The case for taxing wealth, argument by argument.
This video argues that current UK inflation was predictable, caused by government money printing during Covid disproportionately benefiting the rich, who then drive up prices. It criticises the Bank of England's wage moderation advice and the government's tax policies, advocating for higher wages and wealth taxes on the rich to address the permanent decline in ordinary people's living standards.
Mentions Andrew Bailey
“understand that this is being caused by our government using the kovitz crisis to allow millionaires and billionaires to accumulate literally hundreds of billio”
“he's raised taxes by two and a half percent on you and your wages and he's done it in such a way that it specifically excludes the incomes of billionaires”
“push for higher taxes on millionaires and billionaires and lower taxes on ordinary working people”
“understand that we can't fix it unless we get that money back”