Gary's Economics: "The Iran Economic Shock: How to Protect Yourself" [View all]

Last edited Sun Apr 5, 2026, 01:45 PM - Edit history (1)

Gary's Economics is one of the most informative YouTube channels to follow on how to understand and reverse inequality.

His main message: Tax wealth, not work.
-Governments should use the money to reinvest in public assets, break up the monopolization of resources by oligarchs.
-Raise awareness of the dynamics of wealth consolidation, and make the necessary political changes to dismantle wealth inequality


In this video
- War is predictable if we understand late-stage wealth consolidation
- Wealthy people invest in assets - oil, housing, land, commodities to get rich.
- In the past, middle classes were able to accumulate some wealth through decent-paying jobs and home ownership.
- Working classes were somewhat protected from wealthy monopolization of public resources by government ownership of public housing, energy, land, forests, surplus commodities distributed to the poor.
- Wealthy classes are now going after those "protected" resources, and squeezing out middle classes from home ownership, well-paid jobs, food stamps, health benefits.
-When all the easy wealth is taken, they have wars to steal resources from other nations, and then make money on rebuilding.

Other excellent shorts, videos


In this video
-The Rich squeeze assets from society until it becomes poverty-strickened, like slums in India or South Africa.
-The poor have already been squeezed out. Now they're squeezing out the middle class and government assets that help the people.

Squeeze out occurs in five stages:
1. Rich accumulate assets, driving asset prices up, outcompete working classes for resources and drive them into debt.
2. Working classes run out of resources, cannot borrow, cannot spend resulting in economic crises.
3. Government tries to help, runs out of resources, becomes massively indebted to the rich
4. Government can no longer afford to help, guts programs that help working and middles classes. The entire economy becomes dedicated to serving the rich. Everyone else is in poverty.
5. Once all the wealth is squeezed out of the people and government, the wealthy start going after the resources of other wealthy via wars, fought by the disposable poor.

Your grandparents lived in a world of desperate poverty, formed governments to improve the living standards of the people. The wealthy are destroying what they built. We must stop that destruction.
Tax wealth, not work.