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If you give money to everyone, you have to tax it back from the rich.

July 25, 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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when<00:00:00.160> I<00:00:00.280> say<00:00:00.480> what<00:00:00.599> I've<00:00:01.080> said<00:00:02.080> that<00:00:02.520> you<00:00:02.639> know

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when I say what I've said that you know

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when I say what I've said that you know inflation<00:00:03.240> was<00:00:03.399> caused<00:00:03.639> by<00:00:03.719> the<00:00:03.800> government

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inflation was caused by the government

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inflation was caused by the government giving<00:00:04.279> money<00:00:04.520> out<00:00:04.720> and<00:00:04.839> by<00:00:04.960> the<00:00:05.080> low<00:00:05.279> interest

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giving money out and by the low interest

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giving money out and by the low interest rates<00:00:05.879> you<00:00:06.000> might<00:00:06.200> think<00:00:06.359> that<00:00:06.480> I'm<00:00:06.640> opposed

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rates you might think that I'm opposed

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rates you might think that I'm opposed the<00:00:07.160> government<00:00:07.439> giving<00:00:07.600> money<00:00:07.759> out<00:00:07.839> and<00:00:07.960> low

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the government giving money out and low

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the government giving money out and low interest<00:00:08.320> rates<00:00:08.559> I'm<00:00:08.719> not<00:00:09.240> the<00:00:09.320> government

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interest rates I'm not the government

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interest rates I'm not the government had<00:00:09.880> to<00:00:10.000> do<00:00:10.240> that<00:00:10.719> I'm<00:00:10.840> not<00:00:10.960> opposed<00:00:11.280> to<00:00:11.360> fur<00:00:11.799> at

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had to do that I'm not opposed to fur at

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had to do that I'm not opposed to fur at all<00:00:12.160> I'm<00:00:12.280> not<00:00:12.400> opposed<00:00:12.719> to<00:00:12.840> the<00:00:12.960> massive

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all I'm not opposed to the massive

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all I'm not opposed to the massive deficits<00:00:13.559> the<00:00:13.679> government<00:00:13.920> ran<00:00:14.120> during<00:00:14.400> covid

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deficits the government ran during covid

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deficits the government ran during covid at<00:00:14.920> all<00:00:15.400> those<00:00:15.639> had<00:00:15.759> to<00:00:15.879> be<00:00:16.039> done<00:00:16.199> otherwise

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at all those had to be done otherwise

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at all those had to be done otherwise people<00:00:16.680> would<00:00:16.800> have<00:00:16.920> literally<00:00:17.359> died<00:00:17.720> right

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people would have literally died right

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people would have literally died right people<00:00:18.000> would<00:00:18.080> have<00:00:18.199> not<00:00:18.320> paid<00:00:18.480> their<00:00:18.600> rent

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people would have not paid their rent

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people would have not paid their rent people<00:00:19.039> would<00:00:19.119> have<00:00:19.199> become<00:00:19.359> homeless<00:00:19.680> people

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people would have become homeless people

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people would have become homeless people would<00:00:19.880> have<00:00:19.960> not<00:00:20.039> been<00:00:20.119> able<00:00:20.279> to<00:00:20.359> eat<00:00:20.880> had<00:00:21.000> to

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would have not been able to eat had to

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would have not been able to eat had to be<00:00:21.279> done<00:00:21.960> but<00:00:22.080> at<00:00:22.199> the<00:00:22.320> same<00:00:22.600> time<00:00:22.840> if<00:00:22.960> you're

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be done but at the same time if you're

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be done but at the same time if you're giving<00:00:23.320> out<00:00:23.480> 600<00:00:23.880> billion<00:00:24.240> pounds<00:00:24.920> you<00:00:25.199> have

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giving out 600 billion pounds you have

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giving out 600 billion pounds you have to<00:00:25.480> do<00:00:25.640> an<00:00:25.760> analysis<00:00:26.160> of<00:00:26.279> who's<00:00:26.480> going<00:00:26.560> to<00:00:26.640> end

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to do an analysis of who's going to end

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to do an analysis of who's going to end up<00:00:26.880> with<00:00:27.000> this<00:00:27.119> money<00:00:27.640> and<00:00:27.760> if<00:00:27.880> that<00:00:28.000> analysis

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up with this money and if that analysis

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up with this money and if that analysis had<00:00:28.519> been<00:00:28.679> done<00:00:29.240> then<00:00:29.400> we<00:00:29.480> would<00:00:29.640> have<00:00:29.720> seen

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had been done then we would have seen

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had been done then we would have seen well<00:00:30.320> we're<00:00:30.519> injecting<00:00:30.920> a<00:00:31.800> massive<00:00:32.119> amount<00:00:32.279> of

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well we're injecting a massive amount of

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well we're injecting a massive amount of money<00:00:32.520> to<00:00:32.640> the<00:00:32.759> rich<00:00:33.000> here<00:00:33.399> a<00:00:33.600> massive<00:00:33.920> amount

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money to the rich here a massive amount

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money to the rich here a massive amount and<00:00:34.399> then<00:00:35.000> you<00:00:35.120> know<00:00:35.239> we<00:00:35.360> had<00:00:35.480> the<00:00:35.559> period<00:00:35.760> of

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and then you know we had the period of

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and then you know we had the period of lockdown<00:00:36.520> when<00:00:36.680> that<00:00:36.800> money<00:00:37.000> wasn't<00:00:37.239> damaging

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lockdown when that money wasn't damaging

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lockdown when that money wasn't damaging because<00:00:37.879> the<00:00:38.000> rich<00:00:38.160> couldn't<00:00:38.360> really<00:00:38.520> spend

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because the rich couldn't really spend

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because the rich couldn't really spend it<00:00:39.040> because<00:00:39.200> they're<00:00:39.320> locked<00:00:39.559> at<00:00:39.719> home<00:00:40.000> right

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it because they're locked at home right

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it because they're locked at home right we<00:00:40.480> could<00:00:40.600> have<00:00:40.719> used<00:00:40.960> that<00:00:41.079> one<00:00:41.200> and<00:00:41.320> a<00:00:41.440> half

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we could have used that one and a half

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we could have used that one and a half years<00:00:41.800> two<00:00:42.039> years<00:00:42.320> to<00:00:42.480> say<00:00:42.800> okay<00:00:43.600> we<00:00:43.719> have<00:00:43.840> to

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years two years to say okay we have to

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years two years to say okay we have to do<00:00:44.120> this<00:00:44.280> thing<00:00:44.399> which<00:00:44.520> is<00:00:44.600> going<00:00:44.719> to<00:00:44.800> make<00:00:44.920> the

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do this thing which is going to make the

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do this thing which is going to make the rich<00:00:45.680> rich<00:00:46.280> so<00:00:46.480> we<00:00:46.640> use<00:00:46.879> the<00:00:47.039> time<00:00:47.199> we<00:00:47.360> have<00:00:47.760> to

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rich rich so we use the time we have to

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rich rich so we use the time we have to work<00:00:48.199> out<00:00:48.640> a<00:00:48.800> way<00:00:49.000> to<00:00:49.199> tax<00:00:49.480> them<00:00:49.640> effectively

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work out a way to tax them effectively

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work out a way to tax them effectively to<00:00:50.120> take<00:00:50.280> that<00:00:50.399> money<00:00:50.640> back<00:00:51.120> you<00:00:51.239> know<00:00:51.600> if<00:00:51.719> you

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to take that money back you know if you

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to take that money back you know if you give<00:00:52.079> 600<00:00:52.520> billion<00:00:52.760> pound<00:00:52.960> to<00:00:53.039> the<00:00:53.199> rich<00:00:54.039> and

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give 600 billion pound to the rich and

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give 600 billion pound to the rich and you<00:00:54.239> don't<00:00:54.359> want<00:00:54.480> to<00:00:54.559> see<00:00:54.760> effect<00:00:55.160> you<00:00:55.280> have<00:00:55.399> to

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you don't want to see effect you have to

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you don't want to see effect you have to find<00:00:55.760> ways<00:00:55.920> to<00:00:56.000> take<00:00:56.120> that<00:00:56.199> money<00:00:56.399> back