Economic Development - Social Credit Association

"The Social Credit Association aims to put in place
an economic system that works for people and the planet"  
Chris Leitch - President
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Economic Development

Policy Topics

Social Credit will provide a platform for businesses, and the regions, to grow and prosper
To achieve this we will:

• Establish 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

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

• Abolish 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 from bank accounts

• Institute a adequate living income to progressively replace the welfare system

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

• Ensure the Reserve Bank is answerable to Government

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

Introduce a Worker Shareholding scheme to assist workers to become shareholders in the companies they work for, and therefore gain additional income through dividends.

Chris Leitch, Leader, Finance Spokesman
© Copyright 2020   NZ Social Credit Association
Authorised by Anne Leitch, Secretary ,42 Reyburn House Lane, Whangarei
If you want
 - Better Housing           - More Say
 - Better Roads         - Lower Rates
 - Better Health Care     - Less Tax
 - Better Education  - Clean Rivers
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