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08-07-2020 3:12 PM
There is no Magic Money Tree. As Enoch Powell once said "The Government's got no money". What he meant was that all "government money" came from the taxpayer.
Apart from using reserves, at the moment, the Government are set to borrow vast sums of money to pay for all the schemes going on at present.
The money can be borrowed in a few ways. Some might be borrowed from the International Monetary Fund, some might come from Government bonds of some sort. These are repayable in a set time (with interest of course).
Sooner or later, the taxpayers will have to cough up to pay for it all. Watch the fur fly then?
It's life Jim, but not as WE know it.
Live long and prosper.