Inflation WILL Fall This Week 

Either he was lying when he said he had nothing to do with inflation being so high, or he's lying now when he says he brought it down.

yeah and he had choices. He could have become the next Andrew Tate and drive around with his flash Bugatti. Instead he is in his modest flat, with wallpaper from the 80s and basic kitchen. Love it lol!

@@jungleboy1 his target audience aren’t teenagers

Yeah, that's all grand, but still he is just talking about it. Most of his videos are basically "we need to fight the rich... we need to tax the rich... we need to reduce inequality..." but he never gets to the point! How are we going to do that? How would he do that? Whats the plan?

@@NEOmnius I agree mate, I’d be surprised if Gary isn’t thinking about this - I’ve seen this comment quite a few times so surely it’s got to him

I think his position has been fairly well established, tax wealth especially assets owned by super wealthy individuals. I think he avoids saying it out loud so that it doesn't cause dumb fiscal conservatives to freak out. He'd rather just point out facts then slowly allow cognitive dissonance to set in and allow them to come to their own conclusions.

It's only a failure as in the concept of the importance of a 'free press' in a genuine 'democracy' - the truth being that there is no such animal in reality!

They're not failing at all - you just don't understand what their objective is. Who owns the media ?

You think the media works to inform you? Oh....the media is doing exactly what it's meant to do

The media existed to manufacture consent even when they did a more thorough job of covering their issues.

The media are the problem... They represent the interests of the global rich, drive the political process and "own" the politicians. It makes no sense to trust the media because their mission is to either cover up the truth, or lie, or both. And it works. Goebbels was good at this tactic - it's called propaganda.

Who said that?

which Bulgaria - ? the poor or are you from the rich ? - the thugs ?

Economic inequality is Bulgaria is about the same as the UK. Corruption feels very similar to me as well.

@@keepcreationprocess if I was from the thugs, how do you think, do I will be fan of Garry ?! Unfortunately (for me) I am from the people. Simple logic.

@@ivonnikolova503 No, it is not that simple nor logical. you don t know what working class is. You don t have major debts. You have freedom even when you don t work - you have a home. It is not the UK. where you can t go nowhere. You don t speak sound like the working class.

Agreed but he does fail to mention the impact of high net migration on the availability of housing

Not ProfSteveKeen.

​@@CCP_Operativebecause it's not that big a deal when you compare to the number of births.. you think immigration is high? How about 140 million people being born every year?? immigration is NOTHING compared to natural population growth.. immigration is a convenient red herring that politicians use to get you mad and to divide us.. stop letting them divide us and THINK! Use your fucking brain!

Only because I'm not on Ytube;)

Try David Harvey. Also to not forget* Gary went to LSE, so think about looking lord giddens , David held and even the likes of george soros who all attended lse, and have lectures on youtube. * edit i forgot to include the word forget 😂

they aint wrong

Sadly many are.

We are....

It's as if they know enough people are stupid

They work on the basis that they can convince enough people to vote against their own best interests, divide and conquer. Just look at the culture wars for a current example.

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.

Impressive can you share more info?

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

And Gary amongst others it has to be said is predicting inflation rising later in the year. So watch the media blame Labour for inflation rises in autumn and winter when we know it will happen regardless.

As he said himself, a lot of people knew this would happen. Anyone with a bit more economic knowledge knew. I started watching him a while ago, and I also got his book. His basic message is we need to tax the rich... we need to fight the inequality. I was waiting for his new videos regularly, and he basically parrots this all the time, but he never suggests any course of action! He never says which way could taxing or fight against the rich could be done?

@@NEOmnius Sure, but I was thinking more how disingenuous the news reporting was in that regard. I don’t know how many people know how inflation works and how it is calculated and I haven’t seen mainstream media taking it upon themselves to explain it. I’m not an economist and I didn’t know how this exactly is reported. As for how to go about taxing the rich? Gary said in number of videos to pressure your local MPs. There is even an email you can send to your local MP. Taxing the rich really is a matter of a new tax legislation. It’s not a rocket science. But in the UK that is very unlikely to happen at the moment, since the politicians ARE the rich or in some way connected to them. Least we can do is to get the electorate to talk about it. Maybe change the mindset of the rich themselves, that if you have less wealth inequality, it is for the benefit of the entire nation and its economy.

I agree. Love an analogy, especially when it punches Sunak on the nose so eloquently.

It is and isn’t. Once the swelling goes down while you will have the memory of being punched you will have no lasting effect. With inflation the effect lasts beyond the passage of time.

@@Jake-hb8ek Until you get punched again.

How do we go about taxing the rich then in reality, what does it look like. If no party is serious we will end up in a constant spiral no? Politicians funded by the rich who want to keep it how it is, what’s the counter attack? Basically what are the actions that need to happen to make your words reality. Happy to share your content as you suggest but it will most likely fall on deaf ears, what party would affect this change and how would they go about upsetting the status quo. Love your content but it makes me feel even more helpless rather than being ignorant to it (ignorance is bliss!) if you know what I mean. Cheers

@@TheMainhoodit won’t ever happen. Even Labour are funded by business. What we really need to do is get executive pay under control. I don’t object to people getting good pay but I do object when it comes out of the general workers pay packets. Basic rule of business is that you only do something if it saves you more than it costs or it makes you more than it costs. If it dosnt do either of those 2 things then don’t do it. Now when you take that on board you only employ people when they make you more money. So take someone building cars, if you double your workforce you double your output. So when you have an exec paid 10million and your workers are paid say 30 thousand this guy has to personally make the company 333x more revenue (not profit) than the workers on 30k. Logically that dosnt stack up. Hence my assertion that we should get exec salaries under control. I’m not talking about capping them but more that if you have an exec that’s paid 10mil then his workers must get paid something proportionally similar. Making extra profit isn’t hard when you just sack a ton of staff, less costs = more profit but you’re affecting revenue and future company profitability for the sake of short term profits. Not exactly big brain requirement.

Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of…. Seeing my portfolio go from $80k to $600k in 5 years is surreal all thanks to insights from my financial advisor.

Who is this person guiding you and how can i reach he/she?

She goes by ‘’Melissa Elise Robinson’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.

Yeah, they want you to thank them for making things more expensive, but not "as quickly" as they could. It's mad!

Don't forget the next general election is not far away. The largely Tory controlled media will try to project a good news story so that the easily distracted will vote for them. Labour would do exactly the same, Don't vote fir either, as George Ga,lowly says, they are two cheeks of the same arse or the Uniparty.

I disagree, value of the currency on the world stage is just as important as real wages. Edit as most of our goods are imported.

Look up Real (after inflation) wages if you want to see something depressing. Since 2008 weekly wages have gone up by something stupid like £10

@@Oldmanpeace still ends up being us buying goods in this country with our wages though

Don’t blame them

@@369dabbler Billionaires are leeches of society. Your water bill, utilities, food etc owned by multi national corporations or billionaires, your money leaves the UK, it ends up in a shell company or tax haven, so tax free or low tax. The government borrows to make up the shortfall, creating interest payments to the banks. Once the government are in debt (£2,86 trillion in the UK by Oct 24) they must borrow more to keep up the interest payments, and so the cycle continues.

Absolutely right- there is always a global knock-on effect. No country is immune

@@tdc7 how’d know I’m not referring to his previous works? I can continue watching the video and commenting?

@@tdc7 Thanks for the English lesson.

But a realistic description of the way the Tories spin every slight improvement as a sign of their wisdom and competence... and every scandal, disaster, scam, corrupt practice, etc., as the fault of someone else...usually Labour, the 'woke' mob, or Hamas. lol

@@curmudgeon1933 Not just Labour, but Jeremy Corbyn specifically.

​@@curmudgeon1933Labour would do exactly the same if they were in power and the Tories would be calling them out on it. Two cheeks of the same arse.

Labour can't, on the one hand, blame the Conservatives for causing inflation and then not give any credit when they , the Conservatives , claim to have brought it down. Labour can't have it both ways can it ?

@@johnristheanswerOh you haven’t seen a thing yet. Here in Slovakia we have politicians requesting to defund some government agencies because they support also LGBT projects, then turns out the person being vocal about it is using these agencies money to publish LGBT projects via his publishing company. You can literally say anything in this country and it won’t matter. And I feel like UK isn’t way different, considering the whole Brexit joke.

Great idea - will be storming

Yes for Yanis and Gary

I would be very into that

I'd be worried. Govt agencies may send a hit squad.... Varoufakis got blocked in Germany recently. They really dont want people like Gary to speak out.

Don't look to one person to be your saviour. We need a societal change, and that only happens when everyone comes to the same understanding of the situation. So go and share these videos with your friends and family and coworkers. Talk about the issue and try to make people understand. Then maybe in a few years we'll get better independent candidates and we can vote for real change

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FWJSdrcdxFI.htmlsi=-tTQ7FerCAcvFofS

Too the barricades!!!! 😂

share this video

The short answer is the workers need to own the means of production. It's the only way.

CEO's are only interested in profit to expand their wealth hence percentage pay rises expanding gap year on year.

Watch his old company and companies he dealt with get rewarded by the government.

The situation in NZ is alarming

The problem is adern didn't do anything to change the situation, not really a social democratic government. The same will happen with kid Starver, people will expect left wing measures and we'll get the same neoliberal nonsense

Cutting Government jobs only helps the rich, Government wages are all spent in the economy and produce tax revenue . when it goes to the rich they buy assets like houses and increase house prices and money is not taxed . This increases gap between rich and poor, same happens with outsourcing and privatization !

Yep - spot on.

Yes. Aka Disinflation

no, not disinflation, prices are still rising just at a slower rate then before

@@Magnerz25 Yes... Disinflation. You just disagreed with him and explained what disinflation means lmaooo

@@sefyboy7183yeah, fair enough, he was correct with his original comment

@@Magnerz25 The different terms they like to use: Inflation Disinflation Deflation We are all here to learn and understand the economy better. I know the economists love to use different jargon and maybe it’s to confuse the masses.🤔

Listen to the last 90 seconds

I love how you think it's just the Conservatives who would do this.... Labour and Conservatives are two wings on the same bird, chap. Don't fool yourself into thinking Labour are any better than Tories..

@@richardashworth400can’t wait for labour to get in, so they finally shut up and realise, the whole bird is broken.

@@paulwhalley6789 Nope it means that we should all be voting for someone different than the Tories or Labour (and Lib Dems) because they are all 'sponsored' by greedy businesses and the rich and over entitled. And it's actually that whole, 'there all as bent as each other' is what the Tories and Labour want people to think because that keeps it a two-party system. What this guy Gary and others have been saying for years now, is that it's time to get rid of these two, and if the next two are 'as bent as each other' then we need to vote them out as well come the election after. And WE the public need to stop our voter apathy and push for no more sponsorship by the rich.

@@richardashworth400 I love how you think that you have me figured out on a few words in a sentence.

What political party will make the change Gary? This a policy thing from you or something we all need to do like an uprising?

No. If it was deflation of value of currency then we would be measuring it in negative percentage growths representing the change in purchasing power of some amount of currency over a period of time. Either way, it's describing the same thing: loss of purchasing power of a given amount of currency. The distinction is meaningless, you could track it either way.

I agree, but most state school kids will ignore it because it will have to be taught in a non-political way and will therefore be dry, boring, and something many kids can't relate to. Economics is life, and Gary is so engaging because he joins up the dots for ordinary people and is an excellent communicator. Maybe Gary should visit schools and tell them why this is important for them.

Knowledge is power

Fat chance that you will get British school kids bothering with economics when many can't even read or write or do basic maths and couldn't care less Economics is the preserve of the middle class private schools and universities. Gary is unique in his study path and career.

2nd thing you see....sunak claiming his plan is working

Raising interest rates is standard practice to combat inflation. To corporations, debt is cash. If interest rates are low, the cost of debt is low, so corporations can acquire more cash and accelerate business. If interest rates are high, new loans taken out to pay off the interest of old loans are now suddenly more expensive down the line. Hence less money is available to accelerate business, the economy slows down, prices must become competitive because nobody has as much cash to buy things. Presto, inflation slows down.

Only - you can't keep saying inflation is only increasing more slowly, if inflation has peaked within the cycle, overall it means Inflation is lowering - at what point do you acknowledge inflation is coming down?

@@markturner5534 inflation is coming down but prices are still increasing it's that simple

Great point and one that millions don't get

So many people don’t seem to understand this simple point and politicians don’t want to explain it either.

@@Petersworld77 only the calculation is wrong! If the inflation value was 1 pound - doubling the drink to 2 pound, and inflation halved that means the drink would be £1.50 not £3, the remaining value of inflation after it halved would only be 50p. No wonder people continue to say inflation isn't really falling, they haven't got a clue.

​@VilleHeikkinen549You are right.

But I don't know why people remain poor due to ignorance

Is there anywhere I can get across to this woman for a startup?

I really appreciate it

Is not about watching videos and wasting your time on strategies, I was ignorant of doing so...not on till I gave Grayson Amelia a try and ever since then she has changed my story for the better.

Gary was a 21 year old junior trader at Citibank at the time of the GFC, not sure he would've been as useful back then!

Was it the collapse of the Bretton Woods System?

I was born!

On Aug 15 1971 Richard Nixon departed from the Bretton Woods agreement and “temporarily suspended the convertibility of US dollars into gold”. USD’s value began to decline. Western Central Banks were instructed to print more money to stabilise USD. In late 1973 Henry Kissinger struck a deal with Saudi Arabia to only sell oil in USD. This created demand for the USD, in particular Japan and Germany who were leading industrial powers, therefore needed to purchase oil in large quantities.

@@cki0 the UK left the gold standard in 1931

​@@cki0Yes, a very important factor. When gold was used it did not favour a currency . The deal for you refer to reflects Brics aims in general.

Point taken but that is why he advocates for wealth taxes, which not many governments do to the extent needed.

I'd say it's because virtually every government dances to the tune of those who hold wealth.