The Peter McCormack Show

Peter McCormack

I’m just a retired rapper from Bedford, UK, trying to understand this crazy world. So I speak to smart people about money, power, politics and why things feel the way they do. Hosted on Acast. See acast.com/privacy for more information.

  1. #167 - Andrew Lilico - Britain Is Poorer Than The Poorest US State

    3 HR AGO

    #167 - Andrew Lilico - Britain Is Poorer Than The Poorest US State

    Britain is now poorer than the poorest American state and economist Andrew Lilico says a full-blown fiscal crisis is coming within ten years. He explains how Britain broke itself, why the political establishment lost its faith and the £180 billion in spending cuts he believes should be the baseline, not the radical option. Andrew Lilico is Executive Director of Europe Economics and Chairman of the IEA Shadow Monetary Policy Committee. He is one of Britain's most prominent economists and a regular voice on UK fiscal policy. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Britain Is Poorer Than We Pretend 00:01:17 - The Coming Fiscal Crisis 00:02:48 - The Three Forms Of A UK Fiscal Crisis 00:05:00 - How Britain Betrayed A Generation 00:09:11 - ONE Oligarchy Or Competing Ones 00:13:06 - The 20-year Loss Of Coherence In British Politics 00:15:00 - Why Politicians No Longer Trust Voters 00:17:56 - When The System Broke 00:19:42 - Short-Termism And The Death Of Economic Justice 00:22:34 - WHO Actually Runs Britain 00:25:00 - Bank Of England Independence And Its Hidden Cost 00:30:00 - Do We Need An Anti-establishment Movement? 00:33:00 - Why Reform Is Diluting Its Own Message 00:40:00 - £180 Billion In Spending Cuts 00:43:13 - The Bank Of England Back Under Political Control 00:44:05 - The "Surrealist Game" Of Inflation Targets 00:50:00 - Is It Really The Voters' Fault? 00:54:00 - What The Polls Are Telling US  00:55:30 - Is There An Optimistic Path Out Of This? 01:03:12 - UK GDP Per Capita Used To Be Higher Than The US 01:05:44 - What Britain Can Learn From Argentina 01:10:35 - What Should An Ordinary Person Do? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH ANDREW LILLICO › Twitter – https://x.com/andrew_lilico › Website – https://www.telegraph.co.uk/authors/a/ak-ao/andrew-lilico/ SPONSORS › IREN - https://www.iren.com › Incogni - https://incogni.com/ › Saily - https://saily.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 15min
  2. #166 - Freddie New - How Governments Destroy Money and Empires (The Lessons From Rome)

    5 DAYS AGO

    #166 - Freddie New - How Governments Destroy Money and Empires (The Lessons From Rome)

    Freddie New studied the classics and has spent years obsessing over one question: how does a superpower destroy itself? The answer, he argues, is always the same - it starts with the money. In this conversation we map the fall of Rome directly onto the West today. The Roman denarius lost 97% of its purchasing power over 150 years. The British pound has lost 95% of its in the last century alone. The parallels don't stop there - military overstretch, a dependent population kept loyal by the state, leaders who can't stop the printing even when they know it's killing them. Rome couldn't stop. We can't either. Freddie has read all 1.5 million words of Edward Gibbon's History of the Decline and Fall of the Roman Empire. In this conversation he explains what that teaches us about where we are right now - and whether there is a way out. In this episode: •⁠ ⁠How Rome debased the denarius from 100% silver to 3% over 300 years •⁠ ⁠Why currency debasement always starts slowly and why it can never be stopped •⁠ ⁠The eerie similarity between Rome's military dependence and modern welfare states •⁠ ⁠What Diocletian's price controls tell us about every government's response to inflation •⁠ ⁠Why Constantine's hard money reset saved the empire for another generation •⁠ ⁠What hard money offers that fiat never can •⁠ ⁠Whether the West can course correct or whether collapse is now inevitable - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Currency Collapse Starts 00:01:17 - Rome vs Britain 00:05:00 - How Debasement Spreads 00:09:52 - The Soft Default 00:18:02 - The Grift Economy 00:22:18 - The Hollowing Out 00:30:19 - How Rome Worked 00:35:00 - Why Collapse Happens 00:39:08 - Welfare And Power 00:46:28 - War Footing Debate 00:52:33 - Are We In Decline? 00:57:54 - Constantine Solution 01:05:22 - AI And Power Shift - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH FREDDIE NEW › Twitter – https://x.com/freddienew › Website – https://bitcoinpolicy.uk/ SPONSORS › IREN - https://www.iren.com › LEDN - https://www.ledn.io/peter › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 12min
  3. #165 - Emmet Connor - The Ideology Slowly Destroying the West

    14 APR

    #165 - Emmet Connor - The Ideology Slowly Destroying the West

    Emmet Connor, author of Red Pandemic, joins me to discuss his claim that Marxist ideas are expanding globally through culture, institutions and politics. We start with the core question: is there actually a coherent Marxist movement in the modern West or is the term being used too loosely to describe broader social change? We also explore what Marxism is today, how it may have evolved beyond its original economic focus and whether its historical outcomes are a failure of implementation or something inherent to the ideology itself. - ⁠- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Marxism Or Leftism 00:05:00 - Defining The Revolution 00:10:55 - Useful Idiots Problem 00:18:52 - Fabian Influence Debate 00:30:00 - Do Marxists Know? 00:37:52 - How Ideas Spread 00:48:34 - Freedom And Liberty 01:02:23 - The Right’s Branding 01:16:30 - Where The Right Wins 01:30:31 - Power And Democracy 01:46:56 - What People Actually Want 02:10:23 - Final Reflections - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH EMMET CONNOR › Twitter – https://x.com/ResolvingR › Book – https://omnia-veritas.com/product/red-pandemic/ › YouTube – https://www.youtube.com/watch?v=AI2cy4Dp_8M SPONSORS › LEDN - https://www.ledn.io/peter › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    2h 12m
  4. #164 - Liz Truss - Why It Doesn't Matter Who You Vote For

    10 APR

    #164 - Liz Truss - Why It Doesn't Matter Who You Vote For

    Liz Truss, former Prime Minister of the United Kingdom, joins me to discuss what really happened during her time in office and why she believes the UK is in long-term economic and political decline. We talk about the limits of political power, the role of institutions like the Bank of England, and why she argues that meaningful change is harder than voters realise. Liz also reflects on why she was removed from office and whether Britain can reverse its current trajectory. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Who Has Power 00:02:09 - 25 Years Stagnation 00:07:13 - “I Was Vindicated” 00:12:04 - Politicians vs Blob 00:16:52 - Anti-Establishment Movement 00:22:29 - Bank of England Power 00:30:46 - Leadership vs Movement 00:37:20 - How The System Controls 00:46:44 - Who Runs Government 00:54:28 - Reversing The System 01:00:01 - Consequences of Decline 01:04:59 - Debt Crisis Risk - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH LIZ TRUSS › Website – https://www.cpac.org/int/greatbritain/home › Twitter – https://x.com/trussliz SPONSORS › IREN - https://iren.com › LEDN - https://www.ledn.io/peter › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 8min
  5. #163 - Scott Horton - How Debt, Inflation and War Are All Connected

    8 APR

    #163 - Scott Horton - How Debt, Inflation and War Are All Connected

    Scott Horton is the director of Antiwar.com and one of the most outspoken critics of US foreign policy. In this episode, Scott explains how war connects directly to the things people feel every day - rising prices, falling purchasing power, growing debt and a system that never seems to improve no matter who is in charge. We also discuss how governments fund wars, why debt keeps expanding, how inflation quietly shifts the cost onto ordinary people and the incentives that keep the cycle going. Lastly, Scott explains the role of media, the relationship between politics and defence spending, and why these conflicts continue even when public support is weak. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Perpetual War System 00:02:00 - Hidden War Tax 00:05:00 - Debt Spiral 00:08:00 - Empire Costs 00:09:30 - War & Inflation 00:25:00 - Cost Of War 00:28:40 - Iron Triangle 00:33:10 - “It’s A Racket” 00:43:30 - Emotional Toll 01:02:10 - Any Hope Left 01:05:00 - How It Ends - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH SCOTT HORTON › Website – https://scotthortonacademy.com/ › Twitter – https://x.com/scotthortonshow SPONSORS › IREN - https://www.iren.com/ › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 15min
  6. #162 - Mike Green - The Economy is Collapsing, Time to Prepare

    2 APR

    #162 - Mike Green - The Economy is Collapsing, Time to Prepare

    Are we heading for a mathematical market crash or has the system just been perfectly designed to extract your wealth? In this episode, I sit down with macro-strategist Mike Green to discuss the hidden plumbing of the global economy. Mike explains why the stock market is no longer tied to reality, how the rise of passive index funds has created a dangerous "flow inelastic trap" and why the modern retirement system is forcing a massive generational wealth crisis. Mike also explains the brutal economic realities of the Middle East conflict, how monopolies have secretly captured free-market capitalism and reveals a new data point: how corporations are actively using AI to eliminate jobs for the younger generation. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - System Feels Broken 00:01:58 - War Hits Your Wallet 00:06:22 - Power And Control 00:10:45 - Retirement Was Rewired 00:15:55 - The Market Tipping Point 00:20:08 - Why Nothing Works 00:24:00 - Capitalism Got Captured 00:33:28 - The Real Problem 00:35:47 - AI Changes Everything 00:44:00 - The Fed Is Trapped 00:51:12 - The Credit Unwind 00:59:47 - What Happens Next - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH MIKE GREEN › Website – https://www.simplify.us › Twitter – https://x.com/profplum99 › Substack – https://substack.com/@michaelwgreen SPONSORS › IREN - https://www.iren.com/ › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 8min
  7. #161 - Lyn Alden - The Inevitable Collapse of The Financial System

    31 MAR

    #161 - Lyn Alden - The Inevitable Collapse of The Financial System

    Why does everything feel more expensive even when the economy is supposedly "growing"? The truth is, the financial system isn't broken - it's functioning exactly as it was designed to In this episode, macroeconomist and author Lyn Alden joins the show to discuss the mechanical reality of the fiat ledger and the global debt trap. We explore how the system forces a silent extraction of wealth from the working class to subsidise sovereign debt, why we are re-entering a 1940s-style era of financial repression, and how corporations (like Coca-Cola) use debt to actively "short" the currency you are forced to save in. We also discuss the hidden math behind the cost-of-living crisis, why the system must "grow or die," and how to protect your wealth. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 – Slow Financial Collapse 00:02:00 – How Money Actually Works 00:07:30 – End of Gold System 00:12:30 – Why Life Feels Harder 00:18:20 – The Debt Trap 00:26:00 – Who Really Wins 00:34:00 – Why System Persists 00:41:00 – Crisis & Bailouts 00:48:30 – System "Resembles Theft" 00:59:20 – Default Explained 01:10:30 – Bitcoin & Alternatives - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH LYN ALDEN › Website – https://www.lynalden.com/ › Twitter – https://x.com/LynAldenContact SPONSORS › IREN - https://www.iren.com/ › Saily - https://saily.com/peter › Ledger - https://www.ledger.com/ › Monetary Metals - https://www.Monetary-Metals.com/McCormack - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 26min
  8. #160 - Mark Suman - AI Is Quietly Changing How You Think

    25 MAR

    #160 - Mark Suman - AI Is Quietly Changing How You Think

    Former Apple employee, Mark Suman explains why Apple refused to allow ChatGPT internally and what that reveals about how AI systems are learning how we think. Most people are now using AI every day - for work, personal decisions, even private conversations. But as Mark explains, the more we share, the more these systems begin to model our behaviour, often understanding our thinking patterns better than we do ourselves. This raises a deeper question: what happens when intelligence is centralised, and systems can influence not just what we do, but how we think? We discuss privacy, data, government power, and the trade-offs between convenience and control and why the biggest risks of AI are not in the future, but already happening now. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 Introduction 01:17 What is "thought capture"? 02:57 How AI starts profiling users 06:40 Are we heading to superintelligence? 08:51 Mapping human thinking at scale 11:38 How algorithms influence behaviour 16:53 Why Apple blocked ChatGPT internally 20:00 The risks of sharing data with AI 25:55 Advice for everyday users 30:00 The real risks of AI systems 32:13 AI and mass influence 35:46 How AI could steer opinions 42:01 AI, Bitcoin & sovereignty 47:25 Where we are as a civilisation 50:00 Trust in institutions collapsing 55:47 Is society breaking? 1:12:45 AI and job displacement 1:15:02 Should AI be regulated? 1:23:55 AI exhaustion 1:29:13 The future of human work - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH MARK SUMAN › Website – https://trymaple.ai/ › Twitter – https://x.com/marksuman SPONSORS › IREN - https://www.iren.com/ › Saily - https://saily.com/peter › Ledger - https://www.ledger.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1hr 39min
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About

I’m just a retired rapper from Bedford, UK, trying to understand this crazy world. So I speak to smart people about money, power, politics and why things feel the way they do. Hosted on Acast. See acast.com/privacy for more information.

Information

  • Creator
    Peter McCormack
  • Years Active
    2017 - 2026
  • Episodes
    1k
  • Rating
    Explicit
  • Copyright
    © Peter McCormack
  • Show Website
    The Peter McCormack Show

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