to Government.


• That the Reserve Bank is responsible for seeing that the overseas debt is repaid and overseas transactions are in balance.


Contact: 

Chris Leitch, Finance Spokesman

Email: chris.leitch@democrats.org.nz      Mob 021 716 895

 

Published: August 2017


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