Jesus that guys an idiot. Now I may not have understood him completely, because he talks damned fast, but if I've understood what he's saying then his concept of the government creating money from the Bank of England, and borrowing money from the private sector and only having to pay back the tax (should have said interest), is effectively a ponzy scheme, because the govenments currently paying nearly £50bn in interest payment to maintain it's debt, and so that money has to come from taxation to be able to continually paying it. And as there's no surplus to reduce the ever increasing debt, then that'd take even more money out of the economy, by increasing the amount of tax that needs collecting.