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Inequality is driving everything

2025-03-02 Education
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Garys Economics
Garys Economics
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Description

This one central idea has enabled me to correctly predict the cost of living crisis and collapse in living standards since 2008 – as well as stock market rallies. Part 4 of Gary's Understand the Economy course. Here are the first three videos on the course: 1. What is wealth - https://youtu.be/bReS9FLpgT4 2. What is wealth inequality and how does it affect the economy - https://youtu.be/TflnQb9E6lw 3. Why most economists don't look at wealth inequality - https://youtu.be/CivlU8hJVwc UNDERSTAND, SHARE & PUSH BACK SPOTIFY - https://open.spotify.com/show/2807p01KIe4RRFjRTB5o25 INSTAGRAM - https://www.instagram.com/garyseconomics TIKTOK - https://www.tiktok.com/@garyseconomics BLUESKY - https://bsky.app/profile/garyseconomics.bsky.social X - https://twitter.com/garyseconomics FACEBOOK - https://www.facebook.com/garyseconomics PATREON - https://patreon.com/garyseconomics DISCORD - https://discord.gg/vqME6WsPd7 WEBSITE - https://www.garyseconomics.org SUBSCRIBE, SHARE & START A CONVERSATION Performed by Gary Stevenson @garyseconomics

Top Comments (10)

@jasonclement3000 2025-03-02

This movement is gaining momentum. Thank you Gary for leading the way. A lot of people usually shy away from inequality conversations for fear of being shamed by so called "experts" when they really are just speaking from their biases and not from hard data

2.6k 70 replies
@johnmccarthy9964 2025-03-02

You killed it on Piers Morgan Gary. These talking heads didn't stand a chance against you

1.8k 147 replies
@ErinPenelope-j1g 2025-03-09

I'll be retiring in about 5-6 years when I'll be around 62/63 years old. Currently, my 401k holds approximately $1.2 million, and my IRA has around $970k. I also have cash holdings of about $550k that I'm particularly interested in investing in the stock market. However, I realize that I lack the knowledge and confidence to navigate this unfamiliar territory. Therefore, I would greatly appreciate any additional information or guidance you could provide as I move forward in this financial journey.

1.1k 11 replies
@Ahibasabala 2025-03-02

I've always been of the belief that 'people who can', choosing to guide 'those who can't', are a shining light in our society. I'm one of 'those that can't', i'm not good at maths, my jobs have always been low paid and i struggle, so to look up to leaders that actually care, is a rare and wonderful thing. Thank you Gary.

816 23 replies
@AutonomousInterdependence 2025-03-03

I studied economics and biology, and work as an infectious disease modeller. During my economics degree nobody talked about dynamic systems. But in infectious diseases we don't do anything else. But if you apply even the simplest "interest with no taxation" in a dynamic model (ask ChatGPT) you know that Gary is 100% correct, all money ends up with a small group. Democrasies without propper taxation cannot do otherwise then converge to oligarchies. It is in our architecture.

667 48 replies
@Scotlanz 2025-03-02

I went to Lanzarote as a singer in 2003. My wages were €150 a night and rent was €300-400 a month. I ended up buying a bar and a couple of properties. Then boom! 2008. Lost everything. A short sharp lesson in how a mortgage isn’t wealth. I just had a short holiday to Lanzarote and I worked for 2 nights. So 2025, wages are €120 a night and rent is around €1400 a month. Now that’s a sobering economics lesson. 😬

486 17 replies
@ThoughOwl_products 2025-03-02

Focussing on inequality is not being missed, Gary. It is being ignored because it is not in the interests of the money men to do anything about it

357 28 replies
@kaliyahdrake9751 2025-03-04

From someone working class and coming from extreme poverty, thank you for using your voice. We are suffering so badly for no reason.

180 20 replies
@davidw8206 2025-03-04

Studied economics, had a front row seat as a trader and investor ( 25 years running now ) witnessing the corruption with banker bailouts in 2008 and Covid bailouts in 2020 and the biggest wealth transfers in history. Gary is absolutely right in the content he presents, but your up against a very formidable force who will want to retain there wealth at all costs and I mean at all costs !. Great unity and sacrifices will be needed for this to change.

112 9 replies
@tk3141 2025-04-02

This is one of the most important YouTube channels right now.

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