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"Social Credit
would enable people
and businesses
to do what’s best for Kiwis,
our country, and our environment"
Chris Leitch - Leader
Photo credit Tomas Sobek
Find out more about the High Court review of the Overseas Investment Office decision to grant approval of the takeover of Westland Milk by Inner Mongolian Yili, China's largest dairy processor - 25% owned by the government of China.
And how you can support our campaign against overseas ownership of New Zealand's best agriculture and horticulture.
Businesses owned by Kiwis, employing Kiwis, benefitting Kiwis, looking after our environment
Control of New Zealand's economic affairs recovered and greater political and international independence
With increasing automation, incomes maintained so that all may share the benefits, not just those at the top
Systems and an economy that serve people, not big corporates, overseas owners, and speculators
Every year government wastes $6,000,000,000 of taxpayer's money
paying interest on its borrowing
when that $6 billion could go into things that benefit New Zealanders.
$16 million every day, wasted because the government won't access the funds it needs from New Zealand's own bank (the Reserve Bank) at no interest.
Instead it funnels your money into the profits of foreign lenders.
We've been right all along about banks creating money. We'll restore that right to the Reserve Bank.
These experts (and many others) say banks create money out of thin air with a few computer keystrokes when they make loans.
Yet our government and councils borrow that 'funny money'. They also source funds from other overseas owned financial institutions.
Michael Kumhof
Senior Research Advisor
Bank of England
"Banks create their own funds, deposits, in the act of lending. This can be verified in many central bank statements"
Here's what could be done with that $6 Billion every year
if the government simply changed its bank !
We will restore the right of the nation to create
its own money for much needed public expenditure,
using New Zealand’s own bank (the Reserve Bank)
LATEST PRESS RELEASES
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Adam is joining Social Credit.
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These people joined Social Credit.
Read why here
Social Credit has always been way ahead of its time with its ideas, in particular the use of the country's Central Bank - the Reserve Bank - to fund much of the country's development. This concept is being supported internationally by economists, economics professors, world leading financial journalists and a growing body of NZ commentators. Banks like Westpac, ANZ, BNZ, and ASB currently produce 98 percent of the country's money supply when they make loans, creating that money out of thin air. This allows them to generate massive profits which are taken out of the country, adding to our overseas debt. Social Credit would reduce their ability to create so much debt and ensure the creation of our money supply was used to benefit all New Zealanders. We urge you to look at our other innovative, forward looking policies.
Chris Leitch
Leader
Amanda Vickers Deputy Leader
Social Credit policy was way ahead of its time in 1973 and still is!
Support our efforts to create a better New Zealand
for all New Zealanders and for the planet.