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

Page: https://stenobird.com/podcast/the-peter-mccormack-show-525419/163-scott-horton-how-debt-inflation-and-war-are-all-connected
Text version: https://stenobird.com/podcast/the-peter-mccormack-show-525419/163-scott-horton-how-debt-inflation-and-war-are-all-connected.md
Podcast: [The Peter McCormack Show](https://stenobird.com/podcast/the-peter-mccormack-show-525419)
Published: 2026-04-08T15:32:00+00:00
Episode link: https://www.petermccormack.com/episodes/163-scott-horton-how-debt-inflation-and-war-are-all-connected
Audio file: https://sphinx.acast.com/p/open/s/69d4f193b76468caacc5068f/e/69d674f002639f375c5fdb5a/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-peter-mccormack-show-525419/episodes/163-scott-horton-how-debt-inflation-and-war-are-all-connected
Duration seconds: 4505

## Resource

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 › S…

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