What Bitcoin Did Only Bitcoin Can Stop Government Corruption | Peter McCormack
19 snips
Jan 8, 2026 Peter McCormack, a political commentator and podcaster, dives into the broken state of the UK government. He discusses how debt and inflation are hollowing out public services and destroying the middle class. Peter highlights the inability of both political sides to fix systemic issues and critiques the impact of asset inflation on society. He also explains his 'I No Longer Consent' movement, advocating for constitutional constraints on government power and emphasizing a vision for smaller government and enhanced liberty.
AI Snips
Chapters
Books
Transcript
Episode notes
Everything Is Downstream Of Central Government
- Central government decisions determine local outcomes and hollow out public services through debt and incentives.
- Peter McCormack argues local efforts fail when everything is downstream of central government.
Inflation Is The Silent Tax
- Inflation functions as a hidden tax that benefits asset-holders and harms wage earners.
- McCormack links monetary policy and money creation to widening asset inequality and declining living standards.
Bureaucracy Kills The Middle Class
- Regulation, taxation, and red tape advantage large firms and hollow out small businesses and the middle class.
- McCormack argues this dynamic causes homogenisation and destroys locally-run businesses and social mobility.
