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Patrick Boyle

πŸ‘€ Speaker
647 total appearances

Appearances Over Time

Podcast Appearances

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

It's often the commute could be worse than the rent they have to pay, you know.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And so getting things like even

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

being able to get people to the places where they work in an affordable manner, boost productivity, you know, having a sufficient amount of energy to run the kind of businesses that can be run in the UK.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

You know, Britain, I mean, it's where the industrial revolution came from, right?

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And there's amazing engineering talent in the UK.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

I think almost, I forget what percentage of Formula One cars are all engineered in the UK because there's,

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

that, you know, history and that education here.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

But then you kind of you need to sort of water those seeds.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

Right.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And, you know, what is needed is maybe, you know, when I'm talking about rolling back regulation, I'm not sort of saying that we do terrible things, but I'm saying that that may be, you know, certain planning rules and whatever need to be

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

it we need to look at the car because actually for example like in madrid where they built out this this great metro system you know you could say oh what about the environmental damage but it's like but now we've got 25 years of people going around on on subways rather than driving cars and motorbikes and whatever around the city there's an environmental benefit to that as well and so you have to look at the whole project and the overall gains and losses rather than

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

You know, the problem is that there is and isn't right, because the problem is that when national debt is as high as it is,

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

You know, the answer really is more that spending has to be cut in certain ways.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And, you know, even if you look at it, I think that the average, you know, sort of 65 and older British person has maybe a net worth, you know, this will include their house of around Β£600,000.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

You look at the average 30-year-old and they have student debt.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And then you have all these policies where they're like, well, we have to maintain the triple lock pension and things like that.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

And it's like, well, do we?

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

Do we have to do that?

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

Because you have to recognize that almost every government policy is a transfer from one group to another.

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Why Everything Is So Expensive - Financial Expert Patrick Boyle Explains

That's what governments do.