COVID-19

You beat me to it, who ever they are they've deep bloidy pockets,I'd bet the Rothchilds are involved .

 

From @Fordy117 , obviously.

 

You know when you're a kid or a teen and you say things like 'Why don't they just print loads of money and make everyone rich?'

Well they've just made up loads of money and made everyone poorer. It's a great system.

 

The Treasury it has a long-established overdraft facility at the Bank Of England.

 

Bin off the HS2 project - £100 or so billion back in the coffers, job done!
Throw in sacking off the extra runway at Heathrow and we’re back in the black.
#simples

 

Campbells soup for Prime Minister!

 

Walking into Number 10 be like .....

 

Glad I make your laugh.

BOE gets it from the government... the government gets it from the tax payer!!

This is why protecting the over 70's around the work is questionable because they won't be paying for this..

Why @Bronco likes your post and he doesn't have to care about anything

 

Money is printed.. it's paper!

Money is the think that separates people! It's a way of control.

So in a nutshell the Bank of England can print off what ever is required by the Treasury or what the Government requests but to make money have value it has to be paid back(or at least made out it is).

Thought you would've known this?

 

Anyway...money does not exist...they might as well be just points...take the £ sign away and it's just the same as having points I tell thee...

 

Points or Pounds. Bradford City never has enough of either.

 

Probably @Fordy117 the way he talks.

 

This is the point. Austerity would be the worst response we could make, just as it was after 2008. Stimulate the economy to get it moving and only worry about balancing books once interest rates and inflation start rising. In other words, sensible, mainstream Keynesian economics is what will be needed. It worked after WW2 and it will work again.

https://www.theguardian.com/commentisfree/2020/may/14/the-scare-stories-about-government-debt-are-back-ignore-them?CMP=Share_AndroidApp_Copy_to_clipboard

 

Agree Steve but I'm not sure continuing with HS2 is value for money, get the construction industry moving, 5G with or without Huawei I know many say we shouldn't build roads but for me most of our road networks are not fit for purpose although I see there will be £27 billion available for roads.

 

You're just doing it on purpose now.

 

The only point to putting money into infrastructure is if it will benefit the growth of our private sector. Without a growing and successful economy everything else is irrelevant. If that means spending more on things like roads, airports, rail and sea ports to accomodate this growth then it should be done as a matter of urgency. Creates thousands of jobs and builds our infrastructure for the future. A successsful economy with a growing workforce will help fund more public services.

 

Can we do it without the rationing this time? I like my bread and wine to much.