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Giving out money doesn't make us richer

July 23, 2024
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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money<00:00:00.880> is<00:00:01.000> not<00:00:01.199> food<00:00:02.040> money<00:00:02.360> is<00:00:02.520> not<00:00:02.720> energy

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money is not food money is not energy

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money is not food money is not energy money<00:00:03.679> is<00:00:03.840> not<00:00:04.120> housing<00:00:04.880> money<00:00:05.240> is<00:00:05.359> not

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money is not housing money is not

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money is not housing money is not Healthcare<00:00:06.240> okay<00:00:06.640> if<00:00:06.759> we<00:00:07.000> give<00:00:07.240> everybody

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Healthcare okay if we give everybody

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Healthcare okay if we give everybody money<00:00:08.160> we<00:00:08.280> have<00:00:08.440> not<00:00:08.559> increased<00:00:09.000> the<00:00:09.120> amount

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money we have not increased the amount

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money we have not increased the amount of<00:00:09.559> actual<00:00:10.040> resources<00:00:10.480> and<00:00:10.679> assets<00:00:11.000> we<00:00:11.120> have

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of actual resources and assets we have

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of actual resources and assets we have in<00:00:11.320> our<00:00:11.519> society<00:00:12.280> okay<00:00:12.400> so<00:00:12.599> you<00:00:12.679> don't<00:00:12.920> make

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in our society okay so you don't make

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in our society okay so you don't make Society<00:00:13.639> richer<00:00:14.160> by<00:00:14.320> giving<00:00:14.599> people<00:00:14.799> money

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Society richer by giving people money

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Society richer by giving people money you<00:00:15.360> make<00:00:15.599> Society<00:00:16.080> richer<00:00:16.400> by<00:00:16.640> creating<00:00:17.199> and

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you make Society richer by creating and

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you make Society richer by creating and having<00:00:17.680> more<00:00:17.880> resources<00:00:18.279> and<00:00:18.480> assets<00:00:19.160> so<00:00:19.320> if<00:00:19.439> I

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having more resources and assets so if I

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having more resources and assets so if I give<00:00:19.760> everybody<00:00:20.160> more<00:00:20.320> money<00:00:20.560> all<00:00:20.680> that

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give everybody more money all that

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give everybody more money all that happens<00:00:21.000> is<00:00:21.080> the<00:00:21.199> prices<00:00:21.480> go<00:00:21.680> up<00:00:22.160> but<00:00:22.320> if<00:00:22.439> I

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happens is the prices go up but if I

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happens is the prices go up but if I give<00:00:22.760> you<00:00:22.920> a<00:00:23.039> bit<00:00:23.160> of<00:00:23.320> money<00:00:23.760> and<00:00:24.000> him<00:00:24.160> a<00:00:24.279> lot<00:00:24.400> of

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give you a bit of money and him a lot of

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give you a bit of money and him a lot of money<00:00:25.119> then<00:00:25.279> he<00:00:25.439> gets<00:00:25.640> richer<00:00:25.960> and<00:00:26.080> you<00:00:26.199> get

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money then he gets richer and you get

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money then he gets richer and you get poorer<00:00:26.720> because<00:00:26.920> you<00:00:27.000> have<00:00:27.119> a<00:00:27.199> bit<00:00:27.320> more<00:00:27.439> money

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poorer because you have a bit more money

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poorer because you have a bit more money but<00:00:27.800> the<00:00:27.880> prices<00:00:28.199> have<00:00:28.320> gone<00:00:28.480> up<00:00:28.800> relative<00:00:29.160> to

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but the prices have gone up relative to

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but the prices have gone up relative to both<00:00:29.560> of<00:00:29.679> your<00:00:30.000> increases<00:00:30.400> in<00:00:30.679> in<00:00:30.800> money<00:00:31.400> so<00:00:31.560> I

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both of your increases in in money so I

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both of your increases in in money so I think<00:00:31.880> this<00:00:32.000> is<00:00:32.119> the<00:00:32.239> thing<00:00:32.360> I<00:00:32.439> want<00:00:32.840> and<00:00:33.120> the

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think this is the thing I want and the

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think this is the thing I want and the reason<00:00:33.520> I'm<00:00:33.960> hammering<00:00:34.360> this<00:00:34.520> down<00:00:34.680> is

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reason I'm hammering this down is

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reason I'm hammering this down is because<00:00:35.040> they<00:00:35.160> did<00:00:35.320> that<00:00:35.440> in<00:00:35.559> Co<00:00:35.800> and<00:00:35.879> they<00:00:36.000> got

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because they did that in Co and they got

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because they did that in Co and they got away<00:00:36.320> with<00:00:36.399> it<00:00:37.040> and<00:00:37.960> to<00:00:38.120> be<00:00:38.239> honest<00:00:39.200> the<00:00:39.640> the

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away with it and to be honest the the

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away with it and to be honest the the conservative<00:00:40.200> government<00:00:40.960> lucked<00:00:41.399> out<00:00:41.600> with

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conservative government lucked out with

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conservative government lucked out with the<00:00:41.800> Ukraine<00:00:42.160> war<00:00:42.480> because<00:00:42.719> that<00:00:42.840> took<00:00:43.039> the

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the Ukraine war because that took the

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the Ukraine war because that took the entire<00:00:43.440> blame<00:00:43.680> for<00:00:43.800> the<00:00:43.920> inflation<00:00:44.520> which<00:00:44.640> in

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entire blame for the inflation which in

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entire blame for the inflation which in my<00:00:44.920> opinion<00:00:45.200> was<00:00:45.320> caused<00:00:45.559> by<00:00:45.680> their<00:00:45.800> massive

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my opinion was caused by their massive

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my opinion was caused by their massive increas<00:00:46.360> in<00:00:46.440> inequality