Money creation

HM Treasury Nid oedd gan y wybodaeth y gofynnwyd amdani.

Scott of the Elliott-woods family

Dear Her Majesty's Treasury,
Can you please reveal the method used to bring currency into existence at the point of inception ?
How does this relate to the credit of the people?
What role if any do negotiable instruments have in this process ?

Yours faithfully,

Scott of the Elliott-woods family

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Yours sincerely

Information Rights Unit | Correspondence and Information Rights | HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ   www.gov.uk/hm-treasury

dangos adrannau a ddyfynnir

FOI Requests, HM Treasury

1 Atodiad

Dear Mr Eliot-Woods

 

Please find attached HM Treasury’s response to your information request.

 

To be helpful, I have copied below the links to published information
cited in the response:

 

[1]https://www.bankofengland.co.uk/-/media/...

 

[2]https://www.bankofengland.co.uk/banknote...

 

[3]https://www.bankofengland.co.uk/

 

Yours sincerely

 

Information Rights Unit

 

Information Rights Unit | Correspondence and Information Rights Team | HM
Treasury, 1 Horse Guards Road, London, SW1A 2HQ  | 
[4]www.gov.uk/hm-treasury <http://www.gov.uk/hm-treasury

 

This email and any files transmitted with it are intended solely for the
use of the individual(s) to whom they are addressed. If you are not the
intended recipient and have received this email in error, please notify
the sender and delete the email. This footnote also confirms that our
email communications may be monitored to ensure the secure and effective
operation of our systems and for other lawful purposes, and that this
email has been swept for malware and viruses.

References

Visible links
1. https://www.bankofengland.co.uk/-/media/...
2. https://www.bankofengland.co.uk/banknote...
3. https://www.bankofengland.co.uk/
4. http://www.gov.uk/hm-treasury