Social Credit will gain control of the issue of new money and credit in the economy

To achieve this we will:

• Make the Reserve Bank Monetary Authority the sole provider of new money

• Abolish GST and replace it with a Financial Transactions Tax which would mean the currency speculating “financial sharks” would pay their fair share of tax

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

• Establish a social credit economy where people will be able to use the country’s resources without mortgaging their own or their children’s future

• Replace local body and DHB debt with interest-free community credit

• Recover effective control of New Zealand’s economic affairs and establish greater political independence

• Ensure a property-owning democracy, in which the ownership of assets is spread as widely as possible amongst individuals


Chris Leitch, Leader & Finance Spokesman