The middle class will be DECIMATED and they can't see it coming

Hey Gary, I really wish you would discuss monetary expansion, because you’re right about the upper middle class but you seem to always miss out the math of inflation. Peter

Interview with @AaronBastani on @novaramedia

We are already being decimated Gary. Stealing money from rich people isn’t going to help. At all. Because it will just be spent on feeding and housing infinity bomalians for the rest of our lives. We are not just one more tax away from prosperity.

Gary is right, especially if he gets his Wealth Tax. Imagine being a business owner growing a company, hiring people, creating jobs and the company is making enough to pay £100k dividend. But its value (due to growth projections) is £12m. Under Gary’s proposal the owner has to pay taxes as usual on the £100k - leaving them about half, and then another £40k Wealth Tax on the unrealised value. The founder will be broke.

Gary will leave out the banks and government ability to create money and its role in everything he speaks out against. Money creation leads to asset price inflation, benifits asset holders and leaves non asset holders to deal with higher costs of living. He’ll NEVER talk about the CAUSE just bandaid “solutions” that don’t actually solve the problem

This middle class is getting decimated now. It’s here, people can’t afford housing.

Hiya mate, gazza stevenson ere, u know, best trader in the world (although i live in a council flat), here to let you know you are going to be decimated due to low purchasing power, the solution to this is…. to take more of your purchasing power away through taxes. Over and out. - Gazza

Still a banger.

Monetary debasement in a leveraged system is the issue. Taxing the rich doesn’t solve this.

Generic and vague speech that doesn't engage with its subject matter in any meaningful way, but instead just repeats the mantra of the upper middle class and threatens it with an unspecified outcome. This is quintessential full blown bull shit. Whatever you are trying to say, you have failed to do so. As a self proclaimed economist you really ought to be capable of making clear statements.

They did get a taste of what it would be like during lockdown as there were the largely self employed who were unable to access the benefit system and had to take out loans. What people are failing to see is that everyone one of us *IS* the economy and we are being robbed

The money is broken. Gary’s ideas are paved with good intentions straight to the Gulags

You're bang on there mate but it's even worse. You no longer inhabit the near bottom of the working class and they're going to vote for it as well. The algorithms are winning, there's little anyone can do, I've been trying for a few years now, just about given up.

The middle class has already been decimated. Very few working aged people are genuinely middle class, just different income levels of working class. Government money printing and high taxes destroyed them.

Wait, "People who read the guardian?" You can't be fucking serious. People who take the guardian seriously, deserve everything bad that happens to them and most likely have trouble feeding themselves.

I just dont get what this loser gets out of this? He's literally taking money off the poorest of the poor grifting something that really has no endpoint or goal.

A class that observed neighbours struggling on benefits & low incomes, blamed & ostracised them, moved to areas with ‘less brown people’, voted against their own interests, became gatekeepers of career ladders, obstructed opportunities for non-white Brits? Others saw it coming.

Impressive how the British libertarian fucked up accounts are 1:1 equivalent to the German ones.

If the rich will not share then our only hope is to revolt.

I hope this all backfires and its you that ends up completely and utterly ruined in the end, eaten by your own thick as shit failed Commie cunt system.

Often, it's not until people are directly impacted - maybe they lose a job, or their bills rise meaning they have less income to do the things they used to do - that they look for answers to why that is. Whilst things are comfortable for them, I guess they have no reason to worry

I live among them. The most smug, arrogant, selfish and inconsiderate people going. Sorry, but I'm looking forward to watching them struggle.

The British state spent £48000 per household last year: the state is stealing from people and you want it to take more. Middle class people don't pay attention to you because you are their enemy

They will be if all the wealth creators are driven out of the country

Oh we see it coming because “your ideas” had already been percolating before you came around, By corollary, if the rich get poorer, the poor get even more poorer. Best not fuck around Gary. We don’t want to find out what that’s like.

Bumbling idiot

You are the epitome of a little knowledge is a dangerous thing. People way smarter than you have tried to open your eyes, but you cannot see, they have tried to gain your ear, but you cannot hear.

We see it but why not help us up? Rather than just block us and drag everyone down?

Why does he roll the sleeves up like that on his t shirt? Is this how Gary thinks the poor dress and talk? He’s a characateur at this point. Absolute waffle flog! Go back to school Gary you missed years 7-12!

The answer is LESS taxation and wasting money on vanity net-zero, foreign aid, unemployed foreign born migrants with 3 wives and 20 kids, and illegal immigrants who have no intention of working. Taxing the rich (as described by you) will not solve anything.

Point of agreement for once. Shingle drives, flower beds and kitchen extensions. They can't even comprehend that things can change for the worse. They just don't get it. stability is normal to them. Things were always the way they are now, and always will be.

You advocate for more central power ... and that's exactly what's screwing over the middle class and the economy

God these two are weird

On man. Not you again you commie bellend. Has your pants completely pulled down by several actual economists but not deterred. Honestly I’m embarrassed for you.