UK government debt

The UK’s government borrowing set to soar, but who is going to buy it?

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Could the Brits do the perpetual motion machine, like Shiny-land: treasury prints debt, central bank buys the debt with printed money?


Yes, of course, it’s just numbers on a spreadsheet! But, eventually the currency would drop, and everything imported, or that uses imported stuff as inputs/tools, would become more and more expensive as time goes by.

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That is a now a job for the EU.

Lucky them.

Which is not overly helpful if you happen to run a trade deficit to the tune of 100b a year.

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Us Brits are in the same boat as the EU, USA and a few more - I’m still buying gold

I suspect some kind of reset, where everyone losses some currency to the government. Hold assets not currency.