A human rights lawyer advised us to “go for Parliamentary scrutiny via the Treasury Select Committee“, after she had studied our report Sovereignty & Seignorage that was based on the statistics of the Bank of England.
As published on its website, the remit of the Committee is to examine the expenditure, administration and policy of
- HM Treasury
- HM Revenue & Customs
- associated bodies,
- including the Bank of England
- and the Financial Services Authority.
Our first submission was in response to the Committee’s inquiry into the Stern report: Green Credit for Green Purposes – Changing the Cash : Credit Ratio of the Money Supply to Ameliorate Climate Change.
Instead of getting a hearing to give oral evidence, we were invited to submit an additional memo: The “Stick” of Green Taxation v the “Carrot” of Green Funding – Environmental Economics from a Mathematical Perspective – A Supplementary Memorandum to Green Credit for Green Purposes.
A first Open Letter got the response that a meeting is not possible ‘in the foreseeable future’.
A second Open Letter is still waiting for a response.
Since then, Austin Mitchell MP handed a copy of our petition to the Committee Chairman.