so<00:00:00.480> ultimately<00:00:00.900> money<00:00:01.319> is<00:00:01.560> a<00:00:01.740> token<00:00:01.979> that<00:00:02.100> you

so ultimately money is a token that you

so ultimately money is a token that you use<00:00:02.340> to<00:00:02.460> buy<00:00:02.580> real<00:00:02.760> resources<00:00:03.240> so<00:00:03.780> if<00:00:03.959> these

use to buy real resources so if these

use to buy real resources so if these guys<00:00:04.380> the<00:00:04.680> rich<00:00:04.799> have<00:00:04.980> a<00:00:05.100> ton<00:00:05.220> of<00:00:05.339> money<00:00:05.400> now

guys the rich have a ton of money now

guys the rich have a ton of money now they're<00:00:06.120> going<00:00:06.240> to<00:00:06.359> buy<00:00:06.480> more<00:00:06.660> stuff<00:00:06.899> they're

they're going to buy more stuff they're

they're going to buy more stuff they're going<00:00:07.319> to<00:00:07.379> push<00:00:07.500> the<00:00:07.680> price<00:00:07.859> up<00:00:08.460> and<00:00:08.700> you<00:00:08.940> the

going to push the price up and you the

going to push the price up and you the ordinary<00:00:09.420> person<00:00:09.780> of<00:00:10.260> this<00:00:10.380> country<00:00:10.559> will<00:00:10.800> get

ordinary person of this country will get

ordinary person of this country will get their<00:00:11.040> stuff<00:00:11.639> so<00:00:12.300> um

their stuff so um

their stuff so um this<00:00:13.440> amount<00:00:13.620> of<00:00:13.740> money<00:00:13.860> 700<00:00:14.340> billion<00:00:14.700> is

this amount of money 700 billion is

this amount of money 700 billion is unbelievably<00:00:15.780> large<00:00:16.020> it<00:00:16.560> from<00:00:17.220> the<00:00:17.340> very

unbelievably large it from the very

unbelievably large it from the very beginning<00:00:17.640> of<00:00:17.880> covert<00:00:18.240> I've<00:00:18.359> said<00:00:18.480> it<00:00:18.600> will

beginning of covert I've said it will

beginning of covert I've said it will overwhelm<00:00:19.260> basically<00:00:19.560> what<00:00:19.740> are<00:00:19.920> the

overwhelm basically what are the

overwhelm basically what are the economic<00:00:20.340> effects<00:00:20.699> until<00:00:21.240> it<00:00:21.480> gets<00:00:21.660> resolved

economic effects until it gets resolved

economic effects until it gets resolved it<00:00:22.560> won't<00:00:22.800> be<00:00:22.980> resolved<00:00:23.400> it<00:00:23.460> doesn't<00:00:23.580> look

it won't be resolved it doesn't look

it won't be resolved it doesn't look it's<00:00:23.939> going<00:00:24.060> to<00:00:24.119> be<00:00:24.180> resolved<00:00:24.660> so<00:00:25.019> the<00:00:25.140> end

it's going to be resolved so the end

it's going to be resolved so the end result<00:00:25.439> is<00:00:25.740> prices<00:00:26.039> will<00:00:26.640> will<00:00:27.060> stay<00:00:27.300> high

result is prices will will stay high

result is prices will will stay high they<00:00:27.779> won't<00:00:27.900> come<00:00:28.080> back<00:00:28.199> down

they won't come back down

they won't come back down especially<00:00:29.460> asset<00:00:29.820> price<00:00:29.939> will<00:00:30.180> continue<00:00:30.300> to

especially asset price will continue to

especially asset price will continue to rise<00:00:30.720> and<00:00:31.019> living<00:00:31.140> stands<00:00:31.500> will<00:00:31.560> continue<00:00:31.740> to

rise and living stands will continue to

rise and living stands will continue to fall<00:00:32.099> so

fall so

fall so that's<00:00:34.260> the<00:00:34.500> video<00:00:34.680> what<00:00:35.040> is<00:00:35.219> money<00:00:35.399> a<00:00:36.180> little

that's the video what is money a little

that's the video what is money a little bit<00:00:36.480> complicated<00:00:36.899> but<00:00:37.140> it's<00:00:37.260> something

bit complicated but it's something

bit complicated but it's something that's<00:00:37.559> important<00:00:37.800> for<00:00:37.860> people<00:00:37.980> to

that's important for people to

that's important for people to understand<00:00:38.340> if<00:00:38.820> they<00:00:38.940> want<00:00:39.120> to<00:00:39.180> understand

understand if they want to understand

understand if they want to understand what<00:00:39.960> is<00:00:40.079> happening<00:00:40.320> with<00:00:40.440> the<00:00:40.500> economy<00:00:40.920> we're

what is happening with the economy we're

what is happening with the economy we're going<00:00:41.700> to<00:00:41.820> do<00:00:41.879> more<00:00:42.059> explanatory<00:00:42.780> videos<00:00:43.020> but

going to do more explanatory videos but

going to do more explanatory videos but the<00:00:44.100> key<00:00:44.219> message<00:00:44.399> here<00:00:44.700> is

the key message here is

the key message here is the<00:00:46.739> government<00:00:46.800> has<00:00:47.040> got<00:00:47.160> enormous<00:00:47.460> into

the government has got enormous into

the government has got enormous into debt<00:00:48.120> that<00:00:48.840> means<00:00:49.140> somebody<00:00:49.559> has<00:00:49.860> increased

debt that means somebody has increased

debt that means somebody has increased their<00:00:50.340> money<00:00:50.520> holding<00:00:50.940> my<00:00:51.480> analysis<00:00:51.840> says

their money holding my analysis says

their money holding my analysis says it's<00:00:52.200> overwhelmingly<00:00:52.680> the<00:00:52.860> rich<00:00:53.039> that

it's overwhelmingly the rich that

it's overwhelmingly the rich that increases<00:00:54.000> inequality<00:00:54.600> that<00:00:55.199> increases

increases inequality that increases

increases inequality that increases asset<00:00:55.980> prices<00:00:56.160> and<00:00:56.460> price<00:00:56.579> in<00:00:56.760> the<00:00:56.940> shops<00:00:57.180> and

asset prices and price in the shops and

asset prices and price in the shops and it<00:00:57.480> decreases<00:00:57.840> living<00:00:58.020> standards<00:00:58.440> Ordinary

it decreases living standards Ordinary

it decreases living standards Ordinary People