Gary Stevenson

You know, I've done videos in the last couple of years, I did one saying like forget about money.

And the big idea for the forget about money video was

Forget about money because money is confusing and the government can print money and it can do a lot of things.

But what the government can't print is resources.

And any given amount of time, there's a certain amount of resources.

There's a certain amount of housing, a certain amount of energy, a certain amount of raw materials, a certain amount of transport, a certain number of cars.

And these will be distributed in a certain way.

And

When you understand that, you realise that this idea that Jeff Bezos is suggesting, how about you let me keep my money and then I will give you more money, is like kind of like a nonsense.

We can't just like suddenly create more money.

Jeff Bezos gets more money and you get more money.

But I think it will appeal to some people.

It's taken advantage of like a lack of economic understanding, this idea that like,

There's an American movie from a few years ago called Idiocracy, which I actually tried to watch and I didn't think it was actually a great movie.

But there's a great scene where, you know, there's a guy who's running to be president and he says, well, what I'm going to do is I'm just going to give everybody more money.

And he takes that sort of like machine gun.

He starts firing money into the audience because, of course, we can print out money.

But at the end of the day, there is competition for real resources.

We exist in economies where billionaires pay very low rates of tax.

Jeff Bezos himself has paid, if you look at his life, he's worth about $280 billion.