{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"#224 - Frank Wright - The Debt Trap: Inflation, Falling Living Standards & Our Children’s Future","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/69d4f193b76468caacc5068f/1793124177384-c36a8439-aed6-4d5a-ae7e-b77bc9ce8d25.jpeg?height=200","description":"

Why does working harder no longer feel like getting ahead? Frank Wright returns to discuss Britain’s debt-driven economy, inflation and the squeeze on living standards. We explore his argument that financial power has become detached from productive wealth, while households face rising costs and the next generation inherits the bill.


We discuss central banking, the offshoring of industry, housing costs and student debt, before turning to what rebuilding Britain would involve: cheaper energy, domestic production, skilled work and a long-term national strategy.


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TIMESTAMPS:

00:00:00 - Everything That Destroys You Is A Business Model

00:01:14 - Migration As An Industry

00:11:21 - Debt Servitude

00:13:35 - The Creation Of The Federal Reserve

00:19:19 - Just A Podcaster And A Banjo Player

00:25:00 - A Curated, Locked Discourse

00:28:53 - Replacing Real Wealth With Debt

00:35:54 - What Happened To Castle Road

00:38:56 - The Post His Son Showed Him

00:42:23 - A Society That Lives On Debt

00:45:01 - Can We Vote Our Way Out?

00:51:07 - A Declaration Of Independence Moment?

00:54:18 - Where Is The Money Actually Going?

00:57:03 - Work Is Joyless

01:07:20 - The Coming Financial Crisis

01:09:35 - There Is No First Class Anymore

01:19:14 - The Family Is The Engine

01:39:17 - I Can't Promise My Children What I Had

01:48:39 - The Restaurant Test

01:52:55 - Could You Be Wrong?


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CONTACT PETE

› Website – http://petermccormack.com

› Feedback – https://www.petermccormack.com/contact

› Email – me@petermccormack.com

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› X/Twitter – https://x.com/petermccormack/


CONNECT WITH FRANK WRIGHT

› X/Twitter – https://x.com/frankwrighter


SPONSORS

› Venice AI – https://venice.ai/lp/mccormack/oct27


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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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","author_name":"Peter McCormack"}