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HOW do we fix Wealth Inequality? FIXING THE ECONOMY PT.2

August 29, 2021
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I'm Gary Stevenson former trader and people's economist

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this is Gary's Economics, today we're gonna talk about "how do we fix the economy"

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OK hopefully by now you've watched my videos you understand that wealth inequality is

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destroying the economy making housing unaffordable, making jobs bad and wages low

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you understand if we change that we can make the economy a lot better, and you're on board

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so what do we do well the way i see it it's basically a three-stage process

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the end goal is we wanna force powerful people like politicians to make change, to change the tax

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system so that it's fair so that super rich pay their fair share of tax, more than the rest of us

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but we're not going to be able to do that until we build a movement and we build awareness

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so for me it's a three-stage process first we put awareness and understanding

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then we build a movement and then we force powerful people to make change

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stage one of the process is we need to convince as many people as possible that wealth inequality

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is a problem, you know a lot of the media will tell you that wealth inequality yeah

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it's a problem but we need it to have a strong economy - nothing could be further from the truth

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if you look at me, my personal story i came from nothing i made millions of pounds by understanding

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one thing, wealth inequality is destroying the economy, i'm not just saying that I've been

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betting on it for 10 years and I've been right for 10 years, if we don't fix wealth inequality it means

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unaffordable housing, bad jobs and no financial security for your kids and your grandkids

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if we do fix wealth inequality we could have an economy that is so much better

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wages that are higher, housing that is affordable now look it's not going to be easy there's a lot

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of millionaires and billionaires out there that don't want you to hear this message

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they're doing very well the way things are and they don't want things to change

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some of them own newspapers some of them put a lot of money into

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paying economists and think tanks to tell you that inequality is important for the economy

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that is not true! look I've got no reason to tell you this message

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i'm a wealthy person, i don't benefit from it but i made my money by understanding and

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betting on the true fact that if we don't fix wealth inequality the economy will be weaker

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and weaker for future generations, so number one spread that message

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help ordinary people to understand we need to fix wealth inequality

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if we want to make the economy better and make sure they understand that

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that's not about taxing doctors and lawyers it's about taxing the super wealthy families

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that get richer and richer every generation by taking money from the rest of us

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that's number one: awareness and understanding number two is building a movement

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look if you understand that wealth inequality is a problem, then you like me

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are gonna want to change the tax system that at the moment

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taxes millionaires and billionaires often lower rates than cleaners

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but we are not going to be able to make that change happen unless

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we have a powerful and big movement, look i'm out here everyday making videos on Youtube

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but i'm not gonna be able to make change happen unless i have a big following and

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a lot of people are seeing it and not just me but other people are on board

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saying the same message, doing the same thing so what i need you to do for me now

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is to share this video around but not just that, talk to your friends, talk to your family

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read my website www.wealtheconomics.org look at my other videos

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educate the people around you, ordinary people who are getting hurt by this system

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you know it's our children who will suffer if we don't fix this, ordinary people's children

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so tell your friends, tell your work colleagues - let them know

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look i come from an ordinary background i can see my sister, my friends

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what's happening to their families losing their houses not getting their financial security

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tell everyone you know that we need to fix wealth inequality

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that's the only way we can fix the economy politicians keep saying they're going to

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make things better but they don't do it because they don't address wealth inequality

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so tell your friends, tell your family, tell your work colleagues, share my videos with them

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say look this guy he comes from an ordinary background he's made money

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understanding this and if they're confused send me a message

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look i'm out there on all the socials Facebook, Twitter, Youtube ... Instagram

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all @garyseconomics, send me messages about what people don't understand

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so that i can address them in videos share the stuff i do so that

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we can get more people on board hopefully if we keep building that

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we can get a big movement that will grow and then we can use that to

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force people to make change, so look that's the way it's going to work

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first we build the understanding secondly we build the movement

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and then we can start forcing politicians to do something

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so for now, watch my videos, try and understand what i'm saying

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if you've got questions message me on my socials share them with people around you

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if you know people who can share them to a big audience, get them on board

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and put them in touch with me hopefully we can spread this message

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to more and more people ordinary people who are not being represented

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so they can fight back to build a better future for our kids

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so that's it, three stage message understand what i'm saying

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spread it as much as you can and then we can make change happen

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Thank you (yeah we're good?)