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The Peter McCormack Show

The Peter McCormack Show

By: Peter McCormack
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About this listen

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.

Peter McCormack
Economics Personal Finance Political Science Politics & Government Social Sciences
Episodes
  • #166 - Freddie New - How Governments Destroy Money and Empires (The Lessons From Rome)
    Apr 16 2026
    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 Starts00:01:17 - Rome vs Britain00:05:00 - How Debasement Spreads00:09:52 - The Soft Default00:18:02 - The Grift Economy00:22:18 - The Hollowing Out00:30:19 - How Rome Worked00:35:00 - Why Collapse Happens00:39:08 - Welfare And Power00:46:28 - War Footing Debate00:52:33 - Are We In Decline?00:57:54 - Constantine Solution01:05:22 - 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/RumblePMFILMED 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.
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    1 hr and 12 mins
  • #165 - Emmet Connor - The Ideology Slowly Destroying the West
    Apr 14 2026
    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 Leftism00:05:00 - Defining The Revolution00:10:55 - Useful Idiots Problem00:18:52 - Fabian Influence Debate00:30:00 - Do Marxists Know?00:37:52 - How Ideas Spread00:48:34 - Freedom And Liberty01:02:23 - The Right’s Branding01:16:30 - Where The Right Wins01:30:31 - Power And Democracy01:46:56 - What People Actually Want02:10:23 - 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_8MSPONSORS› 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/RumblePMFILMED 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.
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    2 hrs and 12 mins
  • #164 - Liz Truss - Why It Doesn't Matter Who You Vote For
    Apr 10 2026
    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 Power00:02:09 - 25 Years Stagnation00:07:13 - “I Was Vindicated”00:12:04 - Politicians vs Blob00:16:52 - Anti-Establishment Movement00:22:29 - Bank of England Power00:30:46 - Leadership vs Movement00:37:20 - How The System Controls00:46:44 - Who Runs Government00:54:28 - Reversing The System01:00:01 - Consequences of Decline01:04:59 - 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/trusslizSPONSORS› 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/RumblePMFILMED 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.
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    1 hr and 8 mins
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