Where do governments borrow money from?

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The UK’s debt is apparently now over 2 trillion, but it’s not clear where this money comes from or if they ever actually pay it back.

Is the debt real/repayable? Could we just write it off?

In: Economics

7 Answers

Anonymous 0 Comments

It’s own citizens.

You can buy government bonds. This is you loaning money to the government.

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