Comments by "André" (@Andre-qo5ek) on "Garys Economics" channel.

  1. finally someone that understands WEALTH.
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  2. "to not be able to talk about this. " ... who has a gun to your head? ( you followed up with the answer ) "Top economic journals will never publish your work meaning you will be at a serious disadvantage when competing for jobs/grants. " ah.. this is the gun ... gotcha.... so what we need to build are places to publish and systems of grants. and as for jobs, if you predictions are good, your job is to help every day people survive. the little guys need help to stay insulated from the stock market. from the artificial bubbles the corps manipulate. * maybe guide the laypeople which industries to boycott to have the best results. 😉 ** we also need the humanities added to all education , imo
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  3. ​ @Richorob  For sure. it is an intrenched problem. people IN THE SYSTEM could be screaming and words would do nothing. a complete economic shift would bee to happen from the bottom up, from the tom down, and pressure on all sides from the outside.
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  4.  @uptide1214  (in a nut shell) publications are jsut businesses like anything else. they have agendas and have people in high places that do not want certain things rocking the boat. the real customers of publications want certain product.
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  5. my question is ... where do we invest that is NOT in the game. how does the progressive side of the labor vs owner class get valuable ROI that does not feed the owner class as much. my brain goes to micro loans in an program that vets it's clients to be of whatever progressive ideology i would be willing to support, is there such a thing?
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  6. so the question becomes: 1) how do we change the tax system 2) how do we change the economic paradigm amongst the people so they do not want to become the oligarchy all over again.
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  7. yup yup.. this is why i say it is all zero sum. making the pie larger... still doesn't change that it is all zero sum.
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  8. been saying this for years.. glad to hear more influential people thinking the same.
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  9. what about charging a Jubilee tax of the national debt based on a persons wealth? and yes that would apply to businesses as well. we need mathematicians....
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  10. 11:12 how is renting an asset vs loaning different. liability equity contract protection exactly... people who say they own houses.. but then reveal they have a mortgage are simply lying to themselves. they own NOTHING until it is paid off. landlords and mortgage companies are essentially the same.
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  11. yup, we are in aZERO SUM global economy at this point ... now it is cannibal-capitalism.
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  12. YES.... i have been saying for years now that we need a place for the GRUNTS can join the left. actions that people can feel like they are DOING something, not jsut sending letters, making calls, drafting bills. the red pill stuff works so well because they connect the high from physical fitness to the ideology they sell at the same time. same with religion, they make community and feelings of wellness, liturgy and music that causes visceral sensation.... and while feeding you the crap ideology. the brain is a tricky thing, it takes the whole experience of feeling good and can not separate the health benefits of physical activity and community from the ideology. our brains associate the 2 things.
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  13. Gary cheating at a card game , and getting a job... is the true spirit of a weeb. that was his Chūnin Exams. his Kobayashi Maru.
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  14. 01:05:07 the elite do have their own stories. and sadly, in America at least, the poor have be sold those stories as if they were their own. ... smh ...
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  15. correct. meritocracy is a lie today. and yes a person can still make incremental improvements to their lives. just not actual generational leaps. i believe in luck ( prepared + opportunity ) you can try to improve your odds, know things, be in the right places at the right times, network, but at the end of the day you can be the best and still be passed by an upper that would have granted you access to that class leap. it is a boys club that you need to be brought into. very very very rarely can a person breach it on their own without an invitation. i say, work SMART not hard. that is not to say that working smart is not hard though. working smart IS working hard, but in advantage ways to YOU not just the employer.
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  16. what is funny bout young men being sold being 'alpha'... is that they are ACTAULLY being sold fear; that "others could be better, and YOU don't want to be 'weak' , right?". this is the real grift. it is not empowerment through your support systems. it is individual guardedness. nihilism was freeing for me, once you feel it out and traverse it and understand it. often people confuse pessimism AS nihilism; which is not the case. pessimism / optimism are just add-ons to nihilism. again, a matter of nuance. i really would love people to get a general education in the humanities, in philosophy, in home economics, and statistics.
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  17. yup, the daily person doesn't care about the GDP that is being propped up by steel , chemicals, the military industrial complex... when food rent and energy is super costly.
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  18. protecting yourself IS protecting your community. and your community includes ALL your neighbors. the class war is not left or right, it is up and down the wealth gap.
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  19. waiting for the next video.... i definitely want to fix it as i am in that lower class. it would be great to know how to make my own wealth as well from all this. a dip is coming... which is good for buying in, as long as you buy in on the right stuff. i still think the left needs a huge push into the right-wing wealth economy to seize a share of it and control the reins a little better. and if nothing else, take a slice of the pie and spread it downward.
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  20. listen to this? Ren - Money Ties
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  21. or Ren - Money Game
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  22. from an American perspective... yeah, the rich do not understand inequality. sadly in America the poor do not understand solidarity, unions, mutual aid. there is a wealth worship strata in the American economy in the middle class and the lower classes.
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  23. 1) just look at all the record high profits for so many companies during that period and onward. 2) HOW the government increase its debt , who it gives that money to, who they owe that money back to, who ULTIMATELY gets the money... its all part of it. 3) WE NEED TO BRING DOWN NATIONAL DEBT. not by budget cuts but by having businesses pay their share. all those corporate bail out should have been loans. and the government should be calling in those loans. because in reality, the taxpayer paid the businesses to fail, fire people, and price gauge. this needs to end and business needs to be held accountable o society. right now business is anti-social ( and i am talking about BIG business, not mom and pops. ) - who can do the math on what business owes back to society through all their bailouts, bankruptcies, and other schemes that syphoned money to them.? - 4) we need a paradigm shift on making money ethically. socially, cooperatively, and through things that bring PROGRESS. profit ought only be earned when things get better not worse.
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  24. if you say every option, you can do any option and always be right.
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  25. yup... follow the money.
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  26. people seem not to realize that a mortgage's interest .. basically buys another house or 2 for someone else.
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  27. 01:01:07 yup. we need a version of Monopoly called " Gen Z" . 3 players start in $200 debt and one player starts by owning 90% of the board with $10,000.
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  28. compound interest is theft from the future.
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  29. it is hilarious , that when basic economics is explained, peopel scream communism... um... nah, it's just how capitalism ACTUALLY works. since we were kids we were always told to ask ourselves " follow the money" ... KNOWING the system is the very thing that starts waking people up to the system.
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  30.  @Richorob  stick to your guitar and watching the cars go vroomvroom...... not socio-economics... here is a juice box, go sit on the porch and watch the birds.
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  31. once out of debt, a savings account, a budgeted lifestyle, what would be the next suggestions? even with a 401k and ira... what do we invest in? just straight S&P?
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  32. yup yup .. the Right is VERY GOOD at taking Leftist talking points and methods and twisting them for the Rights use while simultaneously demonizing the left for it. the Rights assets are ... power, cashflow, propaganda. the Lefts lacks al three of those. All the Left has is the moral high ground generally ... like you said socially. MANY people do not understand the nuance and the dividing lines of socio-economics, sociology, and economics. there are absolutely intersecting points but they are in fact separate. from the American civil war, to Reagan, to baby bush's 'crusade', to the 2010 culture war... the Right has been subtle with their propaganda machine. it is now a underlining mycelia that fruits mushrooms where and when they need them.
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