Will We Pay Back the Government Debt? - Gary Stevenson on LBC with Tom Swarbrick
Economist Gary Stevenson argues that the UK government's COVID-19 debt, largely funded by the Bank of England printing money, fundamentally differs from traditional borrowing. He contends this "debt" doesn't need to be repaid or incur interest, as it's essentially an internal government transaction, a break from conventional economic rules.
Featuring Tom Swarbrick