DiscoverThe Peter McCormack Show#133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe
#133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe

#133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe

Update: 2025-12-09
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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
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› YouTube: https://bit.ly/YouTube_PM
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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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#133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe

#133 - Karl-Friedrich Israel - Inflation, Inequality, Socialism & the Future of Europe