Peter St Onge Podcast

California's controversial $150,000 loans for illegal migrants are explored, drawing parallels to past housing crises. The podcast dives into the struggles banks face amid rising loan delinquencies and economic instability. Job insecurity is highlighted, with fears of job loss mirroring the 2008 crisis. It also analyzes the recent drop in job openings and connections between physical fitness and voting tendencies. A thought-provoking look at the interplay between economics and political behaviors adds depth to this week’s discussion.

Daniel Lacalle, an economics professor and Austrian economist from Madrid's IE Business School, discusses the economic pitfalls caused by leftist policies, particularly in Argentina. He emphasizes the dangers of excessive government spending and its detrimental effects on the middle class. Lacalle critiques proposed tax hikes, arguing they hinder growth and innovation. He also highlights Javier Milei's pro-growth strategies and the failure of price controls, suggesting they create more problems than they solve, while touching on rising debt and cultural attitudes towards economic success.

Weekly Roundup of the week's top stories on Economics and Freedom.- Inflation Under Kamala- Bobby Kennedy Endorses Trump- Kamala's $5 Trillion Tax Hike- From Price Controls to Mass Starvation- Europe's Lost Decade Read the full article “From Price Controls to Mass Starvation" with charts and all the gory details at www.profstonge.com.Visit our Lead Sponsor: UnchainedKeep your Bitcoin safe and minimize your taxes. Open a Bitcoin IRA and get the first year free!Visit our Sponsor: Daily Signal PodcastConservative Perspectives that Mainstream Media won’t cover!Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Per Bylund, a professor renowned for his expertise in modern and Austrian economics, dives deep into how nations achieve wealth. He critiques mainstream economic theories, emphasizing the pivotal role of entrepreneurship and innovation in driving prosperity. Bylund highlights the subjective nature of market value and discusses the dangers posed by corporatism in the U.S. economy. He also explores the rising interest in hard money and cryptocurrencies as solutions amidst economic instability, aiming to enhance public understanding of economics.

This week’s discussion dives into Kamala Harris's price control proposals and their historical pitfalls. The conversation explores the troubling link between declining inflation and economic weaknesses, shedding light on rising federal spending. Millennials and Gen Z face financial woes in a volatile job market, highlighting a sense of hopelessness. The podcast critiques the soaring costs of education and housing, while also exposing the failures in public schooling and job reporting. Tune in for insights into how these issues shape America's economic landscape.

Lawrence Lepard, a sound money advocate and investment manager, dives into America's pressing debt crisis and its roots in past economic downturns. He critiques current fiscal policies and explores societal shifts in understanding monetary issues. The conversation highlights skepticism around reported inflation figures, the impact of technology on financial stability, and the potential of Bitcoin as an alternative currency. They discuss historical economic policies and advocate for a reevaluation of America's monetary system to prevent disaster.

Nearly half of Americans struggle to pay their bills as inflation bites. The discussion draws a stark comparison with India's populist politics under Modi. There’s a deep dive into the negative job growth in small businesses and a looming recession despite low unemployment numbers. The reliability of current economic indicators is questioned, while a call for reviving the gold standard as a stabilizing force against federal deficits takes center stage. The podcast concludes with a critical look at the costs of American military interventions and their economic implications.

Stephan Livera, an expert in Austrian economics and cryptocurrency, shares his fascinating journey from Keynesian education to embracing anarcho-capitalist views. He introduces essential resources for newcomers to Austrian economics and reflects on the importance of community in Bitcoin discussions. Stephan discusses the challenges of creating a successful Bitcoin podcast while balancing a full-time job, and he provides insights on engaging audiences without being an expert. He also reflects on his transition from Australia to Dubai during the pandemic, highlighting favorable tax conditions.

Unemployment has surged to 4.3%, with most Americans believing we're in a recession. Japan's carrying trade is in jeopardy, and market fluctuations raise fears reminiscent of 1987 and 2008. Household debt has skyrocketed to a staggering $17.8 trillion, indicating potential economic peril. The discussion covers alarming economic forecasts, including the impact of inflation and government policies on job creation, revealing a troubling snapshot of today's financial landscape.

Jeff Tucker, an economic expert associated with the Brownstone Institute, dives into the intricacies of Weimar inflation and contemporary economic parallels. He discusses the historical chaos of the Weimar Republic and its impact on democracy. Tucker draws comparisons between wartime economies of WWI and COVID-19, exploring government spending and policies. He also critiques current inflation metrics, revealing discrepancies in reported data versus real costs, especially in housing and healthcare. The insights challenge traditional economic narratives and encourage a deeper understanding of inflation.