The government would initially print £500bn and take positions primarily in gold but could be other long-term investments. QE globally has created the largest ever monetary expansion in history since the financial crisis and inflation is the inevitable consequence. gold however has aways been and will be a future hedge against inflationary expectations. The government would benefit from the increase in the value of gold and potentially other Investments and sell its gold holdings and other positions at a profit and repay the Covid costs. This would negate the government from having to raise taxes and over the long-term would aim to provide an investment income that could eventually help UK Plc to drive to Net Zero Tax economy for income tax and corporation tax creating the UK as a major global hub for trading and capital inflows supporting high value jobs.
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