when<00:00:00.160> the<00:00:00.240> government<00:00:00.480> prints<00:00:00.719> that<00:00:00.880> amount

when the government prints that amount

when the government prints that amount of<00:00:01.199> money

of money

of money effectively<00:00:02.560> what<00:00:02.720> they're<00:00:02.800> doing<00:00:03.120> is<00:00:03.199> is

effectively what they're doing is is

effectively what they're doing is is devaluing<00:00:03.840> the<00:00:04.000> currency<00:00:04.560> and<00:00:04.720> when<00:00:04.880> they

devaluing the currency and when they

devaluing the currency and when they give<00:00:05.200> it<00:00:05.520> to<00:00:05.680> rich<00:00:06.000> people<00:00:06.720> effect<00:00:06.960> what

give it to rich people effect what

give it to rich people effect what they're<00:00:07.279> doing<00:00:07.520> is<00:00:07.680> massively<00:00:08.080> increasing

they're doing is massively increasing

they're doing is massively increasing inequality<00:00:09.120> right<00:00:09.840> so<00:00:10.000> then<00:00:10.160> you<00:00:10.240> see<00:00:10.400> this

inequality right so then you see this

inequality right so then you see this situation<00:00:10.880> where<00:00:11.040> the<00:00:11.200> rich<00:00:11.519> make<00:00:11.759> an

situation where the rich make an

situation where the rich make an enormous<00:00:12.400> amount<00:00:12.639> of<00:00:12.799> money<00:00:13.440> the<00:00:13.679> fastest

enormous amount of money the fastest

enormous amount of money the fastest ever<00:00:14.880> increase<00:00:15.280> in<00:00:15.360> millionaire<00:00:15.759> billionaire

ever increase in millionaire billionaire

ever increase in millionaire billionaire wealth<00:00:16.400> ever<00:00:16.560> in<00:00:16.640> the<00:00:16.720> country<00:00:17.520> and<00:00:17.680> ordinary

wealth ever in the country and ordinary

wealth ever in the country and ordinary people

people

people can't<00:00:19.279> afford<00:00:19.520> to<00:00:19.600> pay<00:00:19.760> the<00:00:19.840> bills<00:00:20.160> right<00:00:20.560> and

can't afford to pay the bills right and

can't afford to pay the bills right and all<00:00:20.960> the<00:00:21.039> prices<00:00:21.520> go<00:00:21.760> up<00:00:22.320> you<00:00:22.400> know<00:00:22.560> let's

all the prices go up you know let's

all the prices go up you know let's let's<00:00:23.119> be<00:00:23.279> clear<00:00:24.000> inflation<00:00:24.480> is

let's be clear inflation is

let's be clear inflation is coming<00:00:25.519> up<00:00:25.599> to<00:00:25.680> 10<00:00:25.840> percent<00:00:26.160> now

coming up to 10 percent now

coming up to 10 percent now and<00:00:27.439> you<00:00:27.599> know<00:00:27.840> most<00:00:28.080> of<00:00:28.160> the<00:00:28.320> people<00:00:28.480> watching

and you know most of the people watching

and you know most of the people watching will<00:00:29.519> not<00:00:29.679> have<00:00:29.760> received<00:00:30.160> 10<00:00:30.640> increases

will not have received 10 increases

will not have received 10 increases in<00:00:32.079> their<00:00:32.239> pay<00:00:33.040> you<00:00:33.200> know

in their pay you know

in their pay you know i<00:00:34.079> think<00:00:34.239> most<00:00:34.480> people<00:00:34.640> would<00:00:34.719> be<00:00:34.800> lucky<00:00:35.040> if

i think most people would be lucky if

i think most people would be lucky if they're<00:00:35.200> getting<00:00:35.440> three<00:00:35.600> or<00:00:35.680> four<00:00:35.840> percent

they're getting three or four percent

they're getting three or four percent that<00:00:36.239> means<00:00:36.480> in<00:00:36.719> real<00:00:37.040> terms

that means in real terms

that means in real terms people's<00:00:38.399> pays<00:00:38.640> fall<00:00:38.879> in<00:00:39.440> six<00:00:39.600> percent<00:00:40.000> seven

people's pays fall in six percent seven

people's pays fall in six percent seven percent

percent

percent at<00:00:41.680> the<00:00:41.760> same<00:00:42.000> time<00:00:42.239> as<00:00:42.640> the<00:00:42.800> billionaires

at the same time as the billionaires

at the same time as the billionaires have<00:00:43.520> never<00:00:43.840> ever<00:00:44.079> ever<00:00:44.320> made<00:00:44.480> more<00:00:44.640> money<00:00:45.280> so

have never ever ever made more money so

have never ever ever made more money so it<00:00:45.840> should

in<00:00:48.800> my<00:00:48.960> opinion<00:00:49.840> never<00:00:50.239> in<00:00:50.320> the<00:00:50.480> history<00:00:51.360> of

in my opinion never in the history of

in my opinion never in the history of economics<00:00:52.000> has<00:00:52.160> it<00:00:52.239> been<00:00:52.320> more<00:00:52.480> obvious<00:00:52.640> what

economics has it been more obvious what

economics has it been more obvious what needs<00:00:52.960> to<00:00:53.120> be<00:00:53.199> done<00:00:53.680> you<00:00:53.760> know<00:00:53.920> the<00:00:54.079> government

needs to be done you know the government

needs to be done you know the government gave<00:00:54.559> a<00:00:54.640> ton<00:00:54.800> of<00:00:54.800> money<00:00:55.039> to<00:00:55.120> rich<00:00:55.360> people<00:00:56.000> that

gave a ton of money to rich people that

gave a ton of money to rich people that is<00:00:56.320> destroying<00:00:56.879> the<00:00:56.960> lives<00:00:57.280> of<00:00:57.360> poor<00:00:57.520> and

is destroying the lives of poor and

is destroying the lives of poor and ordinary<00:00:58.000> people<00:00:58.559> you<00:00:58.719> need<00:00:58.879> to<00:00:58.960> take<00:00:59.280> the

ordinary people you need to take the

ordinary people you need to take the money