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Karl Kerr
Garys Economics
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Comments by "Karl Kerr" (@karlkerr7348) on "Garys Economics" channel.
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Gary is a sane, Reasoned voice amongst the madness
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Uk being on the decline over last century. Still behaves like an empire, fighting pointless expensive wars and abandoning the British people.
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Inequality is the Big Elephant in the room that our politicians do not, cannot seem to recognise, ignore know how to deal with.
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The Rich don't Pay enuff Tax !! End of
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Cost of living, inflation, frozen allowances, poor training, down sizing workforce, ineffective unions, redistribution of profits to shareholders in dividends and bonuses to executive bosses.
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We had someone called Corbyn who had solutions and inspired us, but look what happened to him....
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Property ownership is the biggest lie ever told and now Starmer making it a flag ship policy. God help us.
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The politicians know the solutions but they're all doing very nicely thank you very much #rentierism #landlords
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A successful economy needs Everyone to take part in it, not just a few, it makes for very poor outcomes....
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Sunak a well oiled snake oil salesman
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No! That's a false narrative, which you have obviously fallen for. That's the managed framework the West wants you to believe to let the Western institutions off the financial hook.
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The rich use wealth as a weapon to keep themselves rich and you not.
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We are heading back to feudalism
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Gary, everything is a political choice of the few, it supecedes the economic needs of the many.
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Do you think Starmer will form alliances between working and middle classes!?
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Musk is a Racist born and bred in Apartheid South Africa!
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End game? The rich living in protected gated communities.
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Money is a loan, it says so on the currency: I promise to pay the bearer on demand
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Money is what is itemised on a ledger ie an account. It doesn't have to be tangible. The key is liquidity of money.
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@blobtv7444 capitalism encourages us to speculate with the house we live in. Surely humanity should be happy to have a warm abode to live in.
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If everything balances to zero, how does that explain the financial crisis of 2008?
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Statistical deception. Goalpost now starts Apr 24 😊
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The cancer is corporate capitalism and its global hegemony
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The rich are creating an economy to not only enrich themselves but provide only products and services for them.
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You need to have same influence as Martin Lewis for your message to succeed.
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When the establishment/msm axis play the man, you know the working class message is getting through
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Middle class are asset rich, their house, but cash poor.
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It's PPP is only supported by the fact it is used as a world reserve currency and used in the purchase of oil.
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Rishi richer by another £120m. Wonder how that happened 🤔 #workharder
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Government debt is private savings ie wealth as you say.
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Inequality, where we all pay same VAT rate irrespective of income level
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It's a metaphor for wealth inequality
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I bet the wealthy 1% aren't seagull subscribers 😅
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Are you saying there's a correlation between rising asset prices and wage devaluation? Is there empirical evidence to support that? Great discussion by the way 👍
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Great idea in principle but taxing wealth would be easier than them spending it back into economy.
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Debt is some else's savings
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Governments rule by division, the workers need to fight United!
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He wants to rule the world 🌎 and Mars 😂
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Economics: its about politics not equity.
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Wealthy inequality is an inevitable consequence of capitalism. The end game is where wealth ends in the hands of a very few e.g. Musk, Gates, Bezoz, etc.
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Hi mortgage rates, high council tax, high utilities bills are having a dramatic impact on capital acquisition and disposal income. Its rapidly been eroded and deliberately so
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Wouldn't they just transfer their UK assets to foreign based assets?
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While the Capitalists rule the world 🌎 us altruists are just pissing in the wind
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Inequality is a problem but Not The problem. Its a consequence of economic policies that create that Inequality that's the problem. Is that Inequality deliberate? Yes we saw it with Austerity deliberately induced by Cameron and Osborne and we are seeing it again with Jeremy Hunt aided and abetted by BoE too!
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Wouldn't making the rich spend off their wealth have same affect ad covid qe, cause inflation? The spending would need to be directed in the most useful places.
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Youre talking revolution man
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That 700bn went to ppe contractors and t&t contractors!
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That's today's lie.
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We need to unify by class Not race.
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Loans, ie bonds, gilts....
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