The candy stores of Oxford Street

Re:The candy stores of Oxford Street by rwmj on Monday April 25, 2022 @11:19AM (#31156096)

Ah yes, the "maxing out the country's credit card" argument. The national debt is owed in £'s, which the government can create and destroy at will, and much of it is one arm of the government owing another arm of the government. It's nothing like personal debt.

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Re:The candy stores of Oxford Street by 88 on Monday April 25, 2022 @11:21AM (#31156135)

Yes of course, the UK could simply print enough money to repay all its debts and that wouldn’t have any harmful or damaging effects on its economy whatsoever…

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Re:The candy stores of Oxford Street by rwmj on Monday April 25, 2022 @11:25AM (#31156192)

It's a good job I didn't say that then isn't it?

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Re:The candy stores of Oxford Street by 88 on Monday April 25, 2022 @11:51AM (#31156587)

So what is your point? The UK cannot print its way out of its debts, so what’s the relevance?

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