The Peter McCormack Show PMQs #006 - The Quiet Leviathan — Inflation Is Breaking Everything
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Dec 31, 2025 Inflation is quietly eroding trust in our systems, impacting everything from living standards to political engagement. The discussion underscores that what appears as incompetence may actually be by design, as power structures exploit economic decay. There's a stark contrast between the wealthy and the working class, emphasized by asset inflation and stagnant wages. Participants urge listeners to reconsider their political participation, advocating for a collective withdrawal of consent and focusing on creating a better future for upcoming generations.
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Inflation As A Slow Societal Collapse
- Slow, persistent inflation degrades living standards and social trust without a dramatic collapse.
- Peter McCormack argues we're already living through that quiet, corrosive decline.
Winners And Losers Of Inflation
- Inflation functions as a transfer from wage earners to asset holders, rewarding owners of scarce assets.
- McCormack says ending inflation is the biggest redistribution that helps the poor most directly.
Personal Housing Example
- Peter McCormack contrasts his parents' single-salary ability to buy a four-bedroom house with today's impossibility.
- He uses his family's story to illustrate how inflation destroyed intergenerational affordability.
