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2026-03-09 07:17:24 UTC
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The Sleight Doctor 🃏🍉 on Nostr: nprofile1q…kt0ps nprofile1q…cx9tq I wouldn't be the first to point out that they ...

I wouldn't be the first to point out that they don't even understand macroeconomics! A currency-issuing government can always cover the interest on bonds, can never become insolvent, and - this is the kicker - does not even need to "borrow" from markets in order to spend. If the UK can spend money into existence for quantitative easing (QE) or Covid measures, then it can do so for any other purpose. 🤷🏻‍♂️