0 sats \ 1 reply \ @mo OP 9 Apr \ parent \ on: Are you in the UK and overwhelmed by debt? Personal_Finance
thanks for your insights. Much appreciated
Enjoy the thought process but not sure of the gov intent. Thanks for posting it.
Perhaps extinguishing debts is intentional monetary policy to stimulate inflation. Or perhaps it's to throw more fuel on the fire of socializing losses and rewarding irresponsible borrowers. In either way, it doesn't seem helpful to me.