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Podcast: The Peter McCormack Show
Episode: #161 - Lyn Alden - Why Everything Feels Harder - Debt, Inflation & The System
Description: Why does everything feel more expensive even when the economy is supposedly "growing"? The truth is, the financial system isn't broken - it's functioning exactly as it was designed to In this episode, macroeconomist and author Lyn Alden joins the show to discuss the mechanical reality of the fiat ledger and the global debt trap. We explore how the system forces a silent extraction of wealth from the working class to subsidise sovereign debt, why we are re-entering a 1940s-style era of financial repression, and how corporations (like Coca-Cola) use debt to actively "short" the c...