Why the UK can't go broke - and why Gary Stevenson shouldn't imply it could

8th August 2025

The UK can't run out of pounds any more than it can run out of inches.

In this response to Gary Stevenson, I explain why money is a public good, created by the state, and why it's wrong to claim the government is broke.

That myth props up the austerity agenda. If we want real change, we must stop telling neoliberal stories—even by accident.

Gary Stevenson video
https://www.youtube.com/watch?v=KHdUAZnGS50