Inequality Economist. Former Trader. Other Economists make predictions, but my ones are actually right. Explaining Economics on YouTube - garyseconomics
Jul 30, 2024 • 8 tweets • 2 min read
There's a kind of a beautiful horror to Reeves reworking Keynes eternally optimistic
"Anything we can do, we can afford"
into
"We can't do it if we can't afford it"
Both are correct - if the people control their own resources, they can afford anything they can do. 1/8
But if they give all their resources to the rich, then they can only do what the rich will allow, because otherwise they won't get the resources.
An equal society can do anything it can afford, AND an unequal society can do nothing without the permission of the rich... 2/8
Sep 1, 2022 • 27 tweets • 5 min read
I want to do a thread about MONEY, because I think what is happening at the moment is super interesting.
What is fascinating to me about the article is that it explains rising rents purely referring to ...1/X
supply/demand for rental property, and with no reference to supply/demand for money.
I don't think this is in any way unusual - the last year has seen large rises in the prices of almost everything, and in every case media explanations focus on the supply/demand of... 2/X
Jul 16, 2022 • 18 tweets • 4 min read
This week marks two years since I started my YouTube channel with this video:
In that time a lot of things have happened, so I wanted to my first thread 🧵... 1/18
The first thing to say is that basically all of the predictions in the video have come true. If you don't believe me, just watch the video, seriously, watch it.
I predicted that post-covid would see an enormous economic crisis of inequality, typified by growing house and.. 2/18
