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Markets React to the Governments Budget #shorts

October 14, 2022
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government<00:00:00.480> are<00:00:00.719> saying<00:00:00.900> it's<00:00:01.079> going<00:00:01.199> to

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government are saying it's going to

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government are saying it's going to cause<00:00:01.380> massive<00:00:01.740> growth<00:00:02.040> nobody<00:00:02.760> believes

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cause massive growth nobody believes

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cause massive growth nobody believes that<00:00:03.360> I'd<00:00:03.899> be<00:00:04.080> surprised<00:00:04.319> if<00:00:04.440> even<00:00:04.560> the

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that I'd be surprised if even the

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that I'd be surprised if even the government<00:00:04.920> believes<00:00:05.339> that<00:00:05.520> you<00:00:05.819> know<00:00:05.880> if

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government believes that you know if

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government believes that you know if giving<00:00:06.720> money<00:00:07.020> to<00:00:07.259> the<00:00:07.379> rich<00:00:07.560> caused<00:00:08.400> massive

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giving money to the rich caused massive

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giving money to the rich caused massive growth<00:00:09.420> then<00:00:10.019> we<00:00:10.380> would<00:00:10.559> be<00:00:10.679> a<00:00:10.800> [ __ ]<00:00:11.099> rich

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growth then we would be a [ __ ] rich

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growth then we would be a [ __ ] rich country<00:00:11.540> because<00:00:12.540> we<00:00:13.139> would<00:00:13.380> be<00:00:13.500> growing<00:00:13.799> to

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country because we would be growing to

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country because we would be growing to the<00:00:14.160> Moon<00:00:14.280> because<00:00:14.519> we've<00:00:14.700> given<00:00:15.059> so<00:00:15.299> much

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the Moon because we've given so much

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the Moon because we've given so much money<00:00:15.599> for<00:00:15.780> the<00:00:15.900> rich<00:00:16.020> in<00:00:16.139> the<00:00:16.260> last<00:00:16.379> three

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money for the rich in the last three

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money for the rich in the last three years<00:00:16.740> and<00:00:17.340> has<00:00:17.460> it<00:00:17.640> caused<00:00:17.940> a<00:00:18.060> booming

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years and has it caused a booming

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years and has it caused a booming economy<00:00:18.720> it<00:00:18.900> looks<00:00:19.080> to<00:00:19.140> me<00:00:19.320> like<00:00:19.440> it<00:00:19.560> scores<00:00:19.680> a

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economy it looks to me like it scores a

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economy it looks to me like it scores a disastrous<00:00:20.220> economy<00:00:20.580> and<00:00:20.699> I<00:00:20.820> think

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disastrous economy and I think

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disastrous economy and I think I<00:00:21.779> don't<00:00:22.020> know<00:00:22.080> where<00:00:22.199> the<00:00:22.320> list<00:00:22.439> Trust

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I don't know where the list Trust

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I don't know where the list Trust and<00:00:23.760> quasi-quarting<00:00:24.480> believe<00:00:24.600> it<00:00:24.779> but<00:00:24.960> nobody

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and quasi-quarting believe it but nobody

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and quasi-quarting believe it but nobody I<00:00:26.160> don't<00:00:26.340> think<00:00:26.400> anybody<00:00:26.699> serious<00:00:27.119> believes

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I don't think anybody serious believes

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I don't think anybody serious believes it<00:00:27.900> um

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it um

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it um so<00:00:29.340> they're<00:00:29.460> looking<00:00:29.580> at<00:00:29.760> them<00:00:29.880> government

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so they're looking at them government

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so they're looking at them government they<00:00:30.300> say<00:00:30.420> okay<00:00:30.599> well<00:00:30.840> you're<00:00:31.019> boring<00:00:31.320> you

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they say okay well you're boring you

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they say okay well you're boring you want<00:00:31.560> to<00:00:31.679> borrow<00:00:31.740> all<00:00:31.920> this<00:00:32.099> money

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want to borrow all this money

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want to borrow all this money to<00:00:33.300> give<00:00:33.420> it<00:00:33.540> to<00:00:33.660> the<00:00:33.780> rich<00:00:33.960> your<00:00:34.800> economy<00:00:35.160> is

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to give it to the rich your economy is

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to give it to the rich your economy is not<00:00:35.340> going<00:00:35.460> to<00:00:35.579> grow<00:00:35.700> so<00:00:36.239> how<00:00:36.420> are<00:00:36.540> you<00:00:36.600> going

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not going to grow so how are you going

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not going to grow so how are you going to<00:00:36.780> pay<00:00:36.840> it<00:00:37.020> back

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to pay it back

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to pay it back um<00:00:39.079> historically<00:00:40.100> you<00:00:41.100> know<00:00:41.160> in<00:00:41.280> times<00:00:41.399> when

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um historically you know in times when

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um historically you know in times when governments<00:00:42.059> have<00:00:42.180> borrowed<00:00:42.480> huge<00:00:42.660> amounts

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governments have borrowed huge amounts

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governments have borrowed huge amounts of<00:00:42.960> money<00:00:43.079> like<00:00:43.260> for<00:00:43.379> example<00:00:43.620> the<00:00:44.040> the<00:00:44.399> world

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of money like for example the the world

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of money like for example the the world awards<00:00:45.180> first<00:00:45.360> of<00:00:45.480> all<00:00:45.600> Second<00:00:45.840> World<00:00:46.020> War<00:00:46.260> uh

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awards first of all Second World War uh

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awards first of all Second World War uh the<00:00:47.280> way<00:00:47.399> that<00:00:47.579> they've<00:00:47.700> paid<00:00:47.879> it<00:00:48.000> back<00:00:48.120> is

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the way that they've paid it back is

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the way that they've paid it back is essentially<00:00:48.600> to<00:00:48.719> inflation<00:00:49.140> so<00:00:50.039> it's<00:00:50.219> a<00:00:50.460> bit

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essentially to inflation so it's a bit

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essentially to inflation so it's a bit complicated<00:00:51.000> but<00:00:51.360> you<00:00:51.539> know

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complicated but you know

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complicated but you know if<00:00:52.980> we<00:00:53.100> have<00:00:53.219> huge<00:00:53.520> amounts<00:00:53.760> of<00:00:53.879> inflation

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if we have huge amounts of inflation

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if we have huge amounts of inflation then<00:00:55.379> all<00:00:55.620> the<00:00:55.739> prices<00:00:55.860> go<00:00:56.219> up<00:00:56.399> the<00:00:57.120> debt<00:00:57.420> stays

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then all the prices go up the debt stays

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then all the prices go up the debt stays the<00:00:57.960> same<00:00:58.079> size<00:00:58.320> it<00:00:58.739> becomes<00:00:58.980> easy<00:00:59.160> to<00:00:59.280> pay

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the same size it becomes easy to pay

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the same size it becomes easy to pay back