Comments by "Safir Ahmed" (@safirahmed) on "Politicians claim countries must be run like households, and that’s completely wrong" video.

  1. Government owned Bank of England spent £4 trillion on Quantitative Easing from 2009 - 2022 with £200 billion spent on Quantitative Easing in 2009, with most of this money in recent years gone to institutional investors. Conservative Liberal Democrats coalition government and Conservative government have cut £37 billion from social security benefits from May 2010 - December 2019 with billions of pounds cut from disability benefits. The failed Conservative Test and Trace programme cost £37 billion over two years. The British government controls the money supply through the government owned Bank of England. The British government owned Bank of England gives the government all the money the British government needs and since the Bank of England controls the money supply the government can never become bankrupt and can never become broke. Austerity, benefit cuts, cuts to public services, privatisation, PFI Schemes, borrowing from the markets, deregulation and restricting public spending have never been necessary.
    1