Gary Stevenson

simple video that you need to watch on this channel to understand why growing inequality is what is hitting living standards.

I would recommend watching the video from last year called The Squeeze Out, which basically explains that

You know, once you stop taxing rich people at high rates, which we did in the 80s, they start to generate an enormous amount of income.

They start to buy up the assets.

They get richer.

Asset prices go up more and more.

Ordinary people can't afford to buy assets anymore.

And eventually you see wealth, ownership,

the ability to own squeezed out of the working class and squeezed out of governments.

And then obviously people have nothing left and they start to see their living standards fall.

I think that is the best video we've made that explains the economic case.

I mean, Jeff Bezos himself is an excellent example, right?

So Jeff Bezos is if

Google can be trusted worth about $280 million.

Sorry, yeah, thanks.

Jeff Bezos made the mistake myself.

Jeff Bezos is worth $280 billion, which means that if he makes 5% a year, which he'll almost certainly make significantly more than that he's going to make

$14 billion a year, which is something like $1 billion every four weeks.

So he's making it a $250 million a week.

So he's making like 30 or $40 million a day.