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Everyone basically knows the economy is broken. The question is less and less how do we fix it, but how do we get through it. Gary talks to Robinson College, Cambridge.
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An update from Gary.
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My in-depth course to help you understand the economy. PART 2 What Is Wealth Inequality?
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This channel started 4 years ago today. Which of my predictions came true?
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"They'll leave" is the most common response in the media if you suggest a wealth tax. But will they?
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Introducing my new course on economics: PART 1 What is Wealth?
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Immigration isn't the biggest problem facing working class people. Don't believe the media.
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There's an election coming up, and the tories are going to lose. But don't get too excited, because I don't have much hope in Labour either. Here are my thoughts.
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Are investments from rich people helping our economy to grow?
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Taxes pay for everything important. But I want the rich to pay more and you to pay less.
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The rich own everything, but they hide it in their tax returns.
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Don't believe the media hype: inflation will fall but it won't make a big difference to your life.
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You could tax and burn the £700 billion given out in Covid and living standards would improve.
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Compared to real assets like property, food and energy, wages in the UK have collapsed in the last 20 years – and it's accelerating.
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Want to live a life of luxury and never work again? Passive income might be the answer (disclaimer: you have to own £ millions of assets first)
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Growing the economy while inequality is surging will just make the rich even richer.
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Gary explains how you can get rich.
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How's your local high street doing? This is how inequality is reshaping our country.
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Inflation has been high on the news agenda due to the cost of living crisis. When you see people talking about inflation they'll almost always be talking about the rising costs of things you buy in the shops, which is retail price inflation or consumer price inflation. But what about asset price inflation? Assets have been going up for years, and faster than goods and services, so why is that rarely mentioned?
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If you look back across history, you find that inequality is the norm. After the second world war that changed, and there was a period of rising equality across the west. But rising inequality is back, unless we do something about it.
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