{"podcast":{"title":"The Peter McCormack Show","slug":"the-peter-mccormack-show-525419","podcast_index_feed_id":525419,"rss_url":"https://feeds.acast.com/public/shows/69d4f193b76468caacc5068f","website_url":"https://www.petermccormack.com/","image_url":"https://assets.pippa.io/shows/69d4f193b76468caacc5068f/show-cover.jpg","author":"Peter McCormack","episode_count":1075,"summary":"The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade. Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon. Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions. Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify. Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-31T06:19:00.527164+00:00","page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419"},"episode":{"title":"#161 - Lyn Alden - The Inevitable Collapse of The Financial System","slug":"161-lyn-alden-the-inevitable-collapse-of-the-financial-system","published_at":"2026-03-31T17:32:00+00:00","page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419/161-lyn-alden-the-inevitable-collapse-of-the-financial-system","show_page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419","url":"https://whatbitcoindid.libsyn.com/161-lyn-alden-why-everything-feels-harder-debt-inflation-the-system","audio_url":"https://sphinx.acast.com/p/open/s/69d4f193b76468caacc5068f/e/da191c7e-4506-400e-b96b-a2907711558d/media.mp3","summary":"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 - - - - -…","meta_description":"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…","key_points":[],"chapters":[],"topics":[],"duration_seconds":5154,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-peter-mccormack-show-525419/episodes/161-lyn-alden-the-inevitable-collapse-of-the-financial-system/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419/161-lyn-alden-the-inevitable-collapse-of-the-financial-system.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}