The money to pay for our children’s missing education could be created out of thin air, at zero cost both now and in the future and it need never be repaid, because, well, it would simply be new money. And there would be no inflation resulting from it. So why not, Rishi Sunak?
Of course you don’t have to be a sociopath to want to bring back austerity when it’s totally unnecessary. But it’s very hard to find another explanation.
That there won’t be inflation is too strong a claim. But it’s the other bit that fascinates. Austerity is now defined as not spending ever more?