[rwmj]

Ah yes, the "maxing out the country's credit card" argument. The national debt is owed in £'s, which the government can create and destroy at will, and much of it is one arm of the government owing another arm of the government. It's nothing like personal debt.

[88]

Yes of course, the UK could simply print enough money to repay all its debts and that wouldn’t have any harmful or damaging effects on its economy whatsoever…

[rwmj]

It's a good job I didn't say that then isn't it?

[88]

So what is your point? The UK cannot print its way out of its debts, so what’s the relevance?