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Debt & Ownership

"And we've created this quite interesting set of financial outcomes where we've really, really rewarded people who took quite risky economic actions, which is to take on huge amounts of debt and to buy huge amounts of assets and take huge amounts of price risk but they have made money because prices have gone up." UNDERSTAND, SHARE & PUSH BACK WEBSITE - https://www.garyseconomics.org TWITTER - / garyseconomics FACEBOOK - / garyseconomics INSTAGRAM - / garyseconomics TIKTOK - / garyseconomics YOUTUBE - / garyseconomics PATREON - / garyseconomics DISCORD - / discord SUBSCRIBE, SHARE & START A CONVERSATION Performed by Gary Stevenson @garyseconomics Produced by Simran Mohan @mohanmedia TIMESTAMPS 00:00 - Snippet Introduction 00:23 - What is Debt? 04:16 - Who Owns the Debt? 08:58 - Debt is a Form of Ownership 14:00 - Who takes the Price Risk? 17:13 - Debt has Devalued 21:13 - Who Really Owns Things?

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