Excellent new discussion from Gary's Economics on how and why crises (like current Iran war, covid etc) usually result in massive transfer of wealth from the public and from poorer people, to the very rich.

https://m.youtube.com/watch?v=Oi265I48MdI

#inequality #taxtherich

The Iran economic shock is coming. How to protect yourself

YouTube
@bluewave_kiwi FYI also available as a podcast
Well worth consuming regardless of delivery method.