Comments by "Ray Bod" (@raybod1775) on "Garys Economics" channel.

  1. Official inflation figures are about half of real inflation.
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  2. Free trade means corporations can avoid paying local taxes and use cheaper overseas labor to produce goods and services. Tax laws allow the wealthy to avoid taxes through trusts and owning corporations which allow tax write offs and tax avoidance. I know from being brought up poor, learning about investing and working my way to the upper middle class. The financial sector essential produces nothing but reaps huge financial rewards. Most people don’t have a chance to have a secure life.
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  3. Free trade does that, chasing the lowest wages without paying local taxes.
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