Douglas Carswell

Banking is still broken. The political Establishment still doesn't get why.

After waiting for over 2 hours, I finally got to speak in yesterday's debate about the sale of the taxpayers' shares in RBS. Listening to my colleagues reminded me why banking is crisis. Many stood up to criticise RBS, only to ignore the monetary framework that caused its collapse.

I spoke about the real reform we need: curbing the excesses of fractional reserve banking, and ending the glut of cheap credit. It's all in my paper, After Osbrown: Mending Monetary Policy.

Watch my speech – and read on!

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