Where is all the money coming from?

[istheresomethingwrongwithme]

This is going to make me sound naive and stupid, but where is all the money coming from that the government have produced to help people out? The 80% wages grant etc. Are they just printing more of it?!

Sorry that this makes me sound so daft, it's just there's never any money for ANYTHING, so where is it all coming from now?

I don’t think it’s a stupid question at all. I don’t actually know the real answer but I can only presume the government has a different pot for emergencies?

Borrowing. We will all have to pay it back with massive tax hikes when this is over.

Sadly I don't think there's a secret pot, we are borrowing money and will be putting the country into significant debt which we will pay off over time through government cuts, higher taxes etc.

Borrowed from the treasury I presume, to be paid back by all of us over the next million years

The government is borrowing more money,

The Bank of England has lowered interest rates which means expanding the money supply

This might answer the question
www.google.com/amp/s/www.independent.co.uk/news/business/analysis-and-features/coronavirus-government-bailout-uk-economy-deficit-debt-obr-a9409086.html%3famp

Not borrowed from the treasury. The treasury is doing the borrowing. From the private sector (UK and international).

As above. Emergency money that is being borrowed to pay back once it’s over.
They’ll soon forget the fawning over the NHS and privatise it to help pay it back.

Borrowing. They said quite clearly that it would be paid with borrowing. In a couple years once this is all past and people are working again, there will be major austerity measures to pay for all this.

There was a thread on this a few days ago

www.mumsnet.com/Talk/coronavirus/3856157-Where-will-all-the-money-come-from?pg=1&order=

It’s borrowed.

And tax payers are going to pay it back.

Effectively it’s going to work as a big bail out to many companies that could have afforded to stay afloat (by taking on their own borrowing) but instead are choosing to allow their workers to do it on their behalf.

We will all be paying it back for decades.

This will be the worst financial period we've ever seen after this is over.

It will be borrowed and we will be dealing with the consequences for at least a decade. I'd expect very high inflation in the years to come,like after the war. But it had to be done.

They’re borrowing it. We can expect some severe austerity going forward.

We are borrowing it, it will take forever to repay

Borrowing. However we may see quantitative easing too. Austerity is the reason why the NHS / Social Services can’t cope with this pandemic and why a lot of the most elderly / vulnerable are exposed to this virus / flu in the first place (falls / insufficient hygiene etc) — my guess is the Tories will do as much as possible to ensure the media doesn’t elaborate on the link and also doesn’t report that austerity measures failed in Japan years before they were ever needed here.

Borrowing. There will be a long period of austerity after this.

They are borrowing it by the biggest gilt issuance they have ever made. We will be paying it back for a generation, there will be massive tax hikes and austerity the likes of which nobody has ever experienced once this is over.

They are printing money too, it's called quantitative easing, it's been done before and if done wrong ( eg nazi Germany) can devalue the pound a lot so they have to be careful how much they do it, but all the other big nations will be doing it

What is the alternative? If the money is not there it has either to be borrowed in which case of course it will have to be paid back or does the government say tough,too bad so sad. And then have to pay a massive amount for benefits claims.

War fund / borrowing.

Just seen "borrowed from the treasury". Just no.

The taxpayer.

They've found billions for hs2 and the like.

It'd be great if all the world's billionaires held some kind of version of a telephon or fundraising concert - where only the super rich are invited to a concert (virtually) with all proceeds going to a Covid-19 fund - with the money going to all those who need financial help because of the crisis. Could pay for the additional PPE needed too, and help towards vaccine or drug treatment costs. They often like to fundraise so perhaps we'll see some donations from them in the near future.

Borrowed with the expectation that the slate will probably soon be wiped clean.

It will be borrowed and then we will be paying it back in our taxes for the rest of our lives.

It's like our WW2 - not everyone realises that we were still paying off our WW2 debts in the early 2000s.