Why the UK government can't borrow - and we should not pretend it does
Richard J. Murphy
Youtube, 2025
Youtube, 2025
Level: leicht
"Politicians tell us the UK is “borrowing too much” and faces a “debt crisis.” That’s wrong. The government creates the pounds it spends, and what’s called “borrowing” is really just it accepting deposits — or savings — from the public and financial markets. It’s time to stop the scare stories and understand the truth."
Go to: Why the UK government can't borrow - and we should not pretend it does
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