Ep. 13: Prof. Peter St Onge - Hidden Truths About Money & Economy

My guest today is Prof. Peter St Onge: an economist at the Heritage Foundation, a Fellow at the Mises Institute, a former MBA professor, a libertarian and a freedom maximalist.

We spoke about economies that drive wars and vice versa, about governments affinity to crises, we drew parallels between Marketing and Economics and Peter generously shared his view on the upcoming financial collapse, including gold & bitcoin's roles. Peter’s Substack, daily videos and podcast are priceless and I’m a humble student of economics thanks to his great resources - I recommend following him. 

We talked about: 

00:00 - Peter’s background

02:40 - Parallels in Marketing and Economics to influence behavior

07:00 - Economics captured by governments, Covid crisis example

18:45 - Inflation explained - what it is, what it isn't

28:20 - Economy of wars: how crises drive economies? Do governments ‘like’ crises?

37:00 - Gold and Bitcoin as alternatives to Fiat 

49:00 - UBI (universal basic income) and CBDC

55:00 - End of the monetary cycle and upcoming financial collapse

1:02:30 - Peter’s hopeful view of the future

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