How do we REALLY increase investment?

Are investments from rich people helping our economy to grow?
UNDERSTAND, SHARE & PUSH BACK
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Performed by Gary Stevenson
@garyseconomics

[@alexsteven.m6414]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.

[@belobelonce35]

Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game. Therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and improve earnings. It is best not to blindly enter the market.

[@bernisejedeon5888]

You can't really know the full risk rate except you are a professional. Reason I settled for advisory and guide from a stock. Never been the same again with my holdings

[@yolanderiche7476]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@bernisejedeon5888]

Sharon Marissa Wolfe is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

[@valeriepierre9778]

This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.

[@TheseLocalGods]

""If you just focus on growth without focusing on distribution all you do is advance towards slavery at a faster rate." Nailed it.

[@SK-vg3mw]

I guess neither you nor Gary himself understood the whole depth of stupidity of this sentence! 😂

[@perrymason866]

@@SK-vg3mwexplain how it’s stupid. It seems perfectly logically consistent.

[@eh2254]

@@SK-vg3mwI’m with @perrymason866 Please enlighten us, oh wise one, because that’s the part that resonates most with me, too. Do show us the folly of our ways.

[@IMO1964]

And it's been happening since the 80s

[@SK-vg3mw]

@@perrymason866 You already paying 30% of your many to taxes and every year you pay more. Does it feels your life getting any better because of that? Imposing tax on rich, you will only lose rich, and remain paying taxes yourself, as gov never lower their expenses! You have to compete for the rich to come to UK not alienate them to leave! Also putting even a draconian taxes will yield in pennies for the government. 3 largest companies Microsoft, Nvidia, Apple worth 10 trillion together, that’s how much US gov spends in just 4 years, UK not much different! How much you think you gonna get by taxing rich ?

[@Benjaminarmstrong684]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@Justinfred11]

I usually go with registered representative; Zachery M Demers, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics

[@Justinfred11]

HE'S MOSTLY ON TELEGRAMS, USING THE USERNAME...

[@Justinfred11]

@Zachfinance

[@TilSchweiger-i3f]

Zachery M Demers has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's

[@Kevinbrian1]

Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Zachery M Demers for I and my family

[@disparato]

To those suggesting Gary should go into politics. No he shouldn't. We don't need everyone who has the credibility and experience to debunk existing economic policies to do so, he's relaying these significant conclusions to everyone and it's up to us to elect and pressure the right people to implement these ideas in Policy. It's up to us to hold our elected political representatives to account, we can all do our bit, the way Gary is doing his.

[@DanielEdwards-]

It’s the same with Mick Lynch, every time I see videos of Mick speaking truth to power I look at the comments section and there’s always someone championing him for prime minister. Instead we should collectively get behind the Gary’s and Mick’s of the world and push forward their ideas and narratives to the wider public.

[@shadowofmyfutureself]

You're right. Politics sucks the energy and power out of ideas and prevents action... Being a politician means fitting into a matrix that's designed to change NOTHING. What's needed is a popular national movement that everyone, literally everyone and ANYONE, no matter how rich or poor they are, can immediately see the value of, and how to get involved with, where they as individuals can have their own agency and power within it, where we can all be part of the change we want to see in the world TOGETHER without politics without capitalists taking ANY of the profits. A bit like Community Wind Farms generating energy which makes profit and returns it to thousands of individuals who TOGETHER own the windmills and the land and the means of production. There's no super rich people involved, they aren't needed, they aren't part of the solution. What I'm proposing is a People's Pub Partnership. Putting pubs at the heart of the community.

[@DrunkDelilahBrewery]

@@DanielEdwards- I agree, these are the sorts of people that should be ministers or advisors to the PM and cabinet. I have long been an exponent of reducing the number of MP's, vastly increasing their pay but limit them to the job at hand and only that. Not allowed to have conflicts of interest and MUST be qualified to work in industry at a level of equivalency that the Minster / Advisor role would require.

[@sciencefliestothemoon2305]

​@@shadowofmyfutureselfpolitics would be very different if people like Gary and Lynch are in there at the same time in positions of decision making. Also a reason why politician should have certain quotas for "what is their experience in the real world and training". Too many lawyers and hustlers are being votes for. Need more engineers, statisticians, Lynch's and so on. And a mandatory psych test to weed out the sociopaths, psychopaths and narcissists. People forget democracy only works if you get capable people in. Otherwise a country can just go for a philosopher king.

[@declanquigg6343]

It will be interesting to see what Torsten Bell does with labour. I heard him mention inequality being a major problem.

[@phocion546]

Some years ago (long before covid) the ECB did a study asking business owners what where their problems. Unanimously, the answer was "not enough demand". And it's not that hard to understand, you could even say it's common sense. And what hit me is that nobody cared and politicians just acted like the study never existed: government continued to cut on spendings, to destroy whatever right the worker still had, and basically did everything that hurt demand even further.

[@ruffey1748]

Gary drops these videos on Sunday mornings like a sermon from a pastor 😂 I'm a British-Ghanaian, and Ghana is horrendously unequal, poor, and the real estate sector is booming. The apartments being built are small in comparison to traditional Ghanaian homes, and start at $50k. Increasingly, the home owners in Accra are diasporans like my family, renting to local people, who are totally priced out. My relatives went to Ghana to work for think-tanks and paid nothing in Ghanaian income tax. Nothing works in Ghana, nothing. Even with an income of £40-50k, you're struggling for everything, because the infrastructure is awful. No water for days on end, you rely on a poly tank. You need a generator for electricity. My sister was electrocuted because there was a surge in the local grid that is poorly maintained. There's no proper road in many places. British people today have no idea what awaits them if they allow inequality to cannibalise their economy.

[@crayontom9687]

Not to mention the rampant corruption. That’s the price of creating a society in which everyone struggles - people have to do whatever they can to make ends meet

[@ruffey1748]

​@@crayontom9687 The corruption is self-fulfilling. It fails to create a tax system on the wealthy and foreign corporations, it sells off public wealth to the rich, and so you have to pay bribes to get anything administered. That's more money ordinary people don't have. The entire public asset list is funded by loans, the contracts for investment into it, are stolen away by the governing class, leaving holes in infrastructure or a bribe for access system. Huge gobs of IMF loans sit in Swiss bank accounts. It's starting to happen in the UK as well. COVID corruption scandal with PPE etc.

[@leonhenry4861]

@@crayontom9687corruption is rampant everywhere, not just African.

[@shabbos-goy9407]

Bring 3rd world to uk and it becomes a rubbish tip.

[@hilaryporter7841]

Terrifying prospect, we are already seeing that downward spiral of economic hopelessness.

[@belljoe]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[@smithlenn]

I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.

[@Patriciacraig599]

Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@latanyaconlontl5849]

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single year for the first time. This success reinforces the importance of the advicmonth e mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

[@smithlenn]

Fantastic! Can you share more details?

[@latanyaconlontl5849]

was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.

[@Neilhuny]

This video - and EVERYTHING Gary has put out - should be shown in every school, before every film at the cinema, as a series on a major British TV channel (and elsewhere), at *ALL* political party meetings, in the Women's Institute ... everywhere

[@sssssssshes]

Spot on. Culture as a Major device for Real growth, not a capitalist consumer strategy. Let people think, do not guide to a predetermined goal, just let people think, and show facts, true facts, give people the opportunity of realize the disguise that capitalist narratives are hiding.

[@andy_ppp]

Always look forward to these, to the point where I know they come out at exactly 9am on a Sunday 😂

[@Unknown-l1q]

So many bots saying people are to blame. Typical gaslighting by media, greedy and corrupt.

[@MF_Omar]

I’m not confident we will be able to convince the rich to tax themselves. Unfortunately, rarely does revolutionary change occur without a revolution.

[@Unknown-l1q]

Revolution or things will get worse. Not everyone realises how bad things are gonna get. People need to unite and stop falling for race and class dividing tricks.

[@ColaSpandex]

According to R2's calculations the probability of the rich taxing the rich is 0.00000001 😔

[@Unknown-l1q]

People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.

[@northernking2604]

You cant make an omelette without cracking a few eggs

[@Decapitorr]

true, greed is a hardwired in our brains though evolution

[@lauraholland347]

A very simple explanation of what has been happening for years, and the reason why hundreds of investments by government and investors don't work, I have found the same thing investments which make things to sell no longer work, loads of stuff like technology and AI are thrown at them, to cut costs , but they fail because there is not a big enough customer base.

[@skippythemagnificent8103]

That last line should be on a t-shirt ' Tax the rich more, tax working people less and, save the ... future !', thanks Gary : )

[@markbailey5393]

This should be something. Profits should be going to educate people more.

[@corvus1238]

Do it! I'll buy one.

[@skippythemagnificent8103]

@@corvus1238 Gary's merch' I would buy 2

[@bobhill4364]

Better yet. Tax everyone less.

[@doctormo]

@@bobhill4364 1/10, please review material before submitting homework.

[@hal94]

Read your book on an 8 hour flight nearly in 1 hit! Incredible read, best book I have read in a long time arguably ever... Keep doing what you're doing.

[@ColaSpandex]

I heard Gates and Buffet say effectively the same thing a few years back, following the 2008 crisis. But this is a better, more detailed explanation. Good work mate.

[@WarrenPeaceOG]

Imagine if we collectively used the financial super powers of the state to invest in productive infrastructure and services instead of waiting for rich people and banks, who are on the whole, both investing in already existing assets and ignoring the productive economy

[@curmudgeon1933]

Gates and Buffet are quite willing to give lip-service to these ideas, while simultaneously lobbying hard to maintain the status quo. Using their money and influence to stifle any attempts at real systemic change, while spouting platitudes and sound bite on TV and at Davos, gives them a false claim to plausible deniability, and deflects the anger of the masses onto other, usually spurious causes of inequality...such as immigration, the wars in Ukraine and Gaza, market forces, China, Covid, etc., etc.

[@ColaSpandex]

@@WarrenPeaceOG I am with you. Except I am all for cutting the state out of the equation too. Not completely. The state can play a role. But so can individuals. I'm basically talking about a diverse approach. There is no guarantee that the state will always work for the masses. It seems like the exception rather than the rule. You know?

[@markwelch3564]

​@@ColaSpandexI want to see it done through governmnent, but more regionally and locally, rather than all in high chambers The important thing is to do it democratically, so it works to give communities more productivity rather than giving a narrow few maximum wealth

[@ColaSpandex]

@@markwelch3564 Have you heard of the Preston Model?

[@jbock2753]

Thanks for translating this stuff for us Gary. Everyone needs to subscribe, like and add their comments. Share this content with your networks on facebook, Insta, X. We need to cut through the mainstream establishment BS and educate ourselves.

[@EverlyndPerez]

I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I’m just here for ideas

[@Theresaa12]

At a point like this, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

[@A_francis]

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@Debbie.Burton]

in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

[@A_francis]

*Sharon Lynne Hart* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@benitabussell5053]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@ceciliabrown3301]

Thanks, Gary. As always, clear and straight to the point without fluffing (like our politicians tend to 🙄🙈). 👏

[@woodencreatures]

Share this everywhere

[@Unknown-l1q]

People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.

[@johmsmith9496]

​@@Unknown-l1q Great idea, but guess who owns all the means for stopping ordinary people from doing this ?

[@andersk]

​​@@Unknown-l1q Just use your vote. Reform UK are promising to raise the minimum tax threshold to 20k, that's the definition of abolishing tax on the poorest, vote for them on July 4th

[@markwelch3564]

​@@anderskI approve of taxing low earners less. Will Reform balance this by taxing the top end more so we don't see another Truss moment?

[@Unknown-l1q]

@@johmsmith9496 if everyone stopped working and protested tomorrow. You would see change. Even 5 million. Every town, city and community need to stand up for what is right.

[@Tom_Roberts]

" If you just focus on growth without focusing on distribution all you do is advance towards slavery at a faster rate." . One of the most important economic and social statements ever made in a capitalist society.

[@tom.bailey]

We need people like Gary in government, someone that actually knows what it’s like to be on either side of the equation so we can build a more balanced economy that serves more than just the super rich

[@Suedeash]

Unfortunately we won't get that, but one can dream...

[@caitis1091]

Hey Gary, if you started a petition, I'd sign it!

[@fionahenderson3352]

Me too

[@ColaSpandex]

This sounds like an idea. The problem for me is this... Why are we relying on politicians to do something? Chances are that our petition would end up in the bin.

[@Unknown-l1q]

People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.

[@JoButterwick]

@@Unknown-l1qThis is most likely the reason why the Tories push the culture wars.

[@iborass]

This is what i was thinking about. He convinced everyone who was listening to his videos.

[@MartinParnham]

This is a similar reason for why capitalism doesn't really work for the provision of public services. Capitalists want to monetise it and the only real focus is whether something is profitable or not, the outcomes or results are secondary at best. The public sector tries to focus on value for (tax payer) money and that is generally measured by the outcome or quality of service provided. In other words, capitalists don't really care if something is crap as long as they are making money off it.

[@alexanstruther203]

Two questions: 1. How can any one country deal with this problem when the rich can move so easily between countries? 2. How can people with time to spare get involved? Can I volunteer with you, or an organisation you think is doing this work well?

[@ianredfern9168]

Tax goods/services where they are purchased not where company is based

[@ColaSpandex]

1) Well according to Gary... The only solution is taxation. But I disagree. I think there are other ways around this where borders and jurisdictions are less relevant. 2) I am thinking the same thing. Maybe we should put our heads together.

[@ianredfern9168]

@@ColaSpandex historically tax has been the answer see Roosevelt / clement Attlee

[@JW-is2zm]

Universal imposed taxes… not possible due to governments sponsoring global disunity in the name of preventing this very thing

[@Chipchap-xu6pk]

The problem is hoarded wealth. Taxing goods and services taxes everyone, especially the poor. Rich people don't spend proportionately more. We need to tax wealth, not consumption or work. The only way is either global collaboration, which is unlikely, or countries refusing to accommodate those who have not paid their share. We shouldn't let non-doms own property here unless they pay wealth taxes here.

[@MrGavinBoyd]

We’ve had Thatcherism since 1979 which serves the interests of the (mainly overseas) wealthy. The problem with Thatcherism is that you eventually run out of assets to sell to overseas investors so that they can rip off British consumers.

[@andrewfox7861]

I have had this argument many times about the fixation on inward investment from overseas, if you look at all the gold, diamond, lithium mines etc all would have been invested in by big companies, the population around these resorses are poor, even in the UK overseas investment are just removing wealth from our citizens, it's rare anyone investing money is looking to benefit others, great video Gary, thank you

[@aries6776]

They rarely invest and contribute to the economy. They tend to asset-strip our resources. Just look at Thames Water as an example. Take out profits and don't do any maintenance.

[@_Fadedpolo]

look into the camera more, especially in the first 120 seconds of the video to drive engagement past common engagement drop off points. Keep up the Good fight, we are here behind you. always.

[@tommypd]

Gary, love the channel. I think the below books address your concerns really well, and help highlight root causes: Johan Norberg - A Capalitalist Manifesto - in defence of global capitalism. Lynn Alden - Broken Money - why our financial system is failing us and how we can make it better. Without addressing real root causes, we're just beating around the bush, and probably just making it worse 😅

[@chessgoalsyt]

Just read your book Gary, sounds a bit cliche but it's actually life changing. One of my favourite books now!

[@markturner5534]

The economy is asset geared because its the most collateral based secured lending for private banks, if they lend money and the borrower defaults then they take the collateral, which is far more a secure form of lending and low risk than lending for high risk lending towards industry, which leaves far less collateral upon default - rich folk simply exploit this preferred low risk lending strategy of private banks, and the only way it changes would be for government to intervene in targeted private bank lending - which no government would have the balls to do in the UK.

[@charliesalmon7031]

I think a useful video would be looking through each major parties manifestos and the economics of them. green was the only one I could find that said it would implement a wealth tax (1% on >10Mn, 2% > 1Bn), I feel that it is the only party that will actually implement structural economic change as labour seem to be "conservative light" at the moment. But a video with someone extremely knowledgeable of the UK economy breaking down each parties manifesto and the impact of them for voters that aren't going to sit down and read 120 pages for each would be extremely helpful.

[@smellypunks]

One investment the government could make is to build more social housing (100,000 a year would be good build rate, currently 40,000). Another one is to insulate houses (300,000 would be a good rate, currently 20,000). These are government investments that would make a real difference. Total extra spend need per year, for both investments, about 12-14 billion.

[@FrankMOrtiz]

This video provides a lot of supporting arguments for Universal Basic Income and Modern Monetary Theory. Together, coupled with land value taxation, they make rich people unnecessary.

[@Unknown-l1q]

They want everyone like slaves, Gary knows it as well.

[@Nateknighty]

I've saved about $150,000 this year and want to invest in stocks for high yield returns. What is the best investment strategy for this goal? i heard NVIDIA is a good buy right now

[@CadeCowell-ft4fe]

The market is wild right now! Whether you're a newbie or an experienced investor, I believe you need to contact an advisor to guide you with your financial decisions

[@MalikTillman-dy2qp]

As a contractor with limited time to analyze investments, I've relied on a fiduciary for the past seven years to manage my portfolio. This strategy has helped me navigate market fluctuations effectively and also increased my porfolio by up to 300%. You might consider a similar approach.

[@Oliviathe17th]

Could you recommend your advis0r? I'll be happy to use some help with my portfolio management.

[@Izzobird]

This is definitely considerable! think you could suggest any advisors I can connect with? I'm in dire need of proper portfolio allocation

[@Oliviathe17th]

Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

[@CNCN123]

I would love to see you make a video about offshore, trust funds and other tax "loops" that allow people and companies to not pay tax, in particular large companies. Love your videos keep up the good work!

[@mitchelk.3682]

I think it is important not just to tax the rich, but especially to punish the greedy and spend the tax money well. Research has shown most people are only mad at high taxes if the money goes to the wrong pockets. Right now, if I am rich and pay a lot of tax, that money will just go to my rich neighbour, that is providing something at an astronomical price to the government, because lobbying gave him the deal. (side note: I am not rich :[)

[@gayitridevirana.-ho7wt]

Got in at AMS27T at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.

[@annliu5096]

India is a good example of this hunger game city. Extreme inequality.

[@5353Jumper]

And this bring the question are countries like the US or UK moving toward Norway or moving toward India?

[@1bridgestone]

Great channel Gary, and great book!! Keep up the great work!!! EVERYONE SHOULD BE LISTENING AND WATCHING!!!!

[@75jdavid]

keep up the important work Gary!

[@zanemcleod4099]

We have people in government applying one idea to their personal finances and the opposite idea to the nation’s finances

[@chrishart8548]

You would do the same in there shoes

[@andersk]

Reform UK are promising to raise the minimum tax threshold to 20k, that's a seriously good policy, noone else is abolishing tax on the poorest like that

[@5ynthesizerpatel]

to be fair, because personal finances and government finances do not operate in anything even remotely like the same way - and in many ways operate in the opposite way to each other, it's actually a really really really good idea not to treat them in the same way. Don't forget that people were convinced that the total failure that was Austerity (a policy that has never once succeeded in its aims in the entire history of mankind) was a good idea because they were convinced that personal finances and government finances DO work in the same way.

[@zanemcleod4099]

@@5ynthesizerpatel Fair enough. I was more thinking along the lines of the mass sell-off of government assets, leaving the taxpayer without much to show for their cash outflows while the wealthy politicians increase their asset holdings

[@jamesmilani3891]

​@@anderskwhilst they privatise healthcare, schools and lead us down the road to USA (which is almost a failed state unless you are rich enough to stay in a few places)

[@donnnaread6947]

Good Morning , again many Thanks for you time and expertise ,x

[@theenglandyoda]

Austrian economics has a better insight I completely agree that the over financialisation of the economy is terrible, it puts the incentives to invest in the stock market not the real economy However, having unsound money (i.e. QE / money-printing) drives up these asset prices while reducing the purchasing power of the working or middle class. Taxing the rich is just a cathartic escape. We need to change the whole system and have a return to SOUND MONEY Look at communist systems: they taxed the rich but did not become more equal societies. Instead a top elite gained all the resources!! Capitalism with sound money and a plurality of small and medium sized companies would give a far better result

[@knobfieldfox]

Quantitative Easing does the same thing. When investment funds and banks sell their gilts back to the government, they use the money to invest in other financial instruments. Investing in startups snd new businesses requires a lot of due diligence, so it’s easier to just to speculate in already existing assets which pushes their values up. This is known as the wealth effect and in no way does it increase productive capacity and create jobs in the economy.

[@AIJimmybad]

There's 3 ways to increade GDP. Productivity increase, population increase and debt growth. Debt growth is the driver these days. Increasing debt is robbing future workers. FIAT system on its last legs.

[@crayontom9687]

Hi Gary, this raises a very interesting point. Most normal people are poor but as poor people tend to spend their money on goods and services, I would have thought that rich people would want poor people to have more money, because as those who control the provision of goods and services surely it’s in their interests? I wonder if rich people have become so greedy and myopic that they can’t see the bigger picture?

[@zeniqz5422]

i think eventually as people get poorer and people have less disposable income and so businesses will have their revenues decrease and rich shareholders will then maybe open their eyes but who knows.

[@ninjadudeofficial]

The rich seem to mostly do well enough in extremely unequal countries, so clearly ordinary people having wealth isn't needed there

[@TooRichAndSuccessful]

Gary already explained that B2B and luxury services i.e. serving the rich is where the businesses thrive. You have to think of the economy as a whirlpool, the rich are at the centre where the highest velocity of money flow is at and the poor are at the circumference where velocity is low.

[@tru7hhimself]

that's built into the system. if you're a shareholder you want to see the value of your shares go up. if they don't do that now you'll take your money elsewhere. if you're a CEO you have to make more profits now. if you don't you'll have to get a job elsewhere and miss out on your bonus. that's capitalism at work. if profits don't rise for businesses as a whole, there's an economic crisis. so if we did what gary proposes we'd probably see a repetition of 2008. the only way out i see is to give ownership of businesses into the hands of the people. be it the people who work there or the state, it doesn't matter. we wouldn't even have to do away with markets. just taking the those assets back solves the fundamental problem.

[@TooRichAndSuccessful]

@@tru7hhimself But then you run into the philosophical issue that no-one has ownership over anything if the government has the ability to seize ownership and allocate it to whom it sees fit. If you want to pay employees in stock/equity that could be an idea but likely unfeasible in most cases (company would have to be publicly traded in the first place as well). My question to the working class is why do you want to participate in an economy that is rigged against you in the first place? Look back to Oklahoma before 1921 where they had Black Wall Street, a thriving self sufficient business district that had the black dollar with its own intrinsic value. If the economy is a whirlpool with the rich being at the centre of high velocity money flow while the poor are at circumference, why play the game that is low yield and slower? The upshot of all this - you have two options: 1) Participate in the wealth economy and build goods and services that rich people demand. 2) Reduce the scope of the economy and heavily localise it towards your own towns and areas. The biggest challenge the working class face is not poverty but high speed consumerism. If the working class can move away from the instant gratification culture that the media has indoctrinated them with and take initiative to build up local businesses while rejecting the establishment, you can make some serious change. If people can collectively mobilise to support local produce and undercut the supermarkets, that's how a local economy is built. It may seem difficult but that's what technology is for! Edit: Spelling error.

[@Midland_Wolf_71]

THIS is a good one…… I often feel these can get a little retentive but this one simply NAILS IT….. Share to your networks, raise the understanding

[@philipoakley5498]

Also needs to touch on the idea that "Money is trust/promises" ('In god we Trust' & ' promise to pay the bearer' on various currencies), and how that doesn't apply to rich people/ assets.

[@mf9596]

"You are poor!" Thanks Gary, appreciate that. Looks around. Yes now that you mention it I think I got the message. I say this because its funny, but I appreciate your insight.

[@archkod]

Tax the rich 👏👏👏Vote like your life depends upon it. It does.

[@neilcameron434]

How can you vote in this general election to tax the rich? Who's promising to tax the rich?

[@willdavies687]

@@neilcameron434 The Greens

[@reecebatts2]

@@neilcameron434 currently greens are the only party who have said anything about taxing the rich to redistribute wealth.

[@rhinoboy6603]

@@willdavies687yep. They won’t get in obviously but this needs to be the party of the future I think. This election they could get more seats if people vote in the right areas, and if they can grow enough next election they may have more of a chance. The snowball needs to start here

[@jonno946]

The Greens think anyone learning over £50k is rich

[@mattsennett]

Strong but very true words Gary. Keep up the fight 👍🏻

[@Ankit_UK]

Bang on! Also wealth & capital gains should be taxed more than productive work.

[@markquarrington5001]

I believe that the rich have moved from investing in existing assets rather than investing in growth because most companies have so few actual assets, their worth is now in their potential income from future sales. Companies being valued on this has resulted in them being way overvalued and always in danger of collapse. I bored my friends predicting a crash in 2007-8 but was proved right. I believe that there is a massive stock crash coming in the next couple of years when the value of companies cannot be talked up any further and investors start to realise how little worth they actually have. This along with reduced spending power being available to provide future income will be the main causes.

[@zombiehunter170]

another excellent video, we are poor

[@Unknown-l1q]

People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.

[@andersk]

Then vote ReformUK, they're promising to raise the minimum tax threshold to 20k, this is as close as it gets to a party wanting to close the wealth gap and empower the poorest

[@dieuetmondroithonisoitquim338]

You are poor. I'm not

[@intochill]

Taxes on the rich will never happen while current banking and corporate laws exist as is. It’s the first line of defence to hide wealth from taxes.

[@andersk]

Reform UK are promising to raise the minimum tax threshold to 20k, this is as close as it gets to a party wanting to close the wealth gap and empower the poorest

[@aries6776]

@@andersk Which has what to do with a tax on the rich? Only the Green party are proposing to do that.

[@silvafox7719]

@@andersk I'm sorry mate, please look into what Reform really are. If your threshold goes to 20K but your bills go up, your rent or mortgage goes up and your cost of food goes up you're no better off, you're worse off. They won't alter taxation on the rich. Listen to Richard Murphy on here, he's a tax professor who can explain why none of the political parties will save you, and how to change taxation so that the rich pay more. Only the Greens are proposing tex reform, but they got 865,000 votes in 2019 and only got 1 MP. The whole system needs to change. Keep reading, learning and don't fall for Farage, he's a snake. Brexit has already done more damage to the UK than Truss did, and she did a lot of damage in 49 days! (your rent or mortgage went up due to her policies)

[@tiddlypom2097]

Another amazing video! Clear and concise. If you wrote an economics text book, I'd buy it

[@davidmccabe4041]

What a clear but simple lecture in economics. i have been an active stock exchange investor for 60 years giving away 10% of my profits each year...titheing.....but Gary,s views are spot on. Well done. David McCabe dublin

[@kobulu231]

Thanks Gary 🙏🏾

[@Alex-cw3rz]

3:15 housing has the same issue and is one reason the rich buy existing housing stock, because the return on investment per square metre is better in an existing building, rather than building new.

[@aries6776]

And property developers don't want to build truly affordable homes because the profits are not there. That's why we can't rely on private development companies to solve the housing crisis. And they purposefully slow the rate at which they build them to keep supply lower than demand, again to maximise profits.

[@waterboy2602]

Gary you are awesome! I have been thinking about these topics for some time and you provided a simple summary. One area of confusion I still have is the example in the UK after slavery was abolished where people were given huge amounts of money. Didn't many of these individuals invest this into canals, infrastructure that ultimately eventually led to a more positive outlook. Why can't rich people do such a thing today?

[@kit-ja]

Congratulations on your channels recent growth man

[@DeputyChiefWhip]

Tax assets more, tax work less!

[@kevinsyd2012]

Easy to say "tax assets", impossible to do fairly and effectively

[@kevinsyd2012]

@@L_ABRAM CGT already exists, but is only effective if an asset is sold and if a net gain is made. The wealthy store their assets in Trust so they do not own them therefore you cant tax them.

[@Michael-os1zd]

It sounds like the UK needs mass micro-financing to create a consumer base and low level commercial enterprises. (Like India)

[@lecorbusier3827]

This is a very good idea, the same approach has also freed many countries in central africa from loans with usurious interest rates in recent years.

[@seanbyrne2220]

Well, impressed with your video.

[@Capped-virus]

Cheers Gary. Trouble is that whenever someone makes money, others have to lose money. Who lost out when you made all your money? Me - give it back 😁

[@DarrenReidAu]

This is a banger of a video and cuts through to the meat of the problem, awesome work! ❤

[@hilaryporter7841]

I haven't heard one politician from the main parties talking about wealth redistribution methods in this general election. For the sake of that one issue alone, absence of wealth redistribution political aims is the reason we must not vote for the main parties. The main parties 'one direction' plans mean the people can only get poorer, there can be no turn around.

[@reecebatts2]

i think the greens have spoken about it

[@oaga71625e]

They all serve the same leaders

[@user-hp6ls8qy6d]

That's because like it sounds like Marxism and also because the main parties work for the WEF. Expect ZERO change whoever gets in.

[@user-hp6ls8qy6d]

@@oaga71625e Exactly.

[@user-bi7vj8kh2j]

Wasn't the Doomsday Book a book of wealth? It was based on the Great Survey. The survey's main purpose was to record the annual value of every piece of landed property to its lord, and the resources in land, labour force, and livestock from which the value derived. That's wealth. So the taxation was on the lord's wealth. The taxation was not based on the lord's income. The taxation was not based on the lord's expenditure. So what Gary is proposing with a taxation on wealth is traditionally British, albeit going back to 1086 AD and the times of King William the Conqueror.

[@6thhistory]

As an absolute beginner with a tiny starting fund (about 200 quid) how would I go about investing in commodity futures and asset futures?

[@philipharris2319]

Great video Gary 👏🏻👏🏻🤞🏻

[@Despairnot]

👍👍👍amazing content.

[@chester754]

I can’t lie Gary, I worry for you. You’re educating people about what’s really going on and I worry that those in power see you as a threat and take steps to silence you.

[@secretstacker]

So glad you made that hunger games reference... I remember commenting after another vid about that... Thanks for sharing another great vid

[@timwoodger7896]

Reminds me of the story about Henry Ford who realised his workers couldn’t afford to by the cars they were making so he doubled their wages and not only could the workers afford to buy cars ( which upped Ford sales massively) but also had money to buy other goods and by doing so other businesses sprang up and the towns economy grew. More people having more money grows the economy but what we have now is just parasitic! We have been taught to idealise wealth and greed to the cost of society and it needs to stop! Before we really do end up living in the hunger games.

[@keithparker1346]

I used to work in Waitrose and it was very common that most people did NOT shop there even with a staff discount...too expensive

[@poulhenne]

@@keithparker1346 : Yes, just like chinese women making your iphone, they can’t afford one for themselves. Slavery is the best word to describe it.

[@andersk]

Yep, and that's why I want ReformUK to win, they're bringing the min tax threshold up to 20k, that's a lot more money in every working class pocket

[@kuarrajyadav]

BRETT, TURBO, AMS27T and JASMY, cryptos will make milionaries in the end year

[@leviathon2]

I’ve got some magic beans here for sale. Hurry up, selling quick!

[@BonhartofEbbing]

Gary, Mate, using the word investment has brought all the bots out the woodwork

[@allseasons765]

Gary, I hope you read this cause I'm really interested in your thoughts: IF you increase taxes for rich, those rich people might just decide to "leave" UK, at least on paper with their investments and assets to places with lower taxes or all together, e.g. in the US. Which in turn might prove to be even worse, as they'll leave with all the money and stop spending in UK. What is your counter-argument for this?

[@AnitKumar-dd9ns]

Hallelujah!!!!!!!!!!! The daily Jesus devotion has been a huge part of my transformation. God is Good 🙌🙌🙌🙌🙌🙌🙌🙌🙌was owing a loan of £47k to the bank for my son's brain surgery(Samuel). Now I am no longer owning after I invested £6500 and got my payout of £290k every month, God bless Sandrina Edmondson 🇺🇸🇺🇸🇺🇸

[@GurusharanDas]

Hello how do you make such monthly, I am a born again Christian and sometimes I feel so down 🙁of myself because of low finance but I still believe in God.

[@GurusharanDas]

Hello how do you make such monthly, I am a born again Christian and sometimes I feel so down 🙁of myself because of low finance but I still believe in God.

[@AnitKumar-dd9ns]

You'll surely reach her

[@AnitKumar-dd9ns]

she's active on What's app

[@AnitKumar-dd9ns]

美國 十 𝟭𝟴𝟮𝟴𝟯𝟱𝟭𝟭𝟳𝟰𝟯👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️ 十 大家大家大家大家大家大家大家大家大家大家 copie desta forma O KZbin é frustrante

[@DanVerde]

I like your Hunger games analogy. How many poor people still vote for tax cuts to the rich, thinking they'll be the winner of the game, and climb on the dead bodies of his fellow man to get into that rich, juicy city where the rich live.

[@mette0111]

Great video. Thanks for the insight and clarity.

[@anthonydutton7200]

I realise I may be part of the problem as I invest in the most successful companies to make a higher yield. I now see the idea behind labours British energy company. Top stuff Gary. Did Caleb ever contact in the years after you left?

[@TiberiusWorld]

Unfortunately it will never happen Gary... I fully agree with you and appreciate your videos... Thank you.

[@lesleyrobertson5465]

Sadly I agree. The line has been crossed and heading towards a doomed end game

[@billB101]

On a personal level there's nothing stopping people investing here. Especially if you're young. Put a small amount of money away each month using an app like trading 212 in say an ETF like Vanguard S&P 500 or FTSE all world fund fund, just keep adding to it and leave it alone. By the time you're 50 ( believe me it'll happen faster than you think ) it'll be a decent nest egg. I wish I'd know this when I was 20 to be honest.

[@kinggeoffrey3801]

Agreed. I'd be very comfortable now if I started 20 years ago. But financial education in this country is none existent. Better late than never though.

[@ColaSpandex]

I'm glad I'm not the only one who thinks we can address this at the grassroots level instead of relying on governments. We can also stop using Amazon etc. There's actually a lot we can do.

[@billB101]

@@kinggeoffrey3801 Financial literacy is purposely not taught in this country, the wealthy don't want us to have any piece of their pie.

[@FredAF]

I agree that we can create a better life for ourselves by being smart with our money, putting some money aside to invest on a monthly basis since young and control our expenses. But that doesn’t solve the problem that most of the population is not educated enough to know how to invest and doesn’t have time to learn or can’t spare 50€£ a month because they need to buy food instead.

[@keithparker1346]

​@@ColaSpandexyou say use Amazon less what alternatives are as cheap? Unless you're going to give me the price difference I'm going to ignore you

[@MattTucker]

Here in Australia all of our tax incentives vastly promote the buying of existing 'things' whether that be housing or business etc. I recently started a small manufacturing side business that lost money the first 18 months. If I had bought a house with that money I would have provided no benefit to the economy in any way but I could have claimed all the losses against my regular income as a tax offset. But my business I was trying to start didn't have the same tax treatment unless it had made money for the previous 3 years (when it didn't exist and also what manufacturing business makes money straight away??!!) so where is the incentive to invest your hard earned post tax dollars in creating things? Absolutely crazy

[@jameslodge177]

Love to hear your views on Mr Starmers on wealth creation @Gary objectives, please tell me your consulting.

[@jorawarsingh9019]

Forget Shiba and Dogecoin. The next Bull runner gonna be AMS27T

[@leviathon2]

Mate, you are a waste of space. Your mum must be proud.

[@deputyvanhalen6386]

I'm sticking with R2D2 and C3PO...never touched BB8.

[@TheOnlyToblin]

​@@deputyvanhalen6386seriously underrated comment right here.

[@kimemia_maina]

​@@deputyvanhalen6386 Gonk!

[@thevitrivius9010]

Amazing video!

[@MrEastsidejamie]

You are a genious to be honest

[@flippy66]

The more I read the Labour election pledges and see how they are not AT ALL addressing the basic problems of our current economic policies, the most I see that I am politically homeless. Gary for PM.

[@MikeStillUK]

I’m no Elon fan but at least he has produced something. Also he doesn’t have a skyscraper.

[@rhythmandacoustics]

He didn't produce. He took over the company. Tesla was not started by him. PayPal also was not started by him. It was started by Peter Thiel and his friend. Solar city also was bought from someone.

[@CertifiedSlamboy]

And done it with massive handouts from the government.

[@CCP_Operative]

Degrowth would be an interesting topic to cover. As a young adult and deep supporter of free markets/capitalism I don't want more stuff or services i.e. GDP. Id rather have more free time through automation.

[@ColaSpandex]

Why would automation mean degrowth? The age of steam saw huge growth. The real limit is energy. We would need a robot tax but you could go fishing seven days a week.

[@keithparker1346]

Didn't Marx think that we'd opt for the less working hours with automation but we've decided to chase ever more stuff

[@fidomusic]

There is a Japanese Marxist, Kohei Saito, who says exactly this.

[@CCP_Operative]

@@ColaSpandex. What I mean is suppose we need £20,000 of goods a year a person to survive. We can achieve that £20,000 using less labour and more automation. Whereas what we have been doing is using more automation to produce more (unnecessary) stuff.👍👍

[@CCP_Operative]

@@keithparker1346 I've heard that idea before. It's clear that a large proportion of the population will overwork themselves so they can indulge in material trinkets and tat😂more fool them

[@James-lq1po]

Gary for PM 🙋🏻‍♂️💪🏻

[@James-lq1po]

@garyseconomics1 not buying your onlyfans bro

[@nickhayden860]

You'll own nothing and you will be happy. People laugh but you just described the plan in motion to achieve just that.

[@chrisyates2591]

Bravo G. Keep going.

[@karolsurwilo1838]

Hi Gary, have a nice Sunday

[@audreydupuy2628]

He's the type of guy who should speak at Davos....but they wouldn't let him ....

[@connerblank5069]

This might actually be that one singular time where a simple econ 101 intuition actually serves as good explanation. If you buy an asset that already exists, the supply goes down, the demand goes up, the price goes up, you have made money. If you invest in productive capacity, the supply goes up, the demand goes down, the price goes down, you make less money. It's a very silly incentive structure, honestly.

[@mradeelmirza]

Who you gonna vote for Gary?

[@Paulie44]

Probably neither of the two big parties. My reasoning is thus; Insanity is defined as doing the same thing over and over again and expecting different results.

[@mradeelmirza]

@@Paulie44 yes, that is a good Einstein quote and one i often too use when describing the madness of our politics. Independents or Workers Party is the only way to save our Country.

[@peterburnett1661]

First we need to get rid of the Tories, so holding my nose I will vote tacitly. Then we work on getting PR so parties like the greens get a bigger influence.

[@matt96533]

Greens at least are talking about wealth inequality and potential wealth tax. Tories don't care about the working class. labour are clueless about what the problem is and don't listen to Gary's message

[@mradeelmirza]

@@peterburnett1661 Good luck Peter. I hope you make the right decision. I don't trust any of the mainstream parties. Look what the Greens have done to Germany. The Country is finished and the Greens have actually made Germany go back to using Coal... Also, they called Corbyn an antisemite, which means they too have been corrupted by the Devil Zionists. Voting "tacitly" doesn't make sense as we just build the US system of two parties. We have to break the shackles of corruption.

[@JACKSAROWW]

Gary why are you not getting into politics and helping resolve the problem? When you understand it at a high level?

[@dalskiBo]

I want him in politics too. He would do some good 👍.

[@ProfoundFamiliarity]

Is Gary interested in solving the problem or does he only want to make money from inequality?

[@archvaldor]

The problem is that the the second he joins a political party he loses everyone who doesn't support that party. This way he can maintain support any one who is concerned about wealth inequality regardless.

[@davegubbins4428]

see what the uk news media did to corbyn? years of lies pumped from every outlet. that may be why.

[@meala23]

Would you want to be a politician? Not many people would enjoy that job... It looks like a super stressful, frustrating field to work in for anyone with even a slightly caring, conscientious nature. Gary doesn't have to do anything that he doesn't want to do, does he? 😉 Plus, as others have pointed out, Gary doesn't want to be partisan at all. He wants to build a huge public understanding of economic inequality, so that regardless of political affiliation, regardless of who is in government, we all put pressure on all governments worldwide to change global economic policy!

[@SarahMcCartney4160]

"Tax the rich. Save the fucking future!" is going on my next t-shirt. Thank you, Gary.

[@LauraoAirylea]

Here in Toronto wealth concentration is very stark. It's either very nice and expensive, or disintegrating squalor. The property taxes pay for public services. Funds concentrate in areas with a lot of property owners. Where there are abundant rental units and apartment buildings there has been no infrastructure improvements or investment in decades. Where services are desperately needed and could really benefit a lot of people, that money goes instead to high-end neighborhoods where people get more resources than they will ever actually use.

[@markwilson4652]

I watched farage saying the reason we dont have the money for docters, and local services is due to migration. You need to explain to him about wealth inequality!!!

[@MrBizteck]

Oh he understands completely..hes just a liar and a fraud.

[@keithparker1346]

Ironically he's partly correct. We are exploiting immigrants

[@poulhenne]

Unfortunately a lot of people buy into the immigration-lies, and they would rather be poor as long as no migrants get in. Wasn’t that the whole point of brexit, even though they could not say it out loud? Everyone knew brexit would be really expensive.

[@CertifiedSlamboy]

He’s not stupid. He’s just a lying bigot