Uploaded February 2025 | Updated September 2026, 1 week ago

---

Who actually ends up with that mortgage payment you make every month? Spoiler: it's not the bank.

Previous videos mentioned in this video:
Debt - youtube.com/watch?v=KLQlOK3AWSs
What is Money - youtube.com/watch?v=_gcNMu40jqs&ab_channel=GarysEconomics
Flows of Wealth - youtube.com/watch?v=KdOU-KfIuQU&t=748s&ab_channel=GarysEconomics
How the Rich get Rich from Covid-19 - youtube.com/watch?v=EiblHqbpXHs&t=3s&ab_channel=GarysEconomics


Timestamps
00:00 Intro
01:38 Credit and debt explained
06:25 Morgage credit
08:00 Flows of wealth
09:16 How the rich buy property
13:02 Governments and banks
15:35 Should you get a mortgage?

UNDERSTAND, SHARE & PUSH BACK

SPOTIFY - open.spotify.com/show/2807p01KIe4RRFjRTB5o25
INSTAGRAM - instagram.com/garyseconomics
TIKTOK - tiktok.com/@garyseconomics
BLUESKY - https://bsky.app/profile/garyseconomics.bsky.social
X - twitter.com/garyseconomics
FACEBOOK - facebook.com/garyseconomics
PATREON - patreon.com/garyseconomics
DISCORD - discord.gg/vqME6WsPd7
WEBSITE - garyseconomics.org

SUBSCRIBE, SHARE & START A CONVERSATION

Performed by Gary Stevenson
@garyseconomics