"he proposed to obtain by means of a national bank, based on the mutual confidence of all those who are engaged in production, who would agree to exchange among themselves their produces at cost-value, by means of labour cheques representing the hours of labour required to produce every given commodity. Under such a system, which Proudhon described as ” Mutuellisme,” all the exchanges of services would be strictly equivalent. Besides, such a bank would be enabled to lend money without interest, levying only something like 1 %, or even less, for covering the cost of administration. Everyone being thus enabled to borrow the money that would be required to buy a house, nobody would agree to pay any more a yearly rent for the use of it. A general ” social liquidation ” would thus be rendered easy, without violent expropriation. The same applied to mines, railways, factories and so on. ”

A good way to deal with creating such a "State Bank" would be to implement Gordon Browns , Federalised Bank of England, Scotland, Wales and Ulster. This would scotch the Scots Nat's, as per PMQ's handbags between Boris and Ian Blackford, but would also stimulate activity at the end of the market that needs it.