Economics of Royalty: Is the Royal Family a Waste of Money? - TLDR News

After a week of controversy surrounding the Royal Family, we thought it was worth discussing one of the core debates related to them - are they good value for money. So in this video, we discuss how the Royal Family are paid for and the economic benefits they provide the UK.

TLDR is all about getting you up to date with the news of today, without bias and without filter. We want to give you the information you need, so you can make your own decision.

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[Soshiaircon]

TLDR forgot to include all the swans in UK under the royal assets.

[mrxsatyr]

"Do we need a monarchy?"
The Queen: Are you threatening me Master Jedi?

[andrewlonghofer]

“Something Germany and France seem to be able to cope fine with”

well, they had a couple of tries

[euanwalker]

“Hosting garden parties and travelling” oh boy how us commoners would love to do some of that right now

[jwil]

“France hasn’t had a monarchy for 200 years”
Napoleon III: am I a joke to you?

[darkmos]

I mean, as a French i don't see why both titles and estade can't be claimed by the people. But you know, French way of dealing with monarchy could be a bit extreme

[timmmahhhh]

"And no the queen's not starting a soda business".

Yes because Royal Crown Cola company already took the name. And then to sell it in the Southern US they would also be tempted to come up with their own version of the Moon Pie.

[yengsabio]

The British people will decide on what to do with their monarchs. As a non-British, I will only observe.

[s_ainsburys]

“It’s treason then.”
*Her Majesty pulls out a sabre from out of no where.*

[dmanvell]

"The opposite of a monarchy isn't anarchy, it's a republic" -- I wish someone would explain this to the Americans. I've lost count of the number of times I've read/heard "the USA is a republic not a democracy", like the concepts are mutually exclusive. 🤦‍♂️

[rzrbli]

How did they acquire all that land and estate at the first place, by working hard as honest low-abiding citizens?! Why should we think all their perceived possessions are legitimate?

[julianfoster]

the house of Lords is and that's what we should be talking about.

[mused]

"They can't just spend it on what they want, it has to be used on things like garden parties and travel..." - oh, the poor dears, lol.

[keeli]

You need to do a video explaining to the Americans why Archie dosent have a title. Pretty obvious to us Brits but they seem to think it's because of racism.

[SteveGouldinSpain]

Their worth, as you have described, is completely at odds with Georgist economics where the only tax one pays is based on land value. Another interesting point is how London is a refuge for deposed royal families from across the globe. I became aware of this when working in Kensington several years ago. I was introduced to prince (so and so) and princess (so and so) all people with titles inherited from diposed royal families, who were hawking their titles to get work in media and finance. Quite frankly as a working class lad who had worked his way up on half-eaten boot-strapps I was quite appalled at how they expected the world to owe them a living just because they had an obscure title.

[spoopytime]

I mean, they sure are good for the meme economy...

[chrisk_nfl]

The UK government wouldn't give up the Monarchy. This will sound incredibly cynical but why would the PM and the governing body give up a figurehead for an electable head of state that could actively go against the prime minister? We most likely wouldn't become a full on republic like the USA, and I just don't see us abolishing the monarchy. Unless the UK Government just gets rid of the monarchy and make the PM the Head of State, Chief Executive, Commander in Chief and Head of Government (etc) which I just completely doubt would happen

The Meghan/Harry stuff is just tabloid drama in the grand scheme of things, I really doubt the Government would change anything

[ejc]

Can we have a video about the House of Lords?

[ImaginaryMdA]

There's no reason to allow the royals to keep their estate after abolishing the monarchy.

[commandantcousteau]

I disagree with removing the Queen, we found a cure of immortality.