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Old 6th Apr 2009, 07:25
  #401 (permalink)  
Farfrompuken
 
Join Date: Nov 2000
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the government will provide the cash by 'quantative easing'
1. No. The government aims to increase public borrowing ad-infinitum which will make the tax burden even more intolerable for decades to come. Tax which will come from a nation that has 25% of jobs in the public sector and fewer jobs in manufacturing and heavy industry than we should.....

2. Quantitative easing is intended to stimulate spending by increasing available cedit (possibly boosting tax revenues) but will devalue the pound and not hugely affect the defence budget.

3. So where IS the money coming from?
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