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?

WW2 we borrowed from friends.
Very different sources today.

Who is the money borrowed from?.The banks? This is probably a very thick.and naive question but is it not possible - if the lender wanted - for the debts to be written off?

Option a is they had a secret money tree or money squirrelled away all along and will use that. Option b it will be borrowed and it will all have to paid back. Due to the amounts required then it will take ages and will be rather painful. It’s probably option b

Someone else has mentioned it, but who are we borrowing it from?

Thanks for not flaming me for reaching my thirties and not knowing this stuff. Hoping there are a few others like me wondering the same, so at least I'm not alone!

Foreign investors (private and state), private British investors, pensions funds, banks.

I assume we saved a bit of cash during all those years of austerity?

www.bbc.co.uk/sport/amp/football/52028743

Nice seeing this sort of thing. There's many individuals far far richer than him. Imagine if they all donated something.

@BillywilliamV
No. That was to pay back the debts we already have and to reduce the deficit to bring down borrowing.
We're just adding debt on top of debt now, and the deficit will go up with the increase in unemployment.

It’s coming from the future (I.e. they’re borrowing). There’s a good chance they’ll devalue the currency (print money) in an attempt to reduce their debt and hide a drop in house prices as well.

@BillywilliamV lol, they were paying off old debts and reducing (not eradicating) the deficit (in other words they were borrowing more). The government only finished paying of WWII debts in like 2015 (or there abouts, I can’t remeber exactly anymore).

The stock market is trending downward so investors want 'safer' investments. Government borrowing is considered pretty safe, so although it's not as lucrative as company stocks (in normal times) it is desirable.

Going to be honest and say I'll believe that 80% of wages when I see it in my hand. I think it's been promised to ward off mass panic.

We're currently living off tax credits and thanking the Lord of all above that we have them.

Also seriously considering emptying my bank account. There's going to be the crash to. End all crashes after this.

There is going to be inflation to end all inflation after this. Terrifying!

Think major infrastructure projects that Boris was never keen on anyway, will be cancelled, HS2 springs to mind.

I heard someone say that inheritance tax from all the deaths may pay for some of it....

your taxes for the next 40 years

Deficit financing. Nations are not the same as individuals, and can return themselves to prosperity by spending money. Some people wrongly think this is impossible.

"On 31 December 2006, Britain made a final payment of about $83m (£45.5m) and thereby discharged the last of its war loans from the US. By the end of World War II Britain had amassed an immense debt of £21 billion."

60 years.

We could have paid it back earlier, but the interest rate was so low it wasn't worth it.

This disease won't cost as much as fighting a world war for six years.

Today, interest rates are AFAIK the lowest the world has ever known. In some cases they are negative.