How high house prices cause IQ decline! | Dominic Frisby 

Broken families and divorce also mean you need twice as many houses.

Housing becomes more expensive when you have eight million of the uninvited run across your southern border. This was part of the plan.

If we backed money with gold how would we clothe feed and shelter the engineers, scientists and doctors that come to us on little boats across the channel?

I was talking to a professor from Oxford. He was complaining about the poor quality of the undergraduate intake compared to the past.

Mass immigration has made housing expensive and scarce in Australia, Canada, and New Zealand

When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.

One of the many thing I’m enjoying about this is that both guys are not afraid to say they don’t understand something or admit they have not heard about something before. True scholars 👍

Our countries are turning from homelands in to nothing but economic zones

It's good that Dominic brought up the facts around serfs during the black plague, this happened precisely because the population shrunk. We should be observing similar tendencies, cheap land and high wages but due to other factors such as migration pressures and economic policies were are experiencing the opposite despite dropping birthrates.

Frisby is wrong about the crucifixion. One incident involving taxes is recorded in the Gospels, where Jesus was asked whether it was lawful to pay taxes to Caesar. He responded by asking for a denarius and saying, "Render to Caesar the things that are Caesar's, and to God the things that are God's" (Mark 12:17, Matthew 22:21, Luke 20:25). This response was seen as a clever way to avoid taking a direct political stance that could be used against him. It showed that Jesus did not advocate for tax refusal but rather upheld a form of civic duty while emphasizing a higher spiritual allegiance.

Things begin making sense when you realize that mean ol’ Mr. Mustache refused to participate in this system.

This is what I’ve been saying, people are spending all their days working away for money that is backed up by nothing , you could save a pile of cash but it could be worthless at any time .

Uh, don’t buy gold. Please don’t buy gold. I wish conservatives would stop shilling this. In normal economic times it produces mediocre returns. In apocalyptic economic times you want food and the ability to produce food which involves land, tools to produce food, and people to grow and harvest that food. I recommend investing in family. Have kids. If you can’t have kids invest in nephews and nieces and if you can’t invest in that invest in your friend’s kids. Just invest in somebody young. Trust me. Someone who has known you and grown to love you over 40 years will take far better care of you then a nursing home attendant who has known you for a month and has 100 people she has to deal with.

Dont get too famous, Edward. Dont want to lose you.

Using debt as money is the #1 driver of wealth inequality. Those who have access to the most amount of debt can grow their wealth the fastest because they always borrow into an uninflated world. Borrow $1M for a house and the identical house next door now costs $1.01M and so on. Cantillon effect

So great to see you two in conversation and hear your respective perspectives and knowledge bases link. Most of the issues we are currently facing are all downstream from this utterly broken monetary system.

In a fiat currency debt based economy, taxation is ultimately now only a method to regulate money supply and thus the value of money. Fiscal policy is primarily funded by debt. Fiat currency has no inherent limit to its supply. If a government merely creates perpetual debt to fund spending it would be disastrously inflationary. Thus tax is not used to fund public spending but is used to suppress the inflationary effects of that debt based spending. There are other inflation regulation functions as well including the price of money.

I really liked the guest. Seemed like a very pleasant person to have a conversation with.

If this kind of financial knowledge were more well known then no one would support immigration and offshoring jobs. The bad decisions of the past have bit us in the ass.

Since there was interest in my last remark I thought I'd add some more details about declining standards (you should be able to find the original documents I used online): There still seems to be people who think that 'A-levels' have not been dumbed down. In the case of mathematics the evidence for this is overwhelming so I think it's worth demonstrating that. It is common practice at many universities to give the same standard maths test to all engineering, physics and maths students when they first arrive in order to discover any gaps in their knowledge so that first year maths courses can be adjusted to fill in any weak areas. Knowing the students A-level result in Maths and using the test result gives the following: For a 1991 cohort at Coventry University, the scores of those who got N (a fail) in A-level maths in 1991, (some soft sciences were open to those who failed A-level maths), were virtually identical to those who got a grade C in 1997. And the continuation of the same study revealed that 1991 N-graders were equivalent to 1999 B-graders. In general, then, on certain basic mathematical skills, A-level standards in maths are dropping one grade every two years. And in a diagnostic test given at York University over 15 years, and reported separately in 2001, this finding is corroborated. A student with an A grade at A-level now had a score on the test which would have put him or her near the bottom of the cohort in 1986, and, even more striking perhaps, an average grade B student at A-level was able to score only marginally better on the York test than could have been done by random guessing. From the university of Sussex: Students skills have gradually declined over the years. As the test has been used since the 1970s (with some small changes during the 1980s due to A-Level curriculum changes), some statistical data is available to indicate this. A two page memorandum was circulated inside the department in 1998. This memorandum indicated that the mean of correct responses (out of 30 questions) fell from 25 to 18.5 between the mid-1980s and the mid-1990s. "Algebraic skills amongst math A level students have declined to such an extent that the manipulation of powers and logarithms is a dark mystery to many" (we used to call it O-level Maths in my day). See for example "Historical Study of Correlation between A-Level Grades and Subsequent Performance Ken Todd University of York". The study in that case runs from 1985 to 2001, but since pass rates have continued to increase since 2001 I don't believe things are any different. One university (I forget which one) had to abandon its test in 2000 as too difficult. None of this is recent. Standards have continued to decline and all universities have now had to abandon their standard maths test for STEM students and concentrate on teaching remedial classes to bring students up to the old A-level standard.

Wikipedia confirms the disjointed account of Adam Smith given at 23:49: "Smith considered the teaching at Glasgow to be far superior to that at Oxford, which he found intellectually stifling. In Book V, Chapter II of The Wealth of Nations, he wrote: "In the University of Oxford, the greater part of the public professors have, for these many years, given up altogether even the pretence of teaching." His undergraduate career was a little different, and might have caused some confusion. "Smith entered the University of Glasgow at age 14 [in 1737] and studied moral philosophy under Francis Hutcheson. Here he developed his passion for the philosophical concepts of reason, civilian liberties, and free speech. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition."

All according to plan

The black death in europe struck harder because there had been successive crop failures in europe. By the time the black death arrived the peasants were tired and malnourished

When the bank loans you a million pounds, they do technically have that money, somewhere in their books. However they have already loaned out those £1M to 20 other people before you and will loan it out to 20 more people after you

Gold 2003 250 gold 2024 1800....imagine being so full of it you vote to inflate currency and pretend your stupid old house is worth loads utter narcasism

If serfs were only given surnames, to enable identification for taxation, then they joined aristocrats and landholders, small and large, with surnames, who were already being taxed...

Absolutely fantastic and engaging conversation - especially about IQ decline

"It is well enough that people of the nation do not understand the financial and monetary system, for if they did there would be a revolution in the morning". ~ Henry Ford

What I am hearing from many young couples these days - they just don't want kids and responsibility in raising them and rather choose pets

Its so important "our side" understand the financial and banking system that is hollowing out the West.

Ed, my family are a microcosm of your entire show. I am in the process of getting an online Maseter’s in Electrical Engineering. My wife’s family are from air force officers and pilots in the 40s and 50s and low level European nobles before that. We are fleeing the US, to go to Argentina to have our 4th child because it is at the inflection point of having just rejected leftism. My daughter taught herself to read at the age of 5. I quit a very prestigious job at America’s largest engineering firm because of the midwits pushing woke ideology and now they cannot get their billion dollar aircraft off the ground….

Housing price rise causes ... Why doesnt he talk about about immigration?

Important video, worth sharing.

To pick up on a topical point... Adding vat to public school costs will expand the number of diversity individuals going to top schools on scholarships from charity.

14 minutes of silence, excellent for reflection on the interview

What about the theory that the plague also killed 90% of catholic priests, who were at the time intelligent?

The issue is bankers and allowing people with alliances with other nations to control the laws and politics.

If I was Lord Protector than these are two of the gentlemen I would have in my advisory council.

What a great conversation. Essential viewing.

Two great guys whose works I am quite familiar with. This conversation would have actually benefited from a quiet third person acting as a chair at times, just to ask them to recap and summarise

Dominic Frisby interviewed RICHARD HEART ❤ Legend "We're all far Right now" 😂❤

Great interview. Mutual respect. Like 2 dads talking.

Great talk. Yes, high house prices are criminal. The west would ultimately benefit from fixing this, however. Young people would regain their confidence in government and life.

Two of my favourite people in conversation, this will be good.

This sort of information was really first put out by Peter Joseph and his Zeitgeist documentaries some 15yrs. So many people still don't realise how the system works

What happened during the last 10mins of dead air?

Is the managerial revolution the same thing as the universities becoming stagnant and non-intellectual?

Last 15 min of video is blank?

JH-your guests have been fire lately. Love to see this!!!

Great show

Too many women, boomers and aliens.

Colonel gaddafi tried it and got deposed

Where rent is considered, Dominic is not considering the percentage of people's earnings that is being spent on rent. It may be more closely related to earnings than mortgages, but house scarcity drives up both mortgages and rent and may people are now shelling out a huge portion of their income on rent.

Can anyone suggest a rebuttal to my theory that the money printed during COVID was quantitative easing by the back door.

Proper take guys…well done 👊

Bitcoin is not an inflation hedge. Only real commodities are an inflation hedge. Everything else here is awesome.

"You'll own nothing and you'll be happy" Ida Auken, World Economic Forum

you should NEVER wish the collapse of US Dollar… it’s gonna be HORRENDOUS for everyone

In Britain we assume house prices will continue to rise but this is not true. They will fall

@TheJollyHeretic FYI the video file has about a dozen extra minutes of black screen at the end after the show has ended.

Finally some English dudes 👍

A lot more money, lower rates and a limited number of houses = more money per house.

Money = a promise to pay you nothing.

Intelligence is different to common sense and the herd mentality. We are so easily led by what we see and are influenced by.

TJH you bastard! I was enjoying that fantastic interview, thinking I was getting an hour of free content. Alas I've ran head first into another pay wall. Beggars can't be choosers I suppose, but please clip your videos appropriately. 😂

Hey, it's the We're All Far Right Now Guy! 👍

This is not technically true, you could print money and have cheap housing at the same time, in fact you could have pretty high inflation and have a better more wealthy economy than today. Inflation is a tax, but currently in the UK for example the gov taxes about half of the economy every year, of that half a very small percentage is the inflation tax, most of it is income tax, VAT, property taxes, etc. What determines the cost of housing is supply and demand, demand is more or less stable, everyone needs at least one place to live. Therefore the true culprit of the price of housing is the lack of supply. And this can be very easily explained by the mountain of regulation around building. Essentially you can only build in certain plots of land were politicians say you can build, you can only build as tall as the politicians say, you can only use a certain set of materials, and on top of that you need a permit which that may or may not give you. This bunch of regulations are at fault for reducing the supply of housing, which is why the increase in price. If anyone could build on any piece of land they owned, however tall they liked, with whatever materials they fancied and without asking anyone for permission housing prices would plummet.

Great video. The housing market has been engineered for a long long time. I remember the house prices rising by 180% under a labour government. In the 60's and 70's you could buy a house with 3 times your salary now it's around 14 times with 2 salaries and at a time ehen marriages on average last 7 to 11 years. This country has become a joke. Look to Europe they don't use housing to grow the economy. They actually crrate and sell things.

Great talk Jolly, is this heavily edited? It's cool if it is, just wondering.

Before even revolution the tax rate is lower than before it. The story of Russian revolution taxes is that the state was willing to forgo a considerable income from alcohol taxs in order to lower alcohol consumption, this made drunks mad. But it likely didn't have any effect as revolutions are caused by elites, not by angry drunkards.

I don't agree with your taxation theory, it's the monetary system that's the fault, usury and fractional reserve banking.

So what would I have accomplished decades ago? I saved 70k over a period of 5 years to put half down on a mortgage in 2018. Obviously I would have made less money, but understanding my ability to save I would have been fairing splendidly.

buy agricultural land instead of gold as personal investment. the UK needs to return to the gold standard and reserve banking

Ohh Ed, from 47:00 - 1:10:00 its blank :)

Tulip mania strikes again! All bubbles eventually pop. When Your Wife Loves Tulips by Frans Kuiper Never try catching a falling knife, Delay buying and ignore the wife, Drowning in debt will rob you of life, Trust in your instincts to avoid strife.

Very interesting about the "cycle" of universities. He need some dissenting academies!

“Russia is sowing the seeds of discontent.” Well, they have an easy job then. :)

it looks like the taxman stole the last 21% of your video

House prices are not too high in Poland or Hungary, however people there have lower fertility rates than British people. Also, even though in 1980's and 1990's houses in UK were more affordable and culture less woke, white British people had only marginally higher fertility rate than now

The rent is too damn low

41:15 guys 😮

Musical Theatre college student here. @ 46:25. Where do I keep an eye out for auditions?!

35:35 So there's only one thing we haven't tried......interesting

So the more money they print, the higher the prices, the lower the wages….how about the government stop QE money printing 🤷‍♂️ so all rubbish starts with government, shrink that and we will all be better off ? 🤔

That is the hot take, 'taxes'. The usual reeee fiat currency drivel. If you don't like trading in fiat currency there is absolutely nothing preventing you from going and trading all your currency for metals.

He’s smarter than Rogans buddies

While the cost of housing is obscene (Frisby oversimplifies the causes of this, other factors like housing benefit putting an artificial floor under yields, and the positive tax treatment of residential property are two more, there are others) Frisby is deluded to think affordable housing will result in any change to birth rates. Housing has got progressively more affordable since 1990 in Japan, and birth rates have continued to plummet. Even so, as more people arent tied down by family, they are more mobile, and so have all moved to big Japanese cities, thus making housing still expensive there. Even with affordable housing in the rest of the country, they dont want it. I suspect similar would happen in the UK. Indeed it already has in many cases. There IS more affordable housing in the UK, but no one wants to live there. Everyone wants to live within 50 miles of London. So the minute you might increase supply in the South East, it will be snapped up by either those deserting the north, investment funds, or immigrants. Low birth rates are an affliction of irreligiosity. The only white/western groups with high birth rates are Israelis, Mormons & the Amish. Similarly, religious groups of non-europeans present in western societies, ie muslims, maintain high birth rates. People might say its the cost, its to be 'green' in surveys about why they are not having children. They are lying. They are not having children because by & large, they think children will get in the way of their hedonistic lifestyle.

Is it really that much of a deal and "people losing all their money" when majority just lives hand to mouth, paycheck to paycheck at this point?

Surf the KaliYuga 🤙

Guys who hide gold and silver gang!

A simple solution is a gradual change. You simply require X amount of equity to buy a house either 10 or 20% is the current start point, and this amount increases every year by maybe 2% and will never drop. It lessens the impact on boomers and puts a large disincentive to speculate long term for capital gains.

High quality vid, Bitcoin pilled

69 times? Nice

69 times? Nice.

time stamps please. no time to watch a whole hour

Re the black death resulting in the average IQ being shifted right on the bell curve. Could that same process and outcome be applicable to the Holocaust?

3:23 69 times? nice.

Nah, it's just that the rabble want too much nice food. Right, Edward?

There are no female geniuses.

The last 15 minutes of this is black