Category: Economics

So, How Do We Pay For All This?

Since the UK went into lockdown, the UK economy shrank by almost 6%, the chancellor has announced tens of billions in public spending to prop up businesses, and we are currently losing an estimated £2.4 billion everyday in economic activity. This isn’t a UK based phenomenon, almost every major government in every major…

Read More

How Quantitative Easing Created £375 Billion

Have you ever wondered what happened to the £375 billion, equivalent to £6,000 for every man, woman and child in the UK, created by the bank of England electronically? Maybe you didn’t even know that the Bank of England could do this, or that they ever had. Sounds suspiciously like a magic money…

Read More