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Scott Horton Show - Just the Interviews

2/15/24 Peter St Onge on How the Fed is Making You Poorer

Scott Horton Show - Just the Interviews

Scott Horton

News, Politics

4.8902 Ratings

🗓️ 20 February 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

Scott is joined by Peter St Onge to talk about how the government uses the Federal Reserve to enrich the politically connected at the expense of everyday people. St Onge explains how we arrived at this crazy economic moment and draws comparisons to the stagflation of the 1970s. He and Scott also talk about the destructiveness of recessions, debunk common myths about inflation and discuss what’s happening in China. Discussed on the show: St Onge’s Youtube Channel The Case Against the Fed by Murray Rothbard Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider Peter St Onge is an economist at the Heritage Foundation and a fellow with the Mises Institute. He makes daily videos breaking down economic news. Follow him on Twitter @profstonge This episode of the Scott Horton Show is sponsored by: Moon Does Artisan Coffee; Roberts and Robers Brokerage Incorporated; Tom Woods’ Liberty Classroom; Libertas Bella; ExpandDesigns.com/Scott. Get Scott’s interviews before anyone else! Subscribe to the Substack. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjY Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

All right, y'all welcome to the Scott Horton's show.

0:02.0

I'm the director of the Libertarian Institute.

0:09.0

I'm the director of the Libertarian Institute,

0:14.8

editorial director of anti-war.com.

0:17.6

Author of the book, Pools Arren,

0:19.6

time to end the war in Afghanistan,

0:21.6

and the brand new enough already. Time to end the war in Afghanistan and the brand new enough already time to end the war on

0:24.8

terrorism and I've recorded more than 5,500 interviews since 2003 almost all on

0:31.3

foreign policy and all available for you at

0:34.3

Scott Horton.org you can sign up the podcast feed there and the full

0:38.6

interview archive is also available at YouTube. YouTube. And he's an economist, an Austrian economist, which what other kind is there.

0:55.0

And he does these neat little YouTube videos and you can find him on Twitter and that kind of thing too.

1:01.0

On YouTube his address is at Prof Saint

1:09.4

Ang that's STO N G EE and I think you'll like a lot of what he has to say.

1:16.0

Welcome to the show, how you doing?

1:18.0

Hey, thanks for having me on, Scott.

1:21.0

Happy to have here.

1:22.0

Before I ask a bunch of questions about things, That's right now. happy to have here.

1:22.9

Before I ask a bunch of questions about things,

1:25.6

I wanted to ask you a little bit about you,

1:27.4

because you seem like you're very much Lutovic von Meese's

1:32.4

type of an economist and you seem to know a hell of a lot and

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