#017 - Peter St Onge - Liberty, Central Banks, Sound Money & Free Speech
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 30 October 2024
⏱️ 117 minutes
🧾️ Download transcript
Summary
Peter St Onge is an Economist at the Heritage Foundation and a Fellow at the Mises Institute.
In this episode, we discuss the challenges posed by government overreach, and the intricacies of the bureaucracy-politician dynamic. We get into how historical developments have influenced current political structures and the role of debt and its impact on economic growth. Peter also shares his thoughts on the possibility of reforming the current system, from central banking to taxation, and the path to a more efficient government.
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Transcript
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| 0:00.0 | The problem is, if you make the bureaucracy independent of politicians, who is it serving? |
| 0:05.2 | If the bureaucracy doesn't have to listen to the politicians, well, then it doesn't have to listen to the people. |
| 0:10.7 | So who exactly is running it, right? Who is it serving? |
| 0:14.3 | And the answer empirically is that it becomes a self-serving, occupying army. |
| 0:18.1 | It has its own goals. |
| 0:20.4 | And empirically, sort of the logical interest group for that independent bureaucracy to |
| 0:25.6 | ally with is socialists. |
| 0:27.6 | Because the bureaucracy and socialists do have the same goal, which is that they want more government control. |
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... |
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