#418: A First Principles Breakdown of the Monetary Crisis with Peter St Onge
Episode description
Marty sits down with Peter St Onge to discuss the all aspects of the impending economic strife and why there's plenty of hope on the other end.
Peter on Twitter: https://twitter.com/profstonge
Peter's Substack: https://stonge.substack.com/
Heritage Foundation: https://www.heritage.org/
Mises Institue: https://mises.org/
9:27 - Starting with Modern Monetary Theory
14:54 - Fed policy heading off a cliff
24:39 - Approaching the debt ceiling and unemployment
33:28 - A whitepilled take on imminent collapse
39:57 - They pushed too far too early
44:53 - Hidden purpose behind the lies
55:45 - What happens without the state
59:43 - What the state has devoured and destroyed
1:09:29 - BS Environment policy and cronyism
1:14:45 - Bitcoin adoption and the convolution if banks
1:26:00 - Full/fractional reserve banking
1:35:48 - When will the US default?
1:42:44 - Energy nonsense and mocking the rulers
1:55:28 - Wrapping up
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