forest of dean redneck 12,023 Posted June 16, 2011 Report Share Posted June 16, 2011 was browsing old paper at work and it states that camerons giving 800? million to pay for jabs in africa, yet this countrys screwed cash wise ,mod, nhs ,national debt . now am i being thick here but where the is the cash coming from. someone point it out to me. Quote Link to post Share on other sites
.terrier man. 193 Posted June 16, 2011 Report Share Posted June 16, 2011 to all of them Quote Link to post Share on other sites
PeakOil 352 Posted June 17, 2011 Report Share Posted June 17, 2011 It is probably being borrowed in to existence via the Debt Management Office selling government bonds that are bought by banks. The Bank of England will then probably press some buttons on their magic computer, create some electronic money out of thin air and buy the bonds back off the banks for more than the banks paid for them. Quote Link to post Share on other sites
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.