If<00:00:00.320> you<00:00:00.400> do<00:00:00.560> not<00:00:00.719> tax<00:00:01.120> very<00:00:01.439> wealthy<00:00:01.839> people,

If you do not tax very wealthy people,

If you do not tax very wealthy people, then<00:00:02.560> they<00:00:02.800> will<00:00:02.960> buy<00:00:03.200> everything.<00:00:03.919> The<00:00:04.160> kids

then they will buy everything. The kids

then they will buy everything. The kids of<00:00:04.640> ordinary<00:00:05.120> families<00:00:05.440> will<00:00:05.759> own<00:00:05.920> nothing.

of ordinary families will own nothing.

of ordinary families will own nothing. And<00:00:06.480> you<00:00:06.640> have<00:00:06.720> this<00:00:06.879> kind<00:00:07.040> of<00:00:07.200> mad<00:00:07.440> situation

And you have this kind of mad situation

And you have this kind of mad situation where<00:00:08.080> you<00:00:08.240> have<00:00:08.320> like<00:00:08.480> ordinary<00:00:08.880> people<00:00:09.040> with

where you have like ordinary people with

where you have like ordinary people with small<00:00:09.519> amounts<00:00:09.840> of<00:00:09.920> wealth<00:00:10.559> like<00:00:10.800> trying<00:00:11.120> so

small amounts of wealth like trying so

small amounts of wealth like trying so hard<00:00:11.440> to<00:00:11.599> protect<00:00:11.840> their<00:00:12.080> tiny<00:00:12.320> amount<00:00:12.480> of

hard to protect their tiny amount of

hard to protect their tiny amount of wealth<00:00:12.800> that<00:00:13.040> they're<00:00:13.200> just<00:00:13.360> allowing

wealth that they're just allowing

wealth that they're just allowing themselves<00:00:14.000> to<00:00:14.160> be<00:00:14.240> like<00:00:14.400> eaten<00:00:14.880> by<00:00:15.120> these

themselves to be like eaten by these

themselves to be like eaten by these billionaires.<00:00:16.000> You<00:00:16.160> know,<00:00:16.400> as<00:00:16.640> these<00:00:16.880> guys

billionaires. You know, as these guys

billionaires. You know, as these guys get<00:00:17.199> richer<00:00:17.359> and<00:00:17.520> richer<00:00:17.600> and<00:00:17.760> richer<00:00:18.000> and

get richer and richer and richer and

get richer and richer and richer and richer<00:00:18.320> and<00:00:18.480> richer,<00:00:19.199> what<00:00:19.439> happens<00:00:19.680> is<00:00:19.920> what

richer and richer, what happens is what

richer and richer, what happens is what ordinary<00:00:20.560> families<00:00:20.960> see<00:00:21.279> is<00:00:21.520> two<00:00:21.760> things.

ordinary families see is two things.

ordinary families see is two things. One,<00:00:22.240> asset<00:00:22.560> prices<00:00:22.880> going<00:00:23.119> up<00:00:23.680> and<00:00:24.000> number

One, asset prices going up and number

One, asset prices going up and number two,<00:00:24.480> young<00:00:24.800> people<00:00:24.960> can't<00:00:25.199> buy<00:00:25.359> assets.<00:00:26.000> And

two, young people can't buy assets. And

two, young people can't buy assets. And that's<00:00:26.320> why<00:00:26.480> you<00:00:26.720> see<00:00:26.880> this<00:00:27.119> massive<00:00:27.840> like<00:00:28.080> age

that's why you see this massive like age

that's why you see this massive like age related<00:00:28.720> division<00:00:29.199> in<00:00:29.519> ordinary<00:00:30.000> families

related division in ordinary families

related division in ordinary families which<00:00:30.800> is<00:00:31.119> older<00:00:31.519> people<00:00:31.920> think<00:00:32.160> that<00:00:32.320> what's

which is older people think that what's

which is older people think that what's happening<00:00:32.800> is<00:00:33.040> great<00:00:33.440> because<00:00:33.600> they<00:00:33.840> see<00:00:33.920> the

happening is great because they see the

happening is great because they see the house<00:00:34.320> price<00:00:34.559> going<00:00:34.800> up<00:00:34.960> and<00:00:35.120> they<00:00:35.360> get<00:00:35.440> told

house price going up and they get told

house price going up and they get told by<00:00:35.760> the<00:00:35.920> newspapers<00:00:36.399> don't<00:00:36.559> worry<00:00:36.960> your<00:00:37.200> kids

by the newspapers don't worry your kids

by the newspapers don't worry your kids will<00:00:37.520> be<00:00:37.680> fine<00:00:38.160> when<00:00:38.399> they<00:00:38.559> stop<00:00:38.719> buying

will be fine when they stop buying

will be fine when they stop buying avocado<00:00:39.440> toast.<00:00:39.760> And<00:00:40.079> this<00:00:40.320> is<00:00:40.399> my<00:00:40.559> message<00:00:40.879> to

avocado toast. And this is my message to

avocado toast. And this is my message to older<00:00:41.360> people<00:00:41.600> who<00:00:41.840> own<00:00:42.079> assets<00:00:42.559> if<00:00:42.719> you're

older people who own assets if you're

older people who own assets if you're watching<00:00:43.360> your<00:00:43.520> kids<00:00:43.760> will<00:00:43.920> not<00:00:44.000> be<00:00:44.160> fine.

watching your kids will not be fine.

watching your kids will not be fine. Your<00:00:44.960> kids<00:00:45.200> will<00:00:45.440> not<00:00:45.600> be<00:00:46.079> fine.<00:00:46.559> I<00:00:46.800> have<00:00:46.960> made

Your kids will not be fine. I have made

Your kids will not be fine. I have made millions<00:00:47.440> of<00:00:47.600> pounds<00:00:48.079> betting<00:00:48.399> on<00:00:48.559> the<00:00:48.800> fact

millions of pounds betting on the fact

millions of pounds betting on the fact that<00:00:49.200> your<00:00:49.440> kids<00:00:49.920> will<00:00:50.239> not<00:00:50.640> be<00:00:50.879> fine<00:00:51.280> unless

that your kids will not be fine unless

that your kids will not be fine unless you<00:00:51.840> tax<00:00:52.000> the