The problem UK households, public services and businesses face is a shortage of money. The government can create the money needed to get us through this winter. If it does, we survive it. If it doesn’t we won’t. That’s the one decision that will make or break Truss, and us all.
What we face is a shortage of physical resources. Mostly energy but still. The inflation we’ve got shows us that we’ve already got quite enough money floating around.
After all, if money is going down in value, day by day, how can that be the thing that’s in short supply?