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Your wages are collapsing against real assets
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118,595 Views • May 9, 2024 • Click to toggle off description
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Performed by Gary Stevenson
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Uploaded At May 9, 2024 ^^


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RYD date created : 2024-09-07T18:31:42.829486Z
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212 Comments

Top Comments of this video!! :3

@leehayes4019

6 months ago

This is the idea that has always bothered me. I wish more people would see this.
The idea that the your wage can go up while being worth less is essential.

142 |

@foodwithginge

6 months ago

Your doing an important thing bud, keep it up 👍

212 |

@mdcosta21

6 months ago

You have a great way of explaining these topics. Thank you.

66 |

@thomasoxford2140

6 months ago

Ever considered a career in politics? We could all benefit from voices like yours

31 |

@dharmacharinipasadanandi7110

4 months ago

I'm a socialist at heart. I'm not against wealth, I'm against obscene extremes of wealth and poverty.

3 |

@ciararespect4296

6 months ago

Wages have been flattening ridiculously for fifty years. We all know houses were rising year on year way above the average salary.
An example. You buy something for £100 then sell for £300 you think wow that's not bad profit.
But people who had houses going up 2k a month. That's passive income so the difference between those who have property and those who haven't widen and widen

58 |

@rachaelstuckey8714

4 months ago

I worked this out in actual terms for my family a couple of weeks back, I took our actual wages in 2009 and then worked out what they should be if they had the same value today - we were 30k (gross) worse off in real terms now. It put it in perspective of why we are struggling more now than ever before. We are now changing our future plans

2 |

@raybod1775

6 months ago

Tax laws are skewed against the working class, benefits asset holders and corporations importing from and manufacturing in low wage countries, blame politicians.

29 |

@RudolfMaister420

6 months ago

"Those who make peaceful revolution impossible will make violent revolution inevitable." - JFK

35 |

@Jenks1

6 months ago

Absolutely blew my mind this video. Seems so obvious but it's not until gary says it!

7 |

@Drew.P.Todger

6 months ago

I’m a skilled engineer and my wages have been about the same for the last 20 years… 20 years ago I was balling though… now the guys working in Aldi are catching up with me.

53 |

@SeanThompsonTV

6 months ago

Seeing more and more blame on house prices rising being put onto immigration to further divide the conversation away from an appropriate wealth tax on the mega rich 10m+ like you talk about. If i was a cult leader billionaire they’ve gotta be very happy with this current narrative. So frustrating. Your youthful, balanced outlook on life and understanding of economics has been enlightening to share in. Keep up the good work big things are coming, like your investing days, selling too early and underestimating the long term are common early learning opportunities im sure youve mastered many times.

4 |

@EcoSailor

6 months ago

The standard narrative is that inflation is an increase in prices when, in fact, it is a decrease in the value of money. A house that sold for 100k 20 years ago and is now valued at over a million hasn't moved to a better location or had a 900k makeover. It's the same house. The currency it's priced in has lost 90% of its value.

Thank Satoshi for #bitcoin.

16 |

@CROSSNSHOOT

5 months ago

Mainstream media dont talk about money printing! Conveniently

2 |

@LateForDinner-mn1hn

6 months ago

Instead of currency, I try to compare wages to a common staple of my everyday expenses. One of them was bananas, I could see that over the past 30 years the affordability of bananas has changed. Now it takes about 1.3 times more work to earn enough for one banana as it did 30 years ago. Even a monkey would know that working longer or harder for the same thing that hasn’t improved or changed is bananas.

27 |

@piccalillipit9211

6 months ago

WE DONT HAVE A HOUSING CRISIS we have a wage crisis...!!!

Karl Marx said wages should always be looked at as a % of the average housing cost becasue industrialised food and cheap oversees labour can be used to lower wages...!!!

4 |

@adrianflower3230

6 months ago

Same problems in the USA too, Eurodollar University have a good overview, more stats but similar message

4 |

@andy_ppp

6 months ago

Technology also getting ever cheaper also hides this so you can still buy your flat screen TV even though food and asset now cost loads more.

4 |

@thomaswright1057

6 months ago

Described very well, ive tried to explain that inflation is a tax. Disguise of wage collapse is good analogy

|

@michaelbelfast1

6 months ago

I'm trying to spread the message in Belfast here. We need more people to wake up to ordinary people being shafted by the super-rich! We should all be a lot better off in an affluent country. High GDP Per Capita, but nearly all the 'Per Capita' are being mugged off!

3 |

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