Post

Garys Economics - the economy is real resources, not money (15m 51s): https://v.social/s/P3U22Ur TL;DR The economy is real resources, not money or interest rates. There are no new resources. You need to take resources (redistribute) from the ultra wealthy to create economic growth. Cutting interest rates does not work, it cannot grow the economy. But this is what governments do and economists favour. If the ultra wealthy do not have their resources taxed (fair redistribution) - the middle class, working class & government will continue to have less & less resources. So living standards (+ buying power + wealth distribution) will continue to decline. Note: The ultra wealthy (elite, billionaires, etc) have their wealth tied up in resources, not money. They are barely taxed due to this. See 'Garys Economics' other videos and public campaign (& 'Pissed Magistus' content) to better understand this divide and the continuous upwards redistribution of wealth that is causing the current standard of living crisis.