Ask not how much the government is set to borrow but why it chooses to borrow its own currency in the first place. http://bilbo.economicoutlook.net/blog/?p=31715 https://twitter.com/JuliannaForlano/status/1024296624632352769 …
Another question worth exploring is, given that the government wants to borrow, why does it not finance all of its borrowing by issuing money (i.e., why does it issue liabilities other than money)?