Steven

But I think the most amazing thing I've ever seen in my whole life was that at the beginning of COVID, the very beginning of COVID, we knew... governments across the world are going to be giving out tens of trillions of pounds, dollars, euros. Nobody even thought to ask who's going to get tens of trillions richer.

But I think the most amazing thing I've ever seen in my whole life was that at the beginning of COVID, the very beginning of COVID, we knew... governments across the world are going to be giving out tens of trillions of pounds, dollars, euros. Nobody even thought to ask who's going to get tens of trillions richer.

Nobody in the Conservatives, nobody in Labour, nobody in the Republicans, nobody in Democrats, nobody in the media, nobody in academia, nobody in the central banks. Nobody asked this. It's almost beautiful. It's unbelievable. It's unbelievable. So I sat down and I did the analysis at the beginning.

Nobody in the Conservatives, nobody in Labour, nobody in the Republicans, nobody in Democrats, nobody in the media, nobody in academia, nobody in the central banks. Nobody asked this. It's almost beautiful. It's unbelievable. It's unbelievable. So I sat down and I did the analysis at the beginning.

Because lockdown is essentially banning the spending of the rich and replacing that spending of the rich with printed money from government. What happens is the government gives workers money. They use that money to pay their bills, to pay their rent, pay their mortgage. It goes to the rich. The rich can't spend it because they're locked indoors.

Because lockdown is essentially banning the spending of the rich and replacing that spending of the rich with printed money from government. What happens is the government gives workers money. They use that money to pay their bills, to pay their rent, pay their mortgage. It goes to the rich. The rich can't spend it because they're locked indoors.

And what you get is essentially an enormous amount of money from the government to the poor, to the rich. And this massive, massive transfer of wealth is... That was so obviously going to happen at the beginning of COVID. Nobody discussed it, which I think is itself amazing. Let me ask you a question, all right?

And what you get is essentially an enormous amount of money from the government to the poor, to the rich. And this massive, massive transfer of wealth is... That was so obviously going to happen at the beginning of COVID. Nobody discussed it, which I think is itself amazing. Let me ask you a question, all right?

If we were now to pause the economy for two years and during that pause massively increase wealth inequality, what do you think would happen to broad living conditions when we unpaused?

If we were now to pause the economy for two years and during that pause massively increase wealth inequality, what do you think would happen to broad living conditions when we unpaused?

Do you think the average Brit, American, Australian, wherever the person out there is watching, if they quit their job and go work in tech, do you think they'll be able to get financial security relatively easily?

Do you think the average Brit, American, Australian, wherever the person out there is watching, if they quit their job and go work in tech, do you think they'll be able to get financial security relatively easily?

It's not specific to anywhere.

It's not specific to anywhere.

All four of them died with nothing. because that wealth which they had in property was used in equity release schemes. It was used in paying through their retirement. It was used in end-of-life care. Do you think when those old people die, young people today will be rich?

All four of them died with nothing. because that wealth which they had in property was used in equity release schemes. It was used in paying through their retirement. It was used in end-of-life care. Do you think when those old people die, young people today will be rich?

Do you think ordinary families are the creditors?

Do you think ordinary families are the creditors?

So if the average British family has half a million pounds in debt, does the average British family have half a million pounds of credit?

So if the average British family has half a million pounds in debt, does the average British family have half a million pounds of credit?