because<00:00:00.280> of<00:00:00.399> currency<00:00:00.760> devaluing<00:00:01.360> people<00:00:01.560> see

because of currency devaluing people see

because of currency devaluing people see their<00:00:01.880> wages<00:00:02.200> flatlining<00:00:02.879> and<00:00:03.080> asset<00:00:03.399> price

their wages flatlining and asset price

their wages flatlining and asset price is<00:00:03.719> going<00:00:03.879> through<00:00:04.000> the<00:00:04.120> roof<00:00:05.040> this<00:00:05.279> kind<00:00:05.480> of

is going through the roof this kind of

is going through the roof this kind of disguises<00:00:07.319> a<00:00:07.520> wage

disguises a wage

disguises a wage collapse<00:00:09.559> as<00:00:09.679> a<00:00:10.120> house<00:00:10.480> price<00:00:10.719> bubble

collapse as a house price bubble

collapse as a house price bubble increased<00:00:11.719> inequality<00:00:12.160> is<00:00:12.280> pushing<00:00:12.559> wages

increased inequality is pushing wages

increased inequality is pushing wages down<00:00:14.080> but<00:00:14.240> a<00:00:14.799> devaluation<00:00:15.400> of<00:00:15.559> the<00:00:15.679> currency

down but a devaluation of the currency

down but a devaluation of the currency is<00:00:16.480> pushing<00:00:16.800> wages<00:00:17.119> up<00:00:17.520> which<00:00:17.680> mean<00:00:17.880> the<00:00:18.000> two

is pushing wages up which mean the two

is pushing wages up which mean the two things<00:00:18.400> balance<00:00:18.760> out<00:00:19.720> and<00:00:19.840> that<00:00:20.000> means<00:00:20.279> that

things balance out and that means that

things balance out and that means that instead<00:00:20.720> of<00:00:20.880> seeing<00:00:21.279> wages<00:00:21.640> falling<00:00:22.560> what<00:00:22.680> you

instead of seeing wages falling what you

instead of seeing wages falling what you see<00:00:23.000> is<00:00:23.199> Wages<00:00:23.560> kind<00:00:23.720> of<00:00:23.960> flatlining<00:00:24.960> while

see is Wages kind of flatlining while

see is Wages kind of flatlining while the<00:00:25.320> prices<00:00:25.640> of<00:00:25.880> everything<00:00:26.199> else<00:00:26.679> go<00:00:26.840> through

the prices of everything else go through

the prices of everything else go through the<00:00:27.160> roof<00:00:27.800> such<00:00:28.000> as<00:00:28.160> house<00:00:28.400> prices<00:00:28.800> stock

the roof such as house prices stock

the roof such as house prices stock prices<00:00:30.000> food<00:00:30.320> prices<00:00:30.720> Energy<00:00:31.119> prices<00:00:31.439> natural

prices food prices Energy prices natural

prices food prices Energy prices natural resource

resource

resource prices<00:00:33.680> and<00:00:33.920> this<00:00:34.200> really<00:00:34.559> changes<00:00:35.160> the<00:00:35.559> way

prices and this really changes the way

prices and this really changes the way that<00:00:36.760> ordinary<00:00:37.399> people<00:00:37.680> perceive<00:00:38.120> what<00:00:38.239> is

that ordinary people perceive what is

that ordinary people perceive what is happening<00:00:39.160> so<00:00:39.320> if<00:00:39.399> you<00:00:39.520> didn't<00:00:39.680> have<00:00:39.840> that

happening so if you didn't have that

happening so if you didn't have that devaluation<00:00:40.520> of<00:00:40.680> currency<00:00:41.160> people<00:00:41.360> would<00:00:41.480> be

devaluation of currency people would be

devaluation of currency people would be able<00:00:41.800> to<00:00:41.920> see<00:00:42.840> damn<00:00:43.079> my<00:00:43.200> wage<00:00:43.440> is<00:00:43.559> falling<00:00:44.120> why

able to see damn my wage is falling why

able to see damn my wage is falling why is<00:00:44.399> my<00:00:44.559> wage<00:00:44.800> falling<00:00:45.440> and<00:00:45.559> we<00:00:45.640> might<00:00:45.800> be<00:00:45.879> able

is my wage falling and we might be able

is my wage falling and we might be able to<00:00:46.160> have<00:00:46.239> a<00:00:46.320> discussion<00:00:46.719> about<00:00:46.920> well<00:00:47.039> this<00:00:47.160> is

to have a discussion about well this is

to have a discussion about well this is happening<00:00:47.559> because<00:00:47.719> of<00:00:47.800> rising<00:00:48.120> inequality