all<00:00:00.880> right<00:00:01.040> we've<00:00:01.199> just<00:00:01.439> done<00:00:01.599> our<00:00:01.760> next<00:00:02.000> big

all right we've just done our next big

all right we've just done our next big interview<00:00:02.720> with<00:00:03.040> uh<00:00:03.439> former<00:00:04.080> private<00:00:04.480> wealth

interview with uh former private wealth

interview with uh former private wealth lawyer<00:00:05.040> and<00:00:05.200> tax<00:00:05.600> expert<00:00:05.920> steph<00:00:06.240> robbie

lawyer and tax expert steph robbie

lawyer and tax expert steph robbie that's<00:00:07.279> gonna<00:00:07.440> hopefully<00:00:07.839> be<00:00:08.000> up<00:00:08.160> next<00:00:08.400> week

that's gonna hopefully be up next week

that's gonna hopefully be up next week but<00:00:09.200> for<00:00:09.360> now<00:00:09.599> check<00:00:09.840> out<00:00:10.160> this<00:00:10.480> highlight

but for now check out this highlight

but for now check out this highlight from<00:00:11.200> our<00:00:11.519> last<00:00:11.920> big<00:00:12.160> interview

on<00:00:18.800> the<00:00:18.880> systemic<00:00:19.439> issue<00:00:19.840> you<00:00:20.000> made<00:00:20.480> a<00:00:20.640> really

on the systemic issue you made a really

on the systemic issue you made a really good

good

good uh<00:00:22.640> point<00:00:22.960> earlier<00:00:23.359> when<00:00:23.519> we<00:00:23.680> were<00:00:23.840> chatting

uh point earlier when we were chatting

uh point earlier when we were chatting about

about

about how<00:00:25.680> covert<00:00:26.080> has<00:00:26.240> accelerated<00:00:26.800> a<00:00:26.880> lot<00:00:27.039> of<00:00:27.119> this

how covert has accelerated a lot of this

how covert has accelerated a lot of this stuff<00:00:27.760> you<00:00:27.920> may<00:00:28.160> have<00:00:28.320> said<00:00:28.480> this<00:00:28.720> before<00:00:29.199> yeah

stuff you may have said this before yeah

stuff you may have said this before yeah but<00:00:29.519> i<00:00:29.599> thought<00:00:29.760> it<00:00:29.920> was<00:00:30.000> just<00:00:30.240> really

but i thought it was just really

but i thought it was just really a<00:00:31.279> really<00:00:31.519> good<00:00:31.679> illustration<00:00:32.399> of

a really good illustration of

a really good illustration of yeah<00:00:34.079> so

yeah so

yeah so we've<00:00:35.200> covered<00:00:35.440> this<00:00:35.520> on<00:00:35.600> the<00:00:35.680> channel<00:00:35.920> but

we've covered this on the channel but

we've covered this on the channel but we'll<00:00:36.079> go<00:00:36.239> through<00:00:36.399> it<00:00:36.480> again<00:00:36.800> which<00:00:37.040> is<00:00:37.200> like

we'll go through it again which is like

we'll go through it again which is like why<00:00:37.760> covert<00:00:38.079> has<00:00:38.239> increased<00:00:38.480> in<00:00:38.640> quality<00:00:38.879> so

why covert has increased in quality so

why covert has increased in quality so badly<00:00:39.440> right<00:00:39.600> which<00:00:39.840> is

badly right which is

badly right which is economically<00:00:42.640> what<00:00:42.800> kobe<00:00:43.200> was<00:00:43.680> was<00:00:43.920> basically

economically what kobe was was basically

economically what kobe was was basically banning<00:00:46.000> rich<00:00:46.239> people<00:00:46.399> from<00:00:46.559> spending<00:00:46.800> money

banning rich people from spending money

banning rich people from spending money that<00:00:47.680> is<00:00:48.000> what<00:00:48.239> economically<00:00:48.719> what<00:00:48.800> it<00:00:48.879> did

that is what economically what it did

that is what economically what it did because<00:00:49.280> if<00:00:49.360> you're<00:00:49.440> an<00:00:49.600> ordinary<00:00:50.000> person<00:00:50.559> or

because if you're an ordinary person or

because if you're an ordinary person or a<00:00:50.960> poorer<00:00:51.280> person<00:00:51.840> the<00:00:52.000> vast<00:00:52.239> majority<00:00:52.480> of

a poorer person the vast majority of

a poorer person the vast majority of your<00:00:52.719> expenditures<00:00:53.199> are<00:00:53.280> on<00:00:53.360> rent<00:00:53.680> food

your expenditures are on rent food

your expenditures are on rent food mortgage<00:00:54.559> bills<00:00:55.280> and<00:00:55.440> you<00:00:55.600> still<00:00:55.760> have<00:00:55.920> to<00:00:56.000> pay

mortgage bills and you still have to pay

mortgage bills and you still have to pay all<00:00:56.320> those<00:00:56.480> things<00:00:57.120> in<00:00:57.280> coving<00:00:57.920> so<00:00:58.079> your

all those things in coving so your

all those things in coving so your expenditures<00:00:58.960> don't<00:00:59.120> really<00:00:59.280> go<00:00:59.520> down<00:00:59.680> that

expenditures don't really go down that

expenditures don't really go down that much<00:01:00.000> you<00:01:00.079> maybe<00:01:00.320> you<00:01:00.320> can't<00:01:00.480> go<00:01:00.640> to<00:01:00.719> the<00:01:00.800> pub

much you maybe you can't go to the pub

much you maybe you can't go to the pub you<00:01:01.120> save<00:01:01.359> a<00:01:01.440> little<00:01:01.600> bit<00:01:02.000> but<00:01:02.160> if<00:01:02.239> you're<00:01:02.399> a

you save a little bit but if you're a

you save a little bit but if you're a very<00:01:02.719> wealthy<00:01:03.039> person<00:01:03.680> your<00:01:03.920> expenditures

very wealthy person your expenditures

very wealthy person your expenditures are<00:01:05.040> largely<00:01:05.439> on<00:01:05.600> luxuries

are largely on luxuries

are largely on luxuries you<00:01:07.040> know<00:01:07.280> expensive<00:01:07.680> holidays<00:01:08.080> or<00:01:08.240> expensive

you know expensive holidays or expensive

you know expensive holidays or expensive you<00:01:09.119> know<00:01:09.600> meals

you know meals

you know meals lots<00:01:11.119> of<00:01:11.200> expensive<00:01:11.600> things<00:01:12.000> that<00:01:12.240> all<00:01:12.400> got

lots of expensive things that all got

lots of expensive things that all got banned

banned

banned so<00:01:13.680> what<00:01:13.840> that<00:01:14.080> meant<00:01:14.320> was<00:01:14.720> during<00:01:15.119> kovid

so what that meant was during kovid

so what that meant was during kovid we<00:01:16.799> basically<00:01:17.280> banned<00:01:17.600> the<00:01:17.759> spending<00:01:18.080> of<00:01:18.240> the

we basically banned the spending of the

we basically banned the spending of the rich

rich

rich now

now

now in<00:01:20.400> normal<00:01:20.799> times<00:01:21.040> there's<00:01:21.200> a<00:01:21.280> sort<00:01:21.439> of

in normal times there's a sort of

in normal times there's a sort of circular<00:01:21.920> flow<00:01:22.159> of<00:01:22.240> money<00:01:22.560> which<00:01:22.720> is<00:01:22.799> when

circular flow of money which is when

circular flow of money which is when ordinary<00:01:23.439> people<00:01:23.600> pay<00:01:23.759> their<00:01:23.920> mortgage<00:01:24.400> or

ordinary people pay their mortgage or

ordinary people pay their mortgage or they<00:01:24.640> rent<00:01:24.960> it<00:01:25.040> goes<00:01:25.280> to<00:01:25.360> rich<00:01:25.600> people<00:01:26.320> but

they rent it goes to rich people but

they rent it goes to rich people but rich<00:01:26.720> people<00:01:26.880> have<00:01:27.040> very<00:01:27.200> high<00:01:27.439> incomes<00:01:28.159> and

rich people have very high incomes and

rich people have very high incomes and they<00:01:28.479> spend<00:01:28.640> a<00:01:28.720> lot<00:01:28.799> of<00:01:28.880> money<00:01:29.119> which<00:01:29.360> drives

they spend a lot of money which drives

they spend a lot of money which drives the<00:01:29.840> wages<00:01:30.240> of<00:01:30.400> ordinary<00:01:30.799> people<00:01:31.360> but<00:01:31.520> if<00:01:31.680> you

the wages of ordinary people but if you

the wages of ordinary people but if you stop<00:01:32.000> rich<00:01:32.240> people<00:01:32.479> spending<00:01:32.720> money

stop rich people spending money

stop rich people spending money ordinary<00:01:34.000> people<00:01:34.159> still<00:01:34.320> have<00:01:34.400> to<00:01:34.479> pay<00:01:34.640> the

ordinary people still have to pay the

ordinary people still have to pay the rent<00:01:34.880> and<00:01:34.960> they<00:01:35.040> still<00:01:35.200> have<00:01:35.280> to<00:01:35.360> pay<00:01:35.520> the

rent and they still have to pay the

rent and they still have to pay the mortgage<00:01:36.000> so<00:01:36.159> instead<00:01:36.400> of<00:01:36.560> money<00:01:36.720> flowing

mortgage so instead of money flowing

mortgage so instead of money flowing around<00:01:37.119> in<00:01:37.200> a<00:01:37.280> circle<00:01:37.600> it's<00:01:37.680> just<00:01:37.840> flowing

around in a circle it's just flowing

around in a circle it's just flowing from<00:01:38.640> ordinary<00:01:39.119> families<00:01:39.439> to<00:01:39.600> the<00:01:39.680> rich<00:01:39.920> and

from ordinary families to the rich and

from ordinary families to the rich and staying<00:01:40.400> there

staying there

staying there and<00:01:41.280> then<00:01:41.439> these<00:01:41.520> guys<00:01:41.759> have<00:01:41.840> lost<00:01:42.000> their

and then these guys have lost their

and then these guys have lost their incomes

incomes

incomes so<00:01:43.520> what<00:01:43.600> happens<00:01:44.000> the<00:01:44.079> government

so what happens the government

so what happens the government substituted<00:01:45.520> the<00:01:45.680> incomes<00:01:45.920> with<00:01:46.079> printed

substituted the incomes with printed

substituted the incomes with printed money<00:01:47.119> and<00:01:47.200> then<00:01:47.439> from<00:01:47.600> the<00:01:47.680> perspective<00:01:48.079> of

money and then from the perspective of

money and then from the perspective of an<00:01:48.320> ordinary<00:01:48.640> person<00:01:49.040> the<00:01:49.119> situation<00:01:49.600> seems

an ordinary person the situation seems

an ordinary person the situation seems the<00:01:50.079> same<00:01:50.720> because<00:01:50.960> you're<00:01:51.119> getting<00:01:51.280> an

the same because you're getting an

the same because you're getting an income<00:01:52.000> it's<00:01:52.079> not<00:01:52.240> from<00:01:52.399> the<00:01:52.479> rich<00:01:52.720> anymore

income it's not from the rich anymore

income it's not from the rich anymore it's<00:01:53.119> from<00:01:53.280> the<00:01:53.360> government<00:01:54.000> so<00:01:54.240> you<00:01:54.320> feel

it's from the government so you feel

it's from the government so you feel you're<00:01:54.720> unaffected<00:01:55.520> but<00:01:55.680> that<00:01:55.840> money<00:01:56.079> is<00:01:56.159> then

you're unaffected but that money is then

you're unaffected but that money is then flowing<00:01:56.560> to<00:01:56.640> the<00:01:56.719> rich<00:01:56.960> and<00:01:57.040> just<00:01:57.200> staying

flowing to the rich and just staying

flowing to the rich and just staying there<00:01:57.759> and<00:01:57.920> just<00:01:58.159> piling<00:01:58.479> up<00:01:58.640> and<00:01:58.719> up<00:01:58.880> and<00:01:58.960> up

there and just piling up and up and up

there and just piling up and up and up and<00:01:59.200> up<00:01:59.280> and<00:01:59.439> up<00:01:59.840> so<00:02:00.079> from<00:02:00.240> the<00:02:00.320> very<00:02:00.479> beginning

and up and up so from the very beginning

and up and up so from the very beginning of<00:02:00.960> kovis<00:02:01.920> you<00:02:02.079> could<00:02:02.240> predict<00:02:02.799> that

of kovis you could predict that

of kovis you could predict that at<00:02:03.680> the<00:02:03.840> end<00:02:04.000> of<00:02:04.159> kovid

at the end of kovid

at the end of kovid it's<00:02:05.759> going<00:02:05.840> to<00:02:05.920> look<00:02:06.079> like<00:02:06.240> we're<00:02:06.399> just

it's going to look like we're just

it's going to look like we're just reopening<00:02:06.960> the<00:02:07.040> economy<00:02:07.360> but<00:02:07.520> we're<00:02:07.680> not

reopening the economy but we're not

reopening the economy but we're not we're<00:02:08.239> reopening<00:02:08.720> the<00:02:08.800> economy<00:02:09.759> with<00:02:10.000> a

we're reopening the economy with a

we're reopening the economy with a massive<00:02:10.560> amount<00:02:10.800> of<00:02:10.879> cash<00:02:11.200> in<00:02:11.280> the<00:02:11.360> bank

massive amount of cash in the bank

massive amount of cash in the bank accounts<00:02:11.760> of<00:02:11.840> rich<00:02:12.080> people<00:02:12.640> and<00:02:12.800> it's<00:02:12.959> huge

accounts of rich people and it's huge

accounts of rich people and it's huge right<00:02:13.440> because<00:02:13.680> the<00:02:13.760> amount<00:02:14.000> of<00:02:14.000> money

right because the amount of money

right because the amount of money printed<00:02:14.879> was<00:02:15.120> 450<00:02:15.760> billion<00:02:16.080> pounds<00:02:16.640> which<00:02:16.800> is

printed was 450 billion pounds which is

printed was 450 billion pounds which is 10<00:02:17.200> 000<00:02:17.360> pounds<00:02:17.599> per<00:02:17.840> adult<00:02:18.400> but<00:02:18.640> it<00:02:18.720> all<00:02:18.879> gets

10 000 pounds per adult but it all gets

10 000 pounds per adult but it all gets accumulated<00:02:19.520> by<00:02:19.680> the<00:02:19.760> rich<00:02:20.319> so<00:02:20.560> if<00:02:20.640> that<00:02:20.879> all

accumulated by the rich so if that all

accumulated by the rich so if that all goes<00:02:21.200> to<00:02:21.280> the<00:02:21.360> top<00:02:21.520> ten<00:02:21.680> percent<00:02:22.239> we're

goes to the top ten percent we're

goes to the top ten percent we're talking<00:02:22.720> about<00:02:22.959> a<00:02:23.120> hundred<00:02:23.599> thousand<00:02:24.080> pounds

talking about a hundred thousand pounds

talking about a hundred thousand pounds cash<00:02:25.120> extra<00:02:25.680> in<00:02:25.840> the<00:02:25.920> bank<00:02:26.160> account<00:02:26.480> of<00:02:26.640> every

cash extra in the bank account of every

cash extra in the bank account of every single<00:02:27.200> rich<00:02:27.440> person<00:02:28.000> in<00:02:28.160> the<00:02:28.239> country

single rich person in the country

single rich person in the country and<00:02:29.760> then<00:02:30.000> afterwards<00:02:31.040> when<00:02:31.280> inflation<00:02:31.680> blows

and then afterwards when inflation blows

and then afterwards when inflation blows up<00:02:32.160> everybody's<00:02:32.640> like<00:02:32.800> how<00:02:32.959> did<00:02:33.120> that<00:02:33.280> happen

up everybody's like how did that happen

up everybody's like how did that happen it's<00:02:34.000> like<00:02:34.400> everyone's<00:02:34.959> sort<00:02:35.120> of<00:02:35.200> confused

it's like everyone's sort of confused

it's like everyone's sort of confused about<00:02:35.760> it<00:02:35.920> which<00:02:36.080> is<00:02:36.160> driving<00:02:36.400> me<00:02:36.480> mad<00:02:36.800> and<00:02:36.959> i

about it which is driving me mad and i

about it which is driving me mad and i think<00:02:37.200> sort<00:02:37.360> of<00:02:37.760> the<00:02:37.920> big<00:02:38.080> thing<00:02:38.239> which<00:02:38.400> i'm

think sort of the big thing which i'm

think sort of the big thing which i'm trying<00:02:38.640> to<00:02:38.720> push<00:02:38.879> at<00:02:38.959> the<00:02:39.040> moment<00:02:39.360> on<00:02:39.440> the

trying to push at the moment on the

trying to push at the moment on the channel<00:02:39.760> is<00:02:39.840> to<00:02:40.000> make<00:02:40.160> people<00:02:40.400> aware<00:02:40.800> look

channel is to make people aware look

channel is to make people aware look this<00:02:41.599> is<00:02:41.680> not<00:02:41.760> some<00:02:41.920> natural<00:02:42.239> disaster<00:02:43.200> this

this is not some natural disaster this

this is not some natural disaster this has<00:02:43.519> happened<00:02:43.840> because<00:02:44.080> we<00:02:44.239> allowed<00:02:44.560> the<00:02:44.720> rich

has happened because we allowed the rich

has happened because we allowed the rich to<00:02:45.040> profit<00:02:45.440> enormously<00:02:46.080> from<00:02:46.239> kovid<00:02:46.800> they've

to profit enormously from kovid they've

to profit enormously from kovid they've got<00:02:47.280> way<00:02:47.519> more<00:02:47.760> money<00:02:48.160> it's<00:02:48.319> government

got way more money it's government

got way more money it's government printed<00:02:49.040> money<00:02:49.519> that's<00:02:49.760> pushing<00:02:50.080> price<00:02:50.400> up

printed money that's pushing price up

printed money that's pushing price up and<00:02:50.560> that's<00:02:50.800> making<00:02:50.959> your<00:02:51.120> life<00:02:51.360> harder<00:02:52.160> and

and that's making your life harder and

and that's making your life harder and the<00:02:52.879> obvious<00:02:53.120> way<00:02:53.280> to<00:02:53.440> deal<00:02:53.599> with<00:02:53.760> that<00:02:54.160> is<00:02:54.239> to

the obvious way to deal with that is to

the obvious way to deal with that is to tax<00:02:54.720> this<00:02:54.879> enormous<00:02:55.280> amount<00:02:55.440> of<00:02:55.519> money

tax this enormous amount of money

tax this enormous amount of money they've<00:02:55.920> made<00:02:56.560> but<00:02:56.720> for<00:02:56.879> some<00:02:57.120> reason

they've made but for some reason

they've made but for some reason nobody's<00:02:58.080> talking<00:02:58.400> about<00:02:58.560> this<00:02:58.640> enormous

nobody's talking about this enormous

nobody's talking about this enormous amount<00:02:59.200> of<00:02:59.280> money<00:02:59.920> the<00:03:00.159> rich<00:03:00.480> have

amount of money the rich have

amount of money the rich have more<00:03:01.519> money<00:03:01.760> than<00:03:01.840> they've<00:03:02.080> ever<00:03:02.239> had<00:03:02.400> before

more money than they've ever had before

more money than they've ever had before enormously<00:03:03.760> more<00:03:03.920> money<00:03:04.080> than<00:03:04.159> they've<00:03:04.400> ever

enormously more money than they've ever

enormously more money than they've ever before<00:03:04.879> and<00:03:04.959> we<00:03:05.120> have<00:03:05.200> a<00:03:05.280> crisis<00:03:05.760> now<00:03:06.080> which

before and we have a crisis now which

before and we have a crisis now which seriously<00:03:06.879> is<00:03:06.959> going<00:03:07.120> to<00:03:07.200> mean<00:03:07.440> ordinary

seriously is going to mean ordinary

seriously is going to mean ordinary families<00:03:08.480> can't<00:03:08.720> feed<00:03:08.959> their<00:03:09.120> kids<00:03:09.280> and<00:03:09.360> heat

families can't feed their kids and heat

families can't feed their kids and heat their<00:03:09.680> homes

their homes

their homes and<00:03:11.120> yet<00:03:11.360> the<00:03:11.440> government<00:03:12.000> is<00:03:12.080> doing<00:03:12.400> nothing

and yet the government is doing nothing

and yet the government is doing nothing about<00:03:12.879> tax<00:03:13.120> on<00:03:13.200> the<00:03:13.280> rich<00:03:13.519> in<00:03:13.680> fact<00:03:14.159> they're

about tax on the rich in fact they're

about tax on the rich in fact they're raising<00:03:14.720> taxes<00:03:15.440> national<00:03:15.760> insurance<00:03:16.080> which

raising taxes national insurance which

raising taxes national insurance which is<00:03:16.319> a<00:03:16.400> tax<00:03:16.720> only<00:03:16.959> on<00:03:17.120> workers<00:03:17.599> which<00:03:17.840> excludes

is a tax only on workers which excludes

is a tax only on workers which excludes the<00:03:18.319> income<00:03:18.560> of<00:03:18.640> billionaires<00:03:19.200> it's<00:03:19.840> that's

the income of billionaires it's that's

the income of billionaires it's that's crazy<00:03:20.319> yeah<00:03:20.480> it's<00:03:20.640> crazy<00:03:21.440> it<00:03:21.519> drives<00:03:21.760> me<00:03:21.920> ahead

crazy yeah it's crazy it drives me ahead

crazy yeah it's crazy it drives me ahead yeah

yeah

yeah that's<00:03:24.159> that's<00:03:24.400> a<00:03:24.480> great<00:03:24.640> monologue<00:03:25.040> by<00:03:25.200> the

that's that's a great monologue by the

that's that's a great monologue by the way

way

way you<00:03:26.319> should<00:03:26.480> clip<00:03:26.720> that<00:03:26.959> and<00:03:27.040> just<00:03:27.200> put<00:03:27.360> that

you should clip that and just put that

you should clip that and just put that on<00:03:27.599> his<00:03:27.760> twitter<00:03:28.080> that's<00:03:28.239> brilliant