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How COVID-19 MAKES the Rich Richer - Gary EXPLAINS the theory

Garys Economics 13:28

147,102 views · 9,361 likes Watch on YouTube ↗

Coronavirus is having huge effects on the world of money. It benefits high earners, and hurts the poorest. This video explains how it will affect you and what will happen going forward.


SOCIAL MEDIA:
WEBSITE - https://www.wealtheconomics.org
TWITTER - @garyseconomics
FACEBOOK - garyseconomics
INSTAGRAM - garyseconomics


DATA SOURCES:
Showing clearly that the rich are accumulating money during this crisis:
https://www.ippr.org/research/publications/who-wins-and-who-pays
https://www.npi.org.uk/blog/economic-policy/excess-saving-lockdown-big-new-economic-challenge/
https://www.tracktherecovery.org/?fbclid=IwAR1xR5fQ3_tOZGuUmuy64xpVYe7UjbvqMjUyp_PgUUfRNvy8dHnrrYAm-mE
https://www.resolutionfoundation.org/publications/return-to-spender/
For a visualisation of just how rich Jeff Bezos is (one third of the money the Bank of England is printing):
https://mkorostoff.github.io/1-pixel-wealth/


GARY'S ARTICLES:
https://www-express-co-uk.cdn.ampproject.org/v/s/www.express.co.uk/comment/expresscomment/1310681/coronavirus-crisis-higher-taxes-open-letter-government/amp?amp_js_v=a3&amp_gsa=1&usqp=mq331AQIKAGwASDYAQE%3D#aoh=15953698215440&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.express.co.uk%2Fcomment%2Fexpresscomment%2F1310681%2Fcoronavirus-crisis-higher-taxes-open-letter-government
https://www.theguardian.com/commentisfree/2020/may/07/i-made-millions-last-debt-crisis-rich-win-coronavirus-fair-tax?utm_term=Autofeed&CMP=twt_gu&utm_medium&utm_source=Twitter#Echobox=1588851954
https://www.cityam.com/debate-is-there-any-point-in-members-of-the-wealthy-elite-calling-for-higher-taxes-in-response-to-covid-19/
https://www.opendemocracy.net/en/oureconomy/following-coronavirus-money-trail/
https://www.opendemocracy.net/en/oureconomy/i-made-a-fortune-from-predicting-the-last-crisis-i-fear-for-whats-about-to-unfold/
https://www.nationalobserver.com/2020/05/22/analysis/whats-making-rich-stupidly-richer?fbclid=IwAR0cV436I5FEzNvpDp2WKqMho5-2rmYJnfef7T6vzYw_pyNy5usoeArTLWg


AUDIO FEATURING GARY:
https://anchor.fm/zuzana4/episodes/Pub-Talks-Tales-from-a-reluctant-Citi-boy-eg74ge
https://youtu.be/RMlfcVUajd0


MORE VIDEOS:
https://youtu.be/RMlfcVUajd0


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https://www.pexels.com/ - cottonbro
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Written, Performed & Produced by Gary Stevenson
GARY'S ECONOMICS


Shot, Edited & Directed by Simran Mohan
MOHAN MEDIA 2020

Category (YouTube): News & Politics Exumo categories: Finance & Investing

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