Peter St Onge is an economist and former MBA professor holding positions at the Heritage Foundation, the Mises Institute, and the Montreal Economic Institute. In this conversation, we discuss what the Strait of Hormuz blockade means for different countries, the parallels between today and the 1930s, why AI will raise wages rather than destroy jobs, how central banks function as a permanent bailout mechanism for reckless banking, how to protect yourself during this chaos, and why free speech determines whether the West survives what is coming.→ Please like, comment, share & follow — to help me beat the suppressing algo's. Thank you!– SPONSORS –→ Join me at Camp Nakamoto, a family-friendly Bitcoin retreat on a private island, June 18–21. Code EFRAT gives you 15% off: https://campnakamoto.com → Access liquidity without selling your Bitcoin with Ledn — learn more at https://ledn.io/Efrat    → Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you’ll have to watch it): https://affil.trezor.io/SHUn→ Have you tried mining bitcoin? Stack sats directly to your wallet while saving on taxes with Abundant Mines: https://AbundantMines.com/Efrat - Claim your free month of hosting via this link– AFFILIATES –→ Join me in these upcoming events & use code EFRAT for discounted tickets: https://www.efrat.blog/p/upcoming-events→ Get 10% off on Augmented NAC to detox Spike protein, with the code YCXKQDK2 via this link: https://store.augmentednac.com/?via=efrat (Note, this is not medical advice, please consult your MD)→ Join me at Europe’s largest bitcoin conference - BTC Prague, June 11-13, 2026. Code EFRAT for 10% off: http://btcprg.me/EFRAT→ Be good to your eyes & health, and get the Daylight tablet - a healthier, more human-friendly computer, zero blue light & flicker. Use code EFRAT for $25 off: https://bit.ly/Efrat_daylight → Get a second citizenship and a plan B to relocate to another country with Expat Money, leave your details for a follow up: https://expatmoney.com/efrat→ Watch “New Totalitarian Order” conference with Prof. Mattias Desmet & Efrat - code EFRAT for 10% off: https://efenigson.gumroad.com/l/desmet_efrat– LINKS –Peter on X: https://x.com/profstonge Peter on Substack: https://www.profstonge.com/ Efrat’s X: https://twitter.com/efenigsonEfrat’s Channels: https://linktr.ee/efenigsonWatch on all platforms: https://linktr.ee/yourethevoiceSupport Efrat’s work: ⁠https://bit.ly/zap_efrat– CHAPTERS – 00:00 - Coming Up...01:22 - Introduction: Peter St Onge04:49 - Strait of Hormuz: What the Middle East War Means for You18:17 - Ad-Break: Camp Nakamoto, Ledn & Trezor21:11 - Historical Parallels: The 1930s, Resource Wars and the WWII Rhyme23:40 - Peter's Take on Trump: Economics, Wars & Free Speech27:55 - Why AI Will Raise Wages & Improve Economy39:04 - Ad-Break: Abundant Mines & New Totalitarian Order41:26 - The WEF's UBI Trap & Why AI Doom Is Propaganda47:11 - How Should You Protect Yourself Now00:52:12 - Community Q&A: Bitcoin, Bank Bail-ins, Stablecoins01:01:30 - Shirts, Content Creation and Just Showing Up01:07:18 - Technocracy, Surveillance & the Free Speech Battle01:18:02 - What Gives Peter Hope01:22:52 - Where to Follow Peter St Onge