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. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -