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  • PMQs #004 - I'm Withdrawing My Consent from the British State
    2025/12/15

    I've reached an inflection point.

    I no longer believe Britain's political system can fix itself. This isn't about left vs right, Labour vs Conservative, or the next election. It's about unconstrained power, broken incentives and a system that rewards failure while hollowing out the next generation.

    In this PMQs episode, I explain why I'm withdrawing my consent from the British state and why so many young people have already done the same.
    This isn't apathy.

    It's a vote of no confidence.

    In this episode:
    – Why politicians care about only one thing: staying in power
    – How unconstrained government creates inevitable failure
    – The collapse of trust in institutions
    – Why young people feel betrayed by the system
    – Nick Fuentes, Piers Morgan & generational revolt
    – Why Reform and the Greens are the same phenomenon
    – The moral failure of intergenerational debt
    – Why Britain needs limits on power, not new parties

    SHOW NOTES
    › https://substack.com/@petermccormack
    › https://x.com/PiersUncensored/status/1998127009981947930
    › http://youtube.com/watch?v=UiAhS7AuB8k
    › https://www.youtube.com/watch?v=nkK312fMPsQ&t=3814s
    › https://www.youtube.com/watch?v=7TEnJ5pyFDg
    › https://graceblakeley.substack.com/p/generation-despair

    CONTACT PETE
    › Website - http://petermccormack.com
    › Feedback - https://www.petermccormack.com/contact
    › Email - me@petermccormack.com
    › Instagram - /mccormack555
    › X/Twitter - https://x.com/petermccormack/

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    TIMESTAMPS:
    00:00 – I've Reached an Inflection Point
    02:06 – Why All Governments Are Set to Fail
    05:43 – The One Thing All Politicians Care About
    08:23 – Nick Fuentes, Piers Morgan & Moral Outrage
    12:43 – Why Young People Don't Care Anymore
    19:18 – Collapse of Institutional Trust
    24:24 – We Sold the Future to Avoid Recessions
    27:10 – The Rise of Reform & the Greens Explained
    30:44 – Withdrawing Consent from the State
    45:13 – Why Britain Needs Limits on Power

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    LISTEN / SUBSCRIBE TO THE PODCAST
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    58 分
  • #135 - Michael Green - The Benchmark That Broke America
    2025/12/11

    Mike Green is a macro strategist known for his work on market structure, benchmark distortions, passive flows and systemic fragility.

    A single benchmark shaped American markets and policy for decades and economist Mike Green believes it distorted risk, inflated asset prices, weakened the middle class and misled policymakers about the true state of the economy. In this conversation, he breaks down how a flawed model became accepted as truth, how it quietly rewired incentives, and why he thinks the consequences are now impossible to ignore.

    In this episode we discuss:
    – What the "broken benchmark" actually is
    – How flawed assumptions shaped U.S. economic policy
    – Why markets mispriced risk for decades
    – The rise of passive flows and distorted price signals
    – How asset inflation hurt the middle class
    – Why housing affordability collapsed
    – Why policymakers didn't correct the model
    – The structural consequences for future generations
    – Whether America can fix the system without a crisis
    – How the UK is importing the same benchmark problems

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    TIMESTAMPS:
    00:00:00 – How a Benchmark Became a National Problem
    00:16:24 – The Rise of Passive Flows & Market Distortion
    00:32:18 – Why America Misprices Risk
    00:48:05 – Asset Inflation & the Middle-Class Squeeze
    01:04:22 – Housing, Debt & Structural Fragility
    01:19:57 – Why Policymakers Didn't Fix the Benchmark
    01:36:44 – Elites, Incentives & the Illusion of Prosperity
    01:53:30 – The UK's Imported Benchmark Problem
    02:10:42 – What a Saner Benchmark Would Look Like
    02:27:15 – Future Scenarios & Final Thoughts

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    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 MIKE GREEN
    › Website – https://www.simplify.us
    › Twitter – https://x.com/profplum99
    › Substack – https://substack.com/@michaelwgreen

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    2 時間 45 分
  • #134 - Steve Keen - How Modern Economics Became Ideology
    2025/12/09

    Modern economics is built on competing theories that often describe the world in very different ways. In this conversation, economist Steve Keen sets out his explanation for how money works, why he believes mainstream economic models fail, and why debt, banking and housing play a far greater role in economic crises than most policymakers acknowledge.

    Keen's perspective challenges the assumptions of neoclassical, Keynesian and Austrian economists alike.

    In this episode we discuss:
    – How economics became political ideology
    – Why neoclassical theory broke the West
    – The Left vs Right illusion in economic policy
    – What money really is (and how banks actually create it)
    – Why inflation is misunderstood by almost everyone
    – How private debt fuels instability and inequality
    – Housing, mortgages & the destruction of the middle class
    – Why equilibrium economics is fantasy
    – What a sane, reality-based economic model looks like
    – How young people can survive a debt-driven system

    Economics didn't fail by accident — it failed because ideology replaced reality.

    Steve Keen is one of the world's leading heterodox economists, known for his critiques of mainstream theory and his work on private debt, banking, financial instability and the 2008 crisis, which he warned about years in advance.

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    TIMESTAMPS:
    00:00:00 – Introduction
    00:03:12 – Why Economics Became Ideology
    00:09:04 – Economists vs Reality
    00:14:47 – How Money Actually Works
    00:21:18 – Banks, Loans & Money Creation
    00:33:44 – Inflation: What Really Drives It
    00:38:59 – Wages, Markups & Bargaining Power
    00:47:55 – The Housing Crisis Explained
    00:54:03 – Deregulation & the Death of Affordability
    00:59:22 – Middle Class Collapse
    01:04:48 – Left and Right Get Economics Wrong
    01:11:02 – Neoclassical Economics
    01:17:26 – The Problem With Economic Models
    01:22:31 – Why Economists Misunderstand Production
    01:28:08 – AI, Automation & The Future of Work
    01:44:28 – Structural Failures
    01:55:46 – Can Government Use Good Economics?
    02:01:23 – Global Debt, Fragility & Future Crises
    02:06:40 – What Would Real Reform Look Like?
    02:13:28 – Why Young Generations Feel Hopeless
    02:19:47 – Can We Build a Post-Ideological Economics?
    02:25:10 – Final Thoughts

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    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 STEVE KEEN
    › Website – https://www.patreon.com/ProfSteveKeen
    › Twitter – https://x.com/profstevekeen

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    2 時間 30 分
  • #133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe
    2025/12/09

    Inflation isn't an economic metric — it's a political tactic. When governments lie about inflation, they're not miscalculating; they're stealing from you. Economist Karl-Friedrich Israel explains how inflation quietly enriches asset holders, punishes workers and pushes Europe into a slow, silent decline.

    If your living standards are falling while politicians insist everything is fine, this conversation will make sense of it. If you still believe governments can print prosperity without consequences, you won't enjoy what follows.

    In this episode we discuss:
    – How inflation secretly taxes the poor
    – Why CPI hides the real cost of living
    – Europe's long, slow economic decay
    – The rise of modern socialism
    – Cronyism vs capitalism
    – Collective corruption of elites
    – Why asset inflation fuels inequality
    – The Argentina warning
    – Whether Bitcoin can fix the money
    – AI, automation & the coming labour shock

    Britain is being lied to — and people are finally waking up.

    Karl-Friedrich Israel is a German economist specialising in monetary policy, inflation and inequality. His work reveals the economic mechanisms accelerating Europe's decline.

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    TIMESTAMPS:
    00:00:00 – The Inflation Lie
    00:06:21 – CPI vs Real Cost of Living
    00:12:13 – Inequality: What's Legit, What Isn't
    00:14:02 – Why Socialism Is Surging Again
    00:19:34 – Inflation as Political Illusion
    00:24:10 – Welfare, Dependence & the Trap
    00:26:47 – Argentina, Milei & Monetary Chaos
    00:33:16 – Should We Abolish Central Banks?
    00:37:21 – Europe's Coming Decline
    00:53:59 – Brain Drain & the Death of Opportunity
    00:58:07 – Academia's Ideological Capture
    01:23:02 – AI, Job Loss & the Future Economy
    01:39:19 – Bitcoin, Freedom & The Path Forward

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    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 KARL-FRIEDRICH ISRAEL
    › Website – https://kfisrael.com/

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    1 時間 45 分
  • #132 - James Esses - Is Gender Ideology Harming Children?
    2025/12/09

    James Esses is a psychotherapist and former Childline volunteer who was expelled from his degree and blacklisted by his profession for opposing gender ideology.

    He now works with young people suffering from gender dysphoria and is one of the UK's most articulate defenders of reality, safeguarding and children's rights.

    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 JAMES ESSES
    › X/Twitter - https://x.com/JamesEsses
    › Website - https://jamesesses.com/

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    TIMESTAMPS:
    00:00:00 – Introduction
    00:03:45 – The Trans Industry
    00:08:00 – Medicalisation vs Exploration
    00:12:30 – What Puberty Blockers Really Do
    00:16:00 – The Clinics & the Profits
    00:20:30 – Transitioning Is Not Treatment
    00:25:00 – Adults vs Children
    00:30:00 – From Self-Hate to Sterilisation
    00:34:30 – Schools, Indoctrination & DEI
    00:39:00 – Media Collusion
    00:44:15 – Language Wars: Women, Men & Meaning
    00:48:00 – Identity as Trend
    00:52:00 – Asexuality & Porn Addiction
    01:00:30 – The Role of the Therapist
    01:04:00 – Transition as Self-Harm
    01:09:00 – What Should Be Banned
    01:14:30 – De-Transitioning & Regret
    01:19:00 – Stereotypes, Confusion & Pressure
    01:23:00 – Media Gaslighting & The BBC
    01:27:00 – Dangers of the Conversion Therapy Ban
    01:31:00 – Why This Isn't Over

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    LISTEN / SUBSCRIBE TO THE PODCAST
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    1 時間 36 分
  • #131 - Angela McArdle - The Fight for Freedom in a Post-Rational World
    2025/12/09

    Angela McArdle is the former Chair of the US Libertarian Party and a leading voice in the global liberty movement.

    In this conversation, we explore the ideological war raging beneath the surface: between those who want freedom and those who want control.

    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 ANGELA MCARDLE
    › X/Twitter - https://x.com/RealAngelaMc

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/
    › Cape - https://www.cape.co/

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    TIMESTAMPS:
    00:00:00 – Introduction
    00:03:20 – UK's Tax Exodus & Class Divide
    00:08:00 – Identity Politics to Class Warfare
    00:10:20 – Third-Party Strategy & Trump Deal
    00:15:40 – Mises Caucus & RFK
    00:22:00 – Free Ross Ulbricht
    00:27:30 – Charlie Kirk's Death
    00:32:00 – US Cities in Decline
    00:38:30 – NHS vs Private Care Models
    00:45:00 – Bitcoin, Financial Freedom & State Control
    00:49:40 – Operation Choke Point 2.0
    00:54:00 – Tornado Cash & Criminalising Code
    01:00:00 – Free Speech & Privacy
    01:04:30 – Ian Freeman's Case
    01:10:00 – COVID as Control, Not Health
    01:14:00 – Civil Liberties Are Dying
    01:18:00 – The Cold War: Freedom vs Free Stuff
    01:24:00 – Guns, Rights & Self Defence
    01:30:00 – Liberty's, Future & the 2028 Plan

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    LISTEN / SUBSCRIBE TO THE PODCAST
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    1 時間 39 分
  • PMQs #003 - Four Lies Buys A Generation of Decay
    2025/12/09

    The third episode of PMQs is here. Peter McCormack breaks down how political lies, from manifestos to media narratives, create decline across generations.

    He dismantles Rachel Reeves' gaslighting, Keir Starmer's child poverty lies, the failure of party politics and why trust in democracy is collapsing.

    SHOW NOTES
    › https://www.youtube.com/watch?v=rDOsm-CYUwQ
    › https://x.com/JamesMelville/status/1994278043137761412
    › https://x.com/Nigel_Farage/status/1993966404354101428
    › https://x.com/SkyNews/status/1995089190481248354

    CONTACT PETE
    › Website - http://petermccormack.com
    › Feedback - https://www.petermccormack.com/contact
    › Email - me@petermccormack.com
    › Instagram - /mccormack555
    › X/Twitter - https://x.com/petermccormack/

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    TIMESTAMPS:
    00:01:30 - Rachel Reeves Misleading the Public
    00:05:02 - Keir Starmer's Lies
    00:08:24 - Labour's Broken Manifesto Promises
    00:10:10 - Rachel Reeves' Gaslighting the Public
    00:18:05 - Four Lies Buys a Generation of Decline
    00:20:05 - Will Reform be any Different
    00:26:28 - Every Election's Biggest Lie is "Change"
    00:31:37 - Building a Better Future for our Kids
    00:38:48 - Inflation is Destructive
    00:41:54 - Proposal for Structural Change
    00:46:58 - Sleepwalking into Authoritarianism
    00:52:51 - Accountability for Politicians

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    LISTEN / SUBSCRIBE TO THE PODCAST
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    54 分
  • PMQs #002 - Labour's Budget: Another Tax Raid on Working People
    2025/12/09

    Labour's second budget is here and it's another full-blown tax raid. They've hit workers again, squeezed savers again, blown up the welfare bill again and still delivered nothing for business, growth or the people who actually drive the economy.

    If you earn, save, build or invest, Labour just came back for round two: punishing work, killing incentives and pushing the UK deeper into decline.

    SHOW NOTES
    › https://x.com/rachelreevesmp/status/1993575889817268537?s=48
    › https://x.com/benobesejecty/status/1991933898667036730?s=48
    › https://x.com/DOGE__news/status/1940926027800498248/video/1

    CONTACT PETE
    › Website - http://petermccormack.com
    › Feedback - https://www.petermccormack.com/contact
    › Email - me@petermccormack.com
    › Instagram - /mccormack555
    › X/Twitter - https://x.com/petermccormack/

    SPONSORS
    › IREN - https://www.iren.com/
    › Ledger - https://www.ledger.com/
    › Gemini - https://gemini.com/

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    TIMESTAMPS:
    00:00 – Budget Day Introduction
    03:07 – Rachel Reeves Big Day
    06:25 – What Labour Did in Their First Budget
    10:00 – Breaking Manifesto Pledges
    14:14 – Inflation: Why the Poor Get Poorer
    16:09 – Record Borrowing - £370m per Day
    20:00 – Destructive Budget Delays
    23:03 – Keir Starmer is a Wet Wipe
    31:00 – Post-Budget Reaction ("Trojan horse?")
    37:21 – The Authoritarian Budget
    47:40 – Kemi's Takedown
    54:48 – Viewer Questions

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    LISTEN / SUBSCRIBE TO THE PODCAST
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    1 時間