Why our obsession with money is keeping us poor (and why changing interests rates won't make us richer)
The economy is made up of real resources, and the people who produce and own them. Money is different. Money is supposed to represent these real things, but it often fails to. Focusing too much on money – and interest rates and monetary policy – blinds us to how the economy actually works. Gary explains why this is so important if we want to change anything.–––––––––––Support us: we're making progress in our campaign to convince MPs and the public to tax wealth not work. Gary's been meeting MPs, Lords, political influencers, broadcasters and heads of think tanks every week – and momentum is growing behind wealth taxes as we head towards the autumn Budget. We need your help to keep doing this work. Support us on Patreon and you'll also get exclusive access to live Q&As with Gary and early access to content. All donations go to our not-for-profit company. Thanks:https://patreon.com/garyseconomics–––––––––––Chapters(00:00) Intro(01:47) The obsession with interest rates(03:56) How monetary policy failed in 2008(06:05) Know your medieval history(06:55) People confuse money for real resources(07:24) Money printing during COVID(08:20) Why don't we just make more money?(10:21) You need more real resources(11:27) Redistribution of resources(12:46) Money is different for the individual and the state(13:24) Resources are rapidly flowing to the rich–––––––––––Further resources to understand money:'What is money?' https://www.youtube.com/watch?v=_gcNMu40jqs 'Burning money' https://www.youtube.com/watch?v=lYjKycq0CYI'The devaluation of money' https://www.youtube.com/watch?v=So484-4VbxI
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Is the economy destroying our mental health?
Worsening mental health outcomes are often spoken about as if they are the fault of the individual, but is insecure mental health a natural outcome of an insecure economy?And does the feedback work both ways - insecure economies cause people to be scared, easily manipulated, and individualistic, which prevents ordinary people from uniting and fighting back as a class?Also a little on my own historical struggles with the economy and mental health, both in the past and now."In a mad world, only the mad are sane" ~ Akira KurosawaTake care of yourselves and each otherxx(00:00) Introduction (03:31) Mental health is affected by the economy (04:55) Me on Question Time (06:15) Mental health is a symptom of something bigger(09:50) Deteriorating mental health makes political action hard (16:00) More and more people know collapse is coming(20:13) Hard work no longer pays(22:24) Personal struggles(25:09) What can we do?(30:17) Why it's so urgent
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How to convince your friends, family and networks to support wealth taxes. A step-by-step guide
The rich will take everything unless we start taxing them more. A wealth tax is the best way to do this. But we need to win over the public, and dispell some of the common pushbacks. Here's how to do it.(00:00) Intro(00:48) Massive oppurtunity(02:29) How to explain my message to your friends and family(02:43) Point 1: Don't be a dick(04:00) People are scared(08:06) Point 2: Understanding and education (16:35) Point 3: How to deal with common pushbacks(19:20) The Laffer Curve(22:43) "It's not fair to tax rich people"(24:20) "You secretly want to tax me more"(25:45) "Don't give money to the government, they'll waste it"(27:40) The core message
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They're about to tax you more. Why western governments will soon hammer you with tax rises
The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.Other episodes mentioned by Gary: 'The Squeeze out' AKA Why Labour is crushing your living standards https://open.spotify.com/episode/2yO2SJstjBX2lpW7Jn0AO6?si=b84234841c8b42ca What's in this episode:(00:00) Intro(00:47) Why this year's UK Budget matters(02:10) What they will announce(02:50) Governments going bankrupt(08:25) Do they have other options? (10:48) Tax the rich or tax the middle class(11:15) Rich vs middle class vs working class(12:29) Do not trust the rich(13:13) My message to middle class people(15:04) What I mean by "tax the rich"(16:09) The rich are WINNING
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How to take over your country using social media
Alt right political movements have proven they take power using social media. Gary walks us through how we can use their rulebook to get what we want in our countries.Chapters:(00:00) Introduction(02:26) Social media's power in politics(05:05) The WWF model(07:01) Economic inequality(08:08) Build a platform(17:49) The power of social content creation(26:12) Use the traditional media(30:36) You have to focus your message(35:00) Be disciplined(37:13) Challenges from elite institutions(41:27) Take a strategic approach(45:43) Balancing advocacy and content creation(48:20) What you can do – and what I'm planning
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