Nov 10 2023 63 mins 22
Mitch Askew interviews Peter St Onge. Peter is a Ph.D. Economist at the Heritage Foundation & Mises Institute.
Mitch & Peter dive deep into Austrian Economic theory, the problems with government spending, zombie economies, the sovereign debt crisis, Bitcoin, and more!
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00:00 Intro
03:20 Why the political right hasn’t yet embraced Bitcoin
08:16 Is Bitcoin susceptible to rehypothecation
10:20 Why GDP doesn’t tell the whole story about the economy
14:08 Government workers are bad for the economy
17:09 Are we in a shadow recession?
19:42 What has to happen for the Fed to cut?
22:48 Are we headed to stagflation?
26:37 Is it possible to resolve the debt without inflating it away?
28:04 Japan’s Zombie Economy
36:52 Could Japan cause a global recession?
38:04 The fragility of the fiat system
41:40 Did WW2 actually end the great depression?
45:08 Why rate hikes are actually the best way to end a recession
50:49 How would credit work on a Bitcoin standard?
54:10 Hard times make strong men, the 4th turning, hard money
1:00:54 Where does Peter get the fun shirts?
