That petulant UBI discussion was hilarious. Two grown men posturing about their useless masters degrees and neither of them understand how this wave of inflation was caused.
A certain Austrian painter understood WHO'S system was causing inflation and other crippling economic distress, and he also understood WHO was behind the degeneracy that was so pervasive in Weimar Era Germany, especially in Berlin. It was no "economic miracle" but an "economic revolution" when he removed Germany from the international hsiwej banking system and removed swej from positions of power and social influence; and just like that Germany went from a hopeless, debt ridden, high suicide rate, demoralized and degenerate nation to the most prosperous and advanced nation in the world within just a couple of years of the swej being removed from positions of power and influence. The economic system used by NS Germany was the REAL reason for WW2 as it deprived the international banking class from being able to fleece the German people with a usurious central bank in Germany, like the banks that threw Germany and the rest of the world into the Great Depression. Those banksters in the so-called "democracies", together with their "marxist" brethren in the USSR, feared that NS Germany's economic model would spread to other nations therefore the had their ideological hirelings, FDR & Churchill, to instigate war with Germany at all costs. Today the entire world, except for North Korea and Iran (and maybe a few others) have a Rothschild central bank.
This is not the solution - the only solution is an immediate return to the eternal and traditional social teachings of the Catholic Church Pre Vatican II - England needs to return to the Catholic faith
Personally I think we should have a 100% tax on everything and then let the government tell us what to do with our lives, making decisions for myself is so tiresome
@plutoniumdust You bloody fool. Decision making is not the problem. Remove it and you will find you still have the problem of thinking. The problem is living itself.
Yes, that lad wasn't very forceful and not the best at verbal judo, but even so, you got owned, Charlie. Especially by the lady. Not one of your finest...
6:01 Did that woman seriously say that the post covid inflation, was to do with "Lizz Truss's mismanagement of the economy"? And Rishi Sunak's Furlough Scheme that saw half a trillion pounds be created out of thin air through the bank of England was nothing to do with it? Prices of food, fuel and energy were climbing whilst we still had BoJo in No 10 and restrictions on our freedoms
It isn’t just domestic U.K. policy though. The U.K. - and all countries - is impacted by the economic policy decisions of the United States. That is because it is the centre of commerce and debt markets. The U.K’s £500bn in Monopoly money pales into insignificance relative to the $10 Trillion that the Fed printed. THAT is what diluted spending power and what has fuelled inflation.
Love the guys reaction when being asked “are you left wing?” responds, “are you right wing?” I think you were quite hard on the guy when he told you he had an MA, he was only suggesting that he had a valid opinion on the matter, no need to play the ‘my masters betters yours’ card
Just because someone has an MA dosen't make them an expert in anything, even in the subject they have a MA in. Brandishing such 'credentials' as a point of arguement is a classic 'midwit' counter-move, and is commonly known as: 'the appeal to authority fallacy'. If he can't argue his points clearly (without appealing to some supposed authority) then he doesn't know what he's talking about. Simple as! I suggest you familiarise yourself with this logical fallacy, because intellectually-dishonest people use it every time they are intelligently challenged. You're welcome.
He claims to have “a masters in political economy” however, attributes inflation to ‘the war and lack of supplies’. This is fundamentally wrong 🤦♂️ Inflation is, by definition, to inflate the money supply. That is precisely what schemes such as furlough and ‘stimmy cheques’ (in the US) provided for. There are no shortages. This is a false narrative purposed to deflect the outcome (inflation) of poor economic policy: ‘don’t blame us, blame them’. Charlie is 100% correct. And he is correct because - whether these youngsters like it or not - he has 20 odd years of skin in the game. He is not so easily fooled. It is worrying that this young man has graduated from an esteemed academic institution with a completely false understanding of the subject he claims to master.
@@sunnyjim1355 Charlie was the one that initially attempted to appeal to authority by claiming had more knowledge because he was "20 years older". It isn't an appeal to authority to state your credentials when someone puts yours into question, come on man.... quit defending someone that was blatently toxic & wrong.
I'll agree that the young lad throwing around his educational credentials was uncalled for. Still, the UBI system is an interesting social welfare proposal, but it's only successful in the the State of Alaska, under the Alaska Permanent Fund, and is funded by oil revenues. Given that there's a potential energy alliance shift in the Arctic, and an estimated quarter of the world’s undiscovered reserves to found beneath the ice, Alaska could further benefit, along with other Arctic states, from a UBI system.
@@edwardcumpstey9061 Charlie was talking down to him first. Saying he was older than him and knew better. If some plonker on the street started telling me I was wrong on something I’d studied at university. I would absolutely whip out the credentials. Then Charlie pulling his philosophy degree looooool. Might as well of told him he had a BTEC in cookery 😂
When she started asking sensible questions Charlie wasn't able to explain his position very well. I'm actually for ubi the people without any money are for ubi the people who already have money are against it. £1000 more is still £1000 more especially when you're starting at £0
Charlie there’s a lot of irony in what points you get across, especially when you raise your voice to try and make your point when it makes no sense. I agree with a lot of what you say but to call someone arrogant when you’re shouting at them louder to say you’ve got a better degree than than them is rather funny. At no point did the student at the UBI stall raise his voice, you got louder and louder when he was explaining himself so you clearly felt threatened.
he's been a self-contradictory bellend since the jump. he's regularly disparaging and dehumanising of society's most vulnerable, yet claims to be Christian. I watch him and enjoy his content... but let's be real, he's a prick.
@danielabatabogdanov8586 real, actual, disciplined men do NOT get loud or angry like this.... please don't excuse Charlie's childish behaviour. He has serious issues, and the irony is if Charlie himself ever found someone as toxic as him, he'd be doing entire videos about it.
'Toxic', Honestly? I'd be concerned for my own mental health if I was watching something I'd describe as that. He's human and it's just a bit of engagement/a laugh. Might even have helped the other guy think about how to focus on convincing arguments rather than claim to authority.@@rick9698
The young guy just jumping onto "you dont like the guy" when talking about elon musk even though you only said you disagree with his opinion on UBI is exactly the social engineering you want to dismantle
When you try and give an analogy about something because you’re desperate to try and pretend you’re intelligent, and then you’re analogy makes no sense whatsoever, and you have to resort in crying out ‘ don’t try and make me look stupid’ . Priceless 😂
Typical narcissist behaviour on display from Charlie yet again. His ego can't handle it when he gets schooled in an argument and so he lashes out. Despite the fact that he instigated it in the first place.
@@edwardcumpstey9061 No, it IS as simple as that. Inflation is to inflate (increase) the money supply. It is nothing else; ‘other factors’ are merely consequences. As the OP says, Economics 101.
@@imconfused1237 You're merely defining inflation but not citing the multiple causes of it. Rising consumer demand, increased production, high interest rates, etc. These are all causes. I'm interested in the causes.
@@edwardcumpstey9061 My friend, the sole ‘cause’ of inflation IS the printing of money. It has the effect of diluting the circulating value - your “purchasing power” - as markets increase price points in order to rebalance demand. The concept of ‘increased demand’ is NOT a cause of inflation but is a consequence of fake inflated wealth. ‘Increased production’ is nonsense. Any increase on the supply side undermines scarcity and abundance has no competitive, commercial value. This lowers - not increases - price points. From a business perspective, monetising scarcity is the golden goose. As for interest rates - historically, rises correlate to rising inflation; again, consequence NOT cause. Why do they rise? It’s quite simple really: you force borrowing to be more expensive than consuming your savings and therein, you drain capital out of overheated economies. That is why rates are rocketing and inflation is dropping. Yes, I’ve studied this and worked for a very large bank for 16yrs. I can reliably inform you that banks enjoy the publics broad ignorance to economics - it is extremely profitable for them.
Your absolutely correct , no matter what the poorest in this country is given to help them , the rich will rub their hands in readiness to take it away .
Rather than giving people money: build affordable flats which we can rent cheap. That would be fantastic, no need to buy a 100 year old overpriced house, make the banks richer with their mortgages...just rent.
Ideology: "a set of beliefs or principles, especially one on which a political system, party, or organization is based" Holding a non-ideological stance simply means to understand the origins of, and actively address the beliefs or principles arrived at through ideology. Manchester university did him dirty.
@@sunnyjim1355 Indeed, basic maths quickly shows the idea to be totally barmy. Let's say the UBI is given to 50 million people (the approximate number of adults in the UK). Then assume the UBI is set at the living/minimum wage for a full time 40 hour per week job, which is circa £20,000 per year. Total spend per year is then 50,000,000 x 20,000 = 1,000,000,000,000 ie. 1 trillion pounds Note total UK government spending is about 1.1 trillion pounds per year so the UBI on reasonable assumptions would cost the same as everything the government spends.
With socialists and communists The only question you need to ask is 'how much free money is enough'. They will undoubtedly answer 'ni amount is enough' Debate over
Why is he debating UBI... Think society is about to change with Ai taking over soon more than anything that will impact what jobs people do for a living
Dear sir, I'm in my 50's and I get what you do. I get fucking annoyed when people who should know better accuse you of just "doing it for the tik tok generation". If I don't like what you post I'll just turn it off. What you do is give an angle on what's really happening and if the viewer doesn't like it they can stop watching. If they can't then they are breaking all of their own rules of morality.
@@tombg555 I, like Charles Manson, am sometimes misunderstood. Other than that we bear no similarities. Apart from the occasional beard, bad hairstyles, a fondness for the Straight Satans motorcycle club, LSD, free food and I too am "family-friendly".
Rules of morality? He admitted in a prior video that he was only filming videos because he relied on the income from youtube now. Almost all of his interactions are deliberately escalated because he knows it will result in a higher view count. The guy is literally walking around with a 19 year old girl, while under investigation by the MET for abusing two other young women, and people are going to talk about the morality of others? Come on man.
Big pros & cons to the UBI...but if it was £1600 every month like they've said I could stay full time and get another £1700 or go part time and pursue my fishing more seriously.
And... the problem with that is half a work force working will create higher product prices nulling the whole point in your dream world living standards.
UBI is an interesting idea that economists and politicians have discussed for many decades. It would need a lot of careful thought, making it age-related etc. It MUST be low enough for working age people that they would need to do some work to have any quality of life, even if it's 10 hours a week. The guiding principle is that doing any amount of work is never disincentivised. The PAYE tax system becomes simplified because all income is taxed, no allowances are required. Some argue for flat single rate tax. The pension issue is dealt with at a stroke! There are no pensions because... UBI. The existing NI contribution is nothing but a con and an additional tax levy.
Having worked on equality and diversity matters over the years, I think the overuse of the rainbow flag by corporate companies, is just a 'Tick Box' exercise and nothing more. The spectrum of equality and diversity is a far wider range and hard to tackle, so a few cross-referenced tick boxes, is a copout on dealing with the many issues of inequality. Red is an angry colour, that's why it has been discouraged in education for marking. When the Landlease sign has an angry, finger pointing 'Do Not', wrote on it, it would make me want to do the opposite, being the rebel that I am. 😁 Good stuff Charlie lad!
"Having worked on equality and diversity matters over the years.... is just a 'Tick Box' exercise and nothing more." So, are you saying you haven't heard about ESG, BlackRock, etc? 🤦♂
I love when people think they are intelligent based on a qualification a qualification with questions written by people who know very little interesting
@@hassyg4083 yes and look how useless most of them are, tried to sell me drugs to mask the symptoms rather than suggesting any other things that could of been the actual cause of my constant migraines. which i ended up figuring out myself, refused their drugs, changed diet and the migraines were gone.
@@Paulsyfi So you would say it is completely impossible in every single way for a stupid person to be kind? People with Lower IQ's would all be mean spirited people, and people with higher IQ's would all be saints... except lots of serial killers are incredibly intelligent people.
So they want to dish out money that the earners earn to the non workers? That's very antisocial isn't it? Like you say Charlie, of course this would inflate the currency as it wouldn't be worth as much and so not just landlords but EVERYONE that sells products or services would have to increase their prices, and so everyone suffers other than the people that are rich enough for all this to not make an impact on their lives. How about these fools create jobs and fuel the economy by creating useful products and services that can be sold worldwide instead?
@@coolkitty2075 Anyone can burn their money on useless things. That's fine. Just don't take money from other people just to share out to useless people!
Wonderful idea in principle terrible in practice. Not just the thing with landlords but where is the money going to come from. The tax take isn't anywhere near enough to give all of us £400 a month let alone £1000 (or more)
Agreed. But this UBI system is based on MMT (Modern Monetary Theory) and not the generally current 'mixed economy' system. This UBI proposal also goes hand-in-hand with CBDC (Central Bank Digital Currency) and by extention 'cashless societies'. It's a whole new ball game.... and it's well in the pipelines...
I dont think there was any need to react the way u did when the gentleman merely mentioned he had a degree in sth or other to suggest he may know a bit about what hes talkin about, Was your 20 years experience comment any different?
The pink fire engine is currently in Merseyside fire and rescue's reserve fleet as it's coming to the end of it's operational life. It's nickname is the Lily the Pink from the song by the Liverpool group The Scaffold.
The thing is, whatever happened to Hiroshima and Nagasaki did not make the Japanese surrender. It was the fact that the Russians refused to make any treaty with them.
Where did the money come from that the government gave out via furloughs? I'll give you a hint - Government adding new currency into the money supply, making YOUR pound less valuable.
So according to the UBI lady, inflation has soared, the economy has tanked & it's all down Liz Truss & Kwasi Kwarteng? It had absolutely nothing to do with all Rishi's furlough money from the magic money tree. Right. Got it😂👍
Hahaha Once again Charlie loses his cool as soon as he realises he's talking to someone who knows more about the subject than he does. Especially because that person is younger than him. Absolutely humiliating.
Omg. Shut up Charlie. Obviously you don't know what ya talking about. Sometimes u really talk shit. Who are you protecting ? The rich or the poor. You Silly (twort) Google (twort) meaning. Just laughed my head of cos it fits 😂
Both Universal Basic Income and Rent Controls have failed and been withdrawn wherever they have been tried. For example, Berlin's rental housing supply was crashed by 41% following rent controls and Ireland's rental housing stock has been left at an all time low with a spike in rents following their failed "rent pressure lane" experiment.
@@hassyg4083 But that's only because we all agree to go along with it. Money itself is just numbers on a screen. When the Bank of England decide to print a load more money it's just zeros added. That value hasn't been worked for by anyone, it was just pumped into the system.
ASB injunctions are dealt with by civil courts. If you breach such an injunction, it's contempt of court, which is criminal. It's still dealt with by the civil court that issued the injunction, but using the criminal procedures. That's an example of why police might be at a civil court building.
6:55 in what world is a masters in philosophy better than a masters on political economics? Charlie you might as well of told him you had a BTEC in cookery 😂
The introduction of universal basic income would cause the collapse of society as we know it.
sort of agree but was the world better in acient Greece ?? @@Seany1.
That petulant UBI discussion was hilarious. Two grown men posturing about their useless masters degrees and neither of them understand how this wave of inflation was caused.
Well said if only they would do some research it,s quite easy to find out who,s behind it .
Please elaborate sir.
ubi is a good thing@@chriskessell4579
A certain Austrian painter understood WHO'S system was causing inflation and other crippling economic distress, and he also understood WHO was behind the degeneracy that was so pervasive in Weimar Era Germany, especially in Berlin. It was no "economic miracle" but an "economic revolution" when he removed Germany from the international hsiwej banking system and removed swej from positions of power and social influence; and just like that Germany went from a hopeless, debt ridden, high suicide rate, demoralized and degenerate nation to the most prosperous and advanced nation in the world within just a couple of years of the swej being removed from positions of power and influence. The economic system used by NS Germany was the REAL reason for WW2 as it deprived the international banking class from being able to fleece the German people with a usurious central bank in Germany, like the banks that threw Germany and the rest of the world into the Great Depression. Those banksters in the so-called "democracies", together with their "marxist" brethren in the USSR, feared that NS Germany's economic model would spread to other nations therefore the had their ideological hirelings, FDR & Churchill, to instigate war with Germany at all costs. Today the entire world, except for North Korea and Iran (and maybe a few others) have a Rothschild central bank.
This is not the solution - the only solution is an immediate return to the eternal and traditional social teachings of the Catholic Church Pre Vatican II - England needs to return to the Catholic faith
They did not realise that only the narcissist is allowed to insult
Personally I think we should have a 100% tax on everything and then let the government tell us what to do with our lives, making decisions for myself is so tiresome
@plutoniumdust You bloody fool. Decision making is not the problem. Remove it and you will find you still have the problem of thinking. The problem is living itself.
99% of brits want
and demand this
Can't tell if you're being sarcastic or not 🤔
Indeed. I'm sick of having to choose what I spend my money on.
Keep voting Labour.
Yes, that lad wasn't very forceful and not the best at verbal judo, but even so, you got owned, Charlie. Especially by the lady. Not one of your finest...
6:01 Did that woman seriously say that the post covid inflation, was to do with "Lizz Truss's mismanagement of the economy"? And Rishi Sunak's Furlough Scheme that saw half a trillion pounds be created out of thin air through the bank of England was nothing to do with it? Prices of food, fuel and energy were climbing whilst we still had BoJo in No 10 and restrictions on our freedoms
It isn’t just domestic U.K. policy though. The U.K. - and all countries - is impacted by the economic policy decisions of the United States. That is because it is the centre of commerce and debt markets. The U.K’s £500bn in Monopoly money pales into insignificance relative to the $10 Trillion that the Fed printed. THAT is what diluted spending power and what has fuelled inflation.
Love the guys reaction when being asked “are you left wing?” responds, “are you right wing?”
I think you were quite hard on the guy when he told you he had an MA, he was only suggesting that he had a valid opinion on the matter, no need to play the ‘my masters betters yours’ card
Just because someone has an MA dosen't make them an expert in anything, even in the subject they have a MA in. Brandishing such 'credentials' as a point of arguement is a classic 'midwit' counter-move, and is commonly known as: 'the appeal to authority fallacy'. If he can't argue his points clearly (without appealing to some supposed authority) then he doesn't know what he's talking about. Simple as!
I suggest you familiarise yourself with this logical fallacy, because intellectually-dishonest people use it every time they are intelligently challenged. You're welcome.
He claims to have “a masters in political economy” however, attributes inflation to ‘the war and lack of supplies’. This is fundamentally wrong 🤦♂️
Inflation is, by definition, to inflate the money supply. That is precisely what schemes such as furlough and ‘stimmy cheques’ (in the US) provided for.
There are no shortages. This is a false narrative purposed to deflect the outcome (inflation) of poor economic policy: ‘don’t blame us, blame them’.
Charlie is 100% correct. And he is correct because - whether these youngsters like it or not - he has 20 odd years of skin in the game. He is not so easily fooled.
It is worrying that this young man has graduated from an esteemed academic institution with a completely false understanding of the subject he claims to master.
@@sunnyjim1355 Charlie was the one that initially attempted to appeal to authority by claiming had more knowledge because he was "20 years older".
It isn't an appeal to authority to state your credentials when someone puts yours into question, come on man.... quit defending someone that was blatently toxic & wrong.
Charlie was being insanely hypocritical
Seeing all those rainbow flags everywhere is sickening and creepy. You can't breach the Veitch old lady
Yeh big fan of zippy and George
It’s the week of the gay pride festival in Manchester so guessing it’s to do with that..
No longer a month, it's all year.@@phillipjohnson3367
@@Marco___Polo I'd prefer a flag for each hole so I don't go the wrong way
The gay community have increased the sales of tampons which is a net positive for a countries GDP
Is telling someone you have 20 years life experience on them not an appeal to authority?
It absolutely is. 🤦♂
Lived experience IS authoritative.
No, it's a giga Chad sigma move 😎
does wisdom come with age?
@@Philips-xb9wm Charlie knew from his posture and physiognomy the man was arrogant, it was a preemptive move
Accepting their UBI would open the way for social credit system
I mo m
Yep. Slavery.
Which is probably the reason there pushing it.
I'll agree that the young lad throwing around his educational credentials was uncalled for. Still, the UBI system is an interesting social welfare proposal, but it's only successful in the the State of Alaska, under the Alaska Permanent Fund, and is funded by oil revenues. Given that there's a potential energy alliance shift in the Arctic, and an estimated quarter of the world’s undiscovered reserves to found beneath the ice, Alaska could further benefit, along with other Arctic states, from a UBI system.
@@edwardcumpstey9061 Charlie was talking down to him first. Saying he was older than him and knew better. If some plonker on the street started telling me I was wrong on something I’d studied at university. I would absolutely whip out the credentials.
Then Charlie pulling his philosophy degree looooool. Might as well of told him he had a BTEC in cookery 😂
"The problem with Socialism is, that you eventually run out of other people's money."
--But its great spending it on anything and everything whilst it lasts!
Well said JP
@@lynnedavies5884
I believe it was a Margaret Thatcher quote, and not sure if she hadn't taken it from someone else.
@@nigelheath7048 Thank you, i am going to use that one next time i have a argument with my friend so called friend.
@@lynnedavies5884so called friend because the friend has different opinions to you. What a clown you are.
10:00 she wasn’t trying to ridicule u lol she was actually a very kind lady and i could tell she had genuine interest in what you wanted to say
When she started asking sensible questions Charlie wasn't able to explain his position very well. I'm actually for ubi the people without any money are for ubi the people who already have money are against it. £1000 more is still £1000 more especially when you're starting at £0
Charlie there’s a lot of irony in what points you get across, especially when you raise your voice to try and make your point when it makes no sense. I agree with a lot of what you say but to call someone arrogant when you’re shouting at them louder to say you’ve got a better degree than than them is rather funny. At no point did the student at the UBI stall raise his voice, you got louder and louder when he was explaining himself so you clearly felt threatened.
i agree.. was about to basically say the same and im a follower of Charles.. guess he gets to emotional at times.. dont we all.
he's been a self-contradictory bellend since the jump. he's regularly disparaging and dehumanising of society's most vulnerable, yet claims to be Christian.
I watch him and enjoy his content... but let's be real, he's a prick.
@danielabatabogdanov8586 real, actual, disciplined men do NOT get loud or angry like this.... please don't excuse Charlie's childish behaviour.
He has serious issues, and the irony is if Charlie himself ever found someone as toxic as him, he'd be doing entire videos about it.
Agreed, I felt the other person only mentioned their degree because his age was brought up and he was trying to say he wasn't totally ignorant
'Toxic', Honestly? I'd be concerned for my own mental health if I was watching something I'd describe as that. He's human and it's just a bit of engagement/a laugh. Might even have helped the other guy think about how to focus on convincing arguments rather than claim to authority.@@rick9698
I like the way the woman with the red headband was walking with her benefit stick that she didn't use as a walk aid
7.08 Charles projects his own arrogance and massive ego onto a lad half his age. What an absolute sausage.
Yet you still watch his videos and your calling people sausage behave 🤣🤣
The young guy just jumping onto "you dont like the guy" when talking about elon musk even though you only said you disagree with his opinion on UBI is exactly the social engineering you want to dismantle
Is this the golden age of Veitch videos. The content is better than ever.
When you try and give an analogy about something because you’re desperate to try and pretend you’re intelligent, and then you’re analogy makes no sense whatsoever, and you have to resort in crying out ‘ don’t try and make me look stupid’ . Priceless 😂
Exactly. Left an unpleasant taste in my mouth.
"Aerodynamic as it gets" 😁 Look at the ears on that cat, shaped like frontal air-brake scoops. 😄
Typical narcissist behaviour on display from Charlie yet again. His ego can't handle it when he gets schooled in an argument and so he lashes out. Despite the fact that he instigated it in the first place.
Just the usual raise his voice and cause a scene over nothing and then ramble about something different from him
Don’t watch then ya freak.
Sentencing, and arrest warrants can occur even in a civil court. Depends on what has come to light.
Yes, the inflation in America was't at all impacted by the stimulous checks. It was brexits fault there too!
pls stop posting truths sir that doesn't fit his left wing narrative
Inflation is caused by government borrowing and spending.
Economics 101.
Yes, but there are countless other factors that influence inflation. It's not as simple as just that, sadly.
@@edwardcumpstey9061 No, it IS as simple as that. Inflation is to inflate (increase) the money supply. It is nothing else; ‘other factors’ are merely consequences. As the OP says, Economics 101.
@@imconfused1237 You're merely defining inflation but not citing the multiple causes of it. Rising consumer demand, increased production, high interest rates, etc. These are all causes. I'm interested in the causes.
@@edwardcumpstey9061 My friend, the sole ‘cause’ of inflation IS the printing of money. It has the effect of diluting the circulating value - your “purchasing power” - as markets increase price points in order to rebalance demand. The concept of ‘increased demand’ is NOT a cause of inflation but is a consequence of fake inflated wealth.
‘Increased production’ is nonsense. Any increase on the supply side undermines scarcity and abundance has no competitive, commercial value. This lowers - not increases - price points. From a business perspective, monetising scarcity is the golden goose.
As for interest rates - historically, rises correlate to rising inflation; again, consequence NOT cause. Why do they rise? It’s quite simple really: you force borrowing to be more expensive than consuming your savings and therein, you drain capital out of overheated economies. That is why rates are rocketing and inflation is dropping.
Yes, I’ve studied this and worked for a very large bank for 16yrs. I can reliably inform you that banks enjoy the publics broad ignorance to economics - it is extremely profitable for them.
Your absolutely correct , no matter what the poorest in this country is given to help them , the rich will rub their hands in readiness to take it away .
9:23 Sorry Charlie, your rapist analogy didn’t make any sense in the context of that conversation
Apology accepted
@@jeffsimon9594 are you Charlie’s burner account?
Rather than giving people money: build affordable flats which we can rent cheap.
That would be fantastic, no need to buy a 100 year old overpriced house, make the banks richer with their mortgages...just rent.
Lost it there Charlie. You resorted to bullying that guy when you knew he had the better of you.
14.30ish, Minshull Street building has some brilliant gargoyles and stone water spouts, still some great architecture round Manchester, look up folks!
the last words killed me 🤣
The flag thing is getting unreal now. It's beyond satire
It's Pride Weekend in Manchester so they're grovelling to the nonces!
@@mikehipperson I wish it wasn't pride weekend every weekend..
My town square taken over by the shit flags... except one pub with the St George Cross flying proud. It's a cult.
They probably put it up there to make the next attack on their cash machines a hate crime.
The Government are up to their Elbows in Pride promotion.
@7:00 I like your vids but please don’t speak to that man like that, came across like bullying, actually felt sorry for him.
People that didnt get furlough got absolutely stung didnt we 😂
Ideology: "a set of beliefs or principles, especially one on which a political system, party, or organization is based"
Holding a non-ideological stance simply means to understand the origins of, and actively address the beliefs or principles arrived at through ideology.
Manchester university did him dirty.
Precisely
The lad with the glasses took that quite well. Thank goodness you grilled him, it was very amusing.
The whole UBI concept is ridiculous for the exact reason Charlie points out. Prices will start at the UBI + whatever you can afford.
It's a lot more 'wrong' than that, my friend.
no it wont, youre not a good boy at all
no its a good idea - give everyone benefits and sack the entire DWP @@sunnyjim1355
@@sunnyjim1355 Indeed, basic maths quickly shows the idea to be totally barmy.
Let's say the UBI is given to 50 million people (the approximate number of adults in the UK).
Then assume the UBI is set at the living/minimum wage for a full time 40 hour per week job, which is circa £20,000 per year.
Total spend per year is then 50,000,000 x 20,000 = 1,000,000,000,000
ie. 1 trillion pounds
Note total UK government spending is about 1.1 trillion pounds per year so the UBI on reasonable assumptions would cost the same as everything the government spends.
Your point of view is spot on. Period. 👍
"Mumble mumble, I have a Masters degree" and the same intellectual fortitude as a dolphin, " click whistle click".....
Soft kitty, warm kitty , little ball of fur 🎵🎵🎵🎵🎶🎶🎶🎶😆
Halifax BS. Why the revolting, huge, gay flag? What's that got do with banking??
With socialists and communists
The only question you need to ask is 'how much free money is enough'.
They will undoubtedly answer 'ni amount is enough'
Debate over
Charley you do have a ideology and you do push it.. like i guess all humans do. Be proud of it.
Why is he debating UBI... Think society is about to change with Ai taking over soon more than anything that will impact what jobs people do for a living
When AI inevitably replaces all human labour we will have a UBI
In another 20 years Charlie you will see things very differently. The best university is the one of life. No university can teach you this!!!!!
Glad you are consistent Charlie
Quakers would be rolling in their graves if they saw that flag
The example of fighting rape doesn't make you a rapist was quite good actually in this instance of ideologies! Liked it
wouldnt a degree in political economy be more useful than a philosophy one in a discussion about different financial practices?
You don’t need to possess a degree to understand the consequential effect of inflating the money supply.
Yes, but admitting that would hurt Charlie's ego, of which this entire channel and his fans are dedicated to preserving it.
What a lovely and friendly cat made my day thanks Charlie and Laura . 💖
Dear sir, I'm in my 50's and I get what you do. I get fucking annoyed when people who should know better accuse you of just "doing it for the tik tok generation". If I don't like what you post I'll just turn it off. What you do is give an angle on what's really happening and if the viewer doesn't like it they can stop watching. If they can't then they are breaking all of their own rules of morality.
Your valid point is undermined by the picture of Charles Manson in your profile 🤣
@@tombg555 OOF!! Well spotted, Sherlock. 👍 🤣
@@tombg555 I, like Charles Manson, am sometimes misunderstood. Other than that we bear no similarities. Apart from the occasional beard, bad hairstyles, a fondness for the Straight Satans motorcycle club, LSD, free food and I too am "family-friendly".
Rules of morality?
He admitted in a prior video that he was only filming videos because he relied on the income from youtube now.
Almost all of his interactions are deliberately escalated because he knows it will result in a higher view count.
The guy is literally walking around with a 19 year old girl, while under investigation by the MET for abusing two other young women, and people are going to talk about the morality of others? Come on man.
@@rick9698 Where do you get this information from.
Big pros & cons to the UBI...but if it was £1600 every month like they've said I could stay full time and get another £1700 or go part time and pursue my fishing more seriously.
And... the problem with that is half a work force working will create higher product prices nulling the whole point in your dream world living standards.
UBI is an interesting idea that economists and politicians have discussed for many decades.
It would need a lot of careful thought, making it age-related etc.
It MUST be low enough for working age people that they would need to do some work to have any quality of life, even if it's 10 hours a week. The guiding principle is that doing any amount of work is never disincentivised.
The PAYE tax system becomes simplified because all income is taxed, no allowances are required. Some argue for flat single rate tax.
The pension issue is dealt with at a stroke! There are no pensions because... UBI. The existing NI contribution is nothing but a con and an additional tax levy.
I liked the woman walking fine with a crutch 😂😂😂
"built for speed not for pleasure"
Don't worry, I appreciated that one 😂
Having worked on equality and diversity matters over the years, I think the overuse of the rainbow flag by corporate companies, is just a 'Tick Box' exercise and nothing more. The spectrum of equality and diversity is a far wider range and hard to tackle, so a few cross-referenced tick boxes, is a copout on dealing with the many issues of inequality.
Red is an angry colour, that's why it has been discouraged in education for marking. When the Landlease sign has an angry, finger pointing 'Do Not', wrote on it, it would make me want to do the opposite, being the rebel that I am. 😁
Good stuff Charlie lad!
"Having worked on equality and diversity matters over the years.... is just a 'Tick Box' exercise and nothing more."
So, are you saying you haven't heard about ESG, BlackRock, etc? 🤦♂
The King Charles Cavalier Spaniel reference was nice
Universal basic income for them that’s never bothered to work in their lazy lifes
What about the 171 billionaires in Britain with secret bank accounts, pay no tax and have second homes.
Its the 21stC not the dark ages
Another great video & thanks Charlie 😎
I must admit the UBI couple were very entertaining.
i must have missed when you got a glamorous assistant Charlie!
" no matter what Game is played and no matter who is playing - the Money always wins
3:50 she definitely needs that crutch 😂😂😂
I love when people think they are intelligent based on a qualification a qualification with questions written by people who know very little interesting
But but, I have a masters in gender studies 😂
It's like surely my old boss at citizens advice would know more than him as he deals with it everyday?
*The appeal to authority fallacy is the logical fallacy of claiming that because an expert said something is true then it must be true.* 😉
i'm pretty sure if you go to a GP you expect him to have a qualification but i might be wrong
@@hassyg4083 yes and look how useless most of them are, tried to sell me drugs to mask the symptoms rather than suggesting any other things that could of been the actual cause of my constant migraines. which i ended up figuring out myself, refused their drugs, changed diet and the migraines were gone.
Man alive, you really fired up at them. Just relax, the 'young man' was the bigger man in the end of that interaction. They were lovely people too
Lovely people think through their thoughts and ideas.
@@analogdistortionNot necessarily true. A stupid person can still be a lovely person. You do not need to be intelligent to have empathy and kindness.
@@DehydratedpencilWell they do before acting on them if they are considerate.
@@Paulsyfi So you would say it is completely impossible in every single way for a stupid person to be kind?
People with Lower IQ's would all be mean spirited people, and people with higher IQ's would all be saints... except lots of serial killers are incredibly intelligent people.
So they want to dish out money that the earners earn to the non workers? That's very antisocial isn't it? Like you say Charlie, of course this would inflate the currency as it wouldn't be worth as much and so not just landlords but EVERYONE that sells products or services would have to increase their prices, and so everyone suffers other than the people that are rich enough for all this to not make an impact on their lives. How about these fools create jobs and fuel the economy by creating useful products and services that can be sold worldwide instead?
Well if I had more money I could go to college full time x do a proper course.
If people choose to bum around x waste their lives - up to them
@@coolkitty2075 Anyone can burn their money on useless things. That's fine. Just don't take money from other people just to share out to useless people!
Thanks for the hidden gem Charlie v.
The monopoly board twosome didn't hold a candle to shouty TIC TOC mom earlier
Universal basic communism.
yeah no
Omg the undateables reference deserves a 👍
This is a video for me, i like this stuff, thanks Charles for the diverse camera vieuws
Wonderful idea in principle terrible in practice. Not just the thing with landlords but where is the money going to come from. The tax take isn't anywhere near enough to give all of us £400 a month let alone £1000 (or more)
Agreed. But this UBI system is based on MMT (Modern Monetary Theory) and not the generally current 'mixed economy' system. This UBI proposal also goes hand-in-hand with CBDC (Central Bank Digital Currency) and by extention 'cashless societies'. It's a whole new ball game.... and it's well in the pipelines...
I dont think there was any need to react the way u did when the gentleman merely mentioned he had a degree in sth or other to suggest he may know a bit about what hes talkin about, Was your 20 years experience comment any different?
that ubi guy is literally a walking wojak with glasses
Go Charlie ,im 64 and love your vids . cool or what .keep em comming .
Charlie wants to remove social justice but will happily take welfare for his kids. 292k subs doesn't feed them.
The pink fire engine is currently in Merseyside fire and rescue's reserve fleet as it's coming to the end of it's operational life. It's nickname is the Lily the Pink from the song by the Liverpool group The Scaffold.
Universal Basic Inflation, bloody stupid idea. And with Rent Controls there would be reduced property to let and more people on the streets.
The thing is, whatever happened to Hiroshima and Nagasaki did not make the Japanese surrender. It was the fact that the Russians refused to make any treaty with them.
🐐🏆🥇
Inflation as nothing to do with furlough or unlimited massive immigration. PS.. I am mad
Greedy companies
Where did the money come from that the government gave out via furloughs? I'll give you a hint - Government adding new currency into the money supply, making YOUR pound less valuable.
So according to the UBI lady, inflation has soared, the economy has tanked & it's all down Liz Truss & Kwasi Kwarteng? It had absolutely nothing to do with all Rishi's furlough money from the magic money tree. Right. Got it😂👍
Rent control risks restricting supply of properties to rent. A lot of thought needs to be given before bringing any controls in.
Hahaha Once again Charlie loses his cool as soon as he realises he's talking to someone who knows more about the subject than he does. Especially because that person is younger than him. Absolutely humiliating.
You really must live one sad life given you seem to watch all of Charlie’s videos yet seemingly can’t stand him? May I suggest getting a girlfriend?
Looked at the comments right away 🤣
Haha, every time.
Omg. Shut up Charlie.
Obviously you don't know what ya talking about.
Sometimes u really talk shit.
Who are you protecting ?
The rich or the poor.
You Silly (twort) Google (twort) meaning. Just laughed my head of cos it fits 😂
Where doe's all the pain stem from for these trolls.
Both Universal Basic Income and Rent Controls have failed and been withdrawn wherever they have been tried. For example, Berlin's rental housing supply was crashed by 41% following rent controls and Ireland's rental housing stock has been left at an all time low with a spike in rents following their failed "rent pressure lane" experiment.
UBI sounds like the great reset
*Guy has degree in political economics*
Charlie: “I have a masters in philosophy.”
HAHAHAHAH!
That guy must have been like “…ah, he’s special needs.”
Brexit 😂 The boogeyman
I follow your channel Charlie... you don't push me in a certain ideology. I believe its all bollocks 😅
Did not expect the Sexy Fish 😂
That UBI lad was hangry and passive-aggressive to the max.
Well he won't be affording Patagonia jumpers on his UBI..
All I wanted was a little walk around of the old Honda.
where do the UBI clowns think the money will come from..??
tax where else
@@hassyg4083 Money never did come from anywhere. It's an illusion made out of thin air.
@@hassyg4083So theft?
@@Martin-88 not an illusion. you do stuff for it due to it having value for goods and services. whenever its made by gov its for stimulus reasons
@@hassyg4083 But that's only because we all agree to go along with it. Money itself is just numbers on a screen. When the Bank of England decide to print a load more money it's just zeros added. That value hasn't been worked for by anyone, it was just pumped into the system.
Money is supposed to be valuable. If it was just handed out to everyone that would be catastrophic in the medium to long term
Can somebody dispute the fact that it is a cult?
Protect the NHS in an upside down world. 🤔
ASB injunctions are dealt with by civil courts. If you breach such an injunction, it's contempt of court, which is criminal. It's still dealt with by the civil court that issued the injunction, but using the criminal procedures.
That's an example of why police might be at a civil court building.
Nice nod to the Undateables 😂😂😂
Charlie haters have been unleashed. 🤪🤪🤪🤪😜😜😜😜
After the Debate, I think they thought it through and decided to take the sign down and play Monopoly instead.
UBI will only work under a programable currency. It will also be the permanent lockdown of financial freedom.
6:55 in what world is a masters in philosophy better than a masters on political economics? Charlie you might as well of told him you had a BTEC in cookery 😂