bitcoinpolicyuk on Nostr: When debt interest costs more than entire government departments, the problem is ...

When debt interest costs more than entire government departments, the problem is bigger than bad budgeting. It is a monetary system built on ever-expanding debt.

Bitcoin offers a very different model:

- fixed supply
- predictable issuance
- reconnecting money to energy
- no central authority able to expand the supply

quoting
nevent1q…d24j

Britain will spend £109 BILLION on debt interest this year.

That is more than:

- The entire Education budget
- The entire Defence budget
- Nearly 4× the Transport budget
- More than 5× the Home Office budget
- Nearly 8× the Justice budget
- Roughly half the Health and Social Care (NHS) budget

That is the equivalent of around £3,220 per working person per year, or £268 a month, just to service the national debt.

The debt is rising by roughly £4,000 to £4,300 every second.

At a time when people are already being squeezed by the cost of living, a huge amount of the tax they pay is being swallowed up by interest on old debt rather than paying for the services they actually use.

After all that, the £2.9 trillion debt is still there.

https://uknationaldebt.com/

Snapshot of the live UK National Debt Clock taken at 7:12 am on 18 Aug 2026.