The Peter McCormack Show

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#148 - Jeff Booth - Debt v AI: The Trillion Dollar Collision Feb 17, 2026

Show notes

In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can't allow it.

We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable.

We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politics becomes a fight over who controls broken money and why AI will intensify centralisation, surveillance, and social conflict unless the monetary layer changes.

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TIMESTAMPS: 00:00:00 – Elon's "No Money" 00:02:21 – Deflation is Natural 00:05:50 – Paper-fold Acceleration 00:08:05 – Debt vs Abundance 00:10:17 – Inflation = Extraction 00:15:34 – Politics Polarises 00:21:28 – One Question Only 00:28:01 – Bukele's Example 00:33:33 – Bitcoin as Protocol 00:41:02 – AI + Money Clash

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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 JEFF BOOTH › X/Twitter – https://x.com/JeffBooth › Website – https://jeffreybooth.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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PMQs #010 - AI Is Coming For Everything Feb 13, 2026

Show notes

In this PMQs episode, we discuss the claim that most white-collar work could be automated within 12-18 months, and what that actually means.

We talk through jobs, incentives, education, and AI safety - why companies can't slow down even if they want to, why schools may be preparing kids for a world that's disappearing, and why safety teams are warning about systems they're still accelerating.

If AI can do the productive work, what happens to status, money, and meaning? And if models are already showing deceptive behaviour in testing, who decides what "broadly safe" really means?

CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - me@petermccormack.com › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/

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TIMESTAMPS: 00:00:00 – Human-Level Timeline 00:03:16 – Internet Comparison 00:08:28 – Professional AGI Claim 00:11:26 – Incentives Trap 00:16:31 – Corporate Regret 00:20:42 – 17% Of Workforce 00:29:12 – The Horse Question 00:35:15 – Safety Resignation 00:39:43 – AI Moral Status 00:43:33 – Money Without Work

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LISTEN / SUBSCRIBE TO THE PODCAST › 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

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#147 - Andrea Miotti - The War Against AI Has Begun Feb 10, 2026

Show notes

What happens if we build something smarter than ourselves - and can't turn it off?

In this interview, I chat with Andrea Miotti about the global race toward superintelligent AI: systems designed to outperform humans across every task, operate autonomously, and integrate directly into the economy.

We discuss how today's AI tools quietly cross from assistance into replacement, why "kill switches" don't work, and how a handful of companies are pushing toward a point of no return.

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TIMESTAMPS: 00:00:00 - AI Extinction is Now? 00:01:22 - Alien Analogy 00:02:24 - Building Superintelligence 00:06:43 - Tools Becoming Agents 00:15:22 - Autonomous Systems Act 00:23:31 - Who Can Build This 00:29:07 - Why Containment Fails 00:38:51 - An Inhuman Economy 00:55:59 - No Kill Switch 01:07:05 - How Many Companies 01:27:35 - Do Humans Survive?

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CONNECT WITH ANDREA MIOTTI › X/Twitter – https://x.com/andreamiotti › X/Twitter – https://x.com/ControlAI › Website – https://campaign.controlai.com/

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Incogni - https://incogni.com/peter

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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#146 - Izabella Kaminska - The Soviet Collapse of Britain Feb 06, 2026

Show notes

Is Britain in the midst of a Soviet style collapse?

In this episode, I speak to journalist Isabella Kaminski about why today's Britain is starting to resemble the final years of the Soviet system. She describes what collapse feels like before it's obvious: fake economics, hollowed-out institutions, collapsing trust, and a population slowly realising that the systems meant to protect them no longer function.

We also discuss how inflation, debt, housing policy, bureaucratic expansion, and political incentives work, and why many voters now feel elections don't change direction, only the speed at which things deteriorate.

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TIMESTAMPS: 00:00:00 – Collapse Parallels 00:05:09 – Poland's Divergence 00:13:08 – Parallel Realities 00:20:07 – Middle Class Liquidation 00:25:00 – Fake Economies 00:32:11 – Safetyism Trap 00:39:14 – Power Above Politics 00:53:03 – Inflation Life Squeeze 01:12:34 – Industrial Realignment 01:32:51 – Signs of Collapse

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CONNECT WITH IZABELLA KAMINSKA › X/Twitter – https://x.com/izakaminska

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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#145 - Montgomery Toms - The British Charlie Kirk Feb 05, 2026

Show notes

Is the British State actively at war with the next generation?

In this episode I talk to Montgomery Toms, a 20-year-old rising conservative voice, who argues that the social contract with the youth has been broken. Monty explains the "institutional rot" within our education system, detailing how he was "strong-armed" out of university for refusing to wear a mandatory pronoun badge on his first day.

We discuss deep on the "psychological warfare" of lockdowns , the indoctrination of "victim culture" in schools , and the reality of two-tier policing that targets political dissidents.

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TIMESTAMPS: 00:00:00 – The Attack 00:03:22 – Lockdowns and "Radicalization" 00:05:00 – Building a Youth Platform 00:06:55 – Debt Steals the Future 00:14:35 – Online Bans and Digital ID 00:25:28 – Inflation and the Wealth Gap 00:42:31 – The State Incentives Problem 00:44:36 – The Campus Incident 00:54:10 – "You Caused This" Policing Logic 01:10:00 – University Rules and Coercion

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CONNECT WITH MONTGOMERY TOMS › X/Twitter – https://x.com/MontgomeryToms › Website – https://www.montgomerytoms.com/ › Go Fund Me – https://gofund.me/c348faad4

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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#144 - Rupert Lowe - Is the Government Organised Crime? Feb 05, 2026

Show notes

Is the British Government incompetent, or is it a criminal enterprise?

I am joined by sitting MP Rupert Lowe as he asks the ultimate question: "Is the state in the hands of organized crime?" From the billions missing in procurement contracts to the "sticky fingers" of the political class, Rupert argues that the British state has become the active enemy of its own people, and that the UK is sleepwalking into an Enron-style bankruptcy.

We also discuss the "institutional rot" destroying the nation, including the cover-up of the grooming gangs, the "Weimar" economics of money printing, and the deliberate destruction of the middle class. Rupert opens up about his split from Reform UK, the betrayal of the electorate by the "Uniparty," and why we only have until 2029 to save the country from total collapse.

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TIMESTAMPS: 00:00:00 – State Vs Electorate 00:01:11 – Incompetence Or Intent 00:03:45 – Brexit Overridden 00:08:19 – Unit Party Exposed 00:12:06 – Chaos Before Change 00:20:06 – Contracts And Corruption 00:31:06 – Money Printing Decay 00:43:43 – Middle Class Squeeze 01:02:19 – Reform Has Failed 01:10:35 – What Happens Next

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CONNECT WITH RUPERT LOWE › X/Twitter – https://x.com/RupertLowe10

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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#143 – Emmanuel Maggiori – The Economics of State Failure Feb 05, 2026

Show notes

Emmanuel Maggiori joins me to explain how inflation, incentives, and broken monetary rules quietly reshape behaviour inside an economy.

From Argentina's black markets and capital controls to money printing, MMT, saving vs spending, and institutional credibility, we explore why inflation destroys trust long before it destroys prices — and why countries don't collapse overnight, but drift into dysfunction as rational people adapt.

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TIMESTAMPS: 00:00 – Introduction 02:34 – Argentina As Warning 05:00 – Anti-Business Drift 23:49 – Black Markets Emerge 44:40 – Credibility Ends Inflation 57:36 – Corruption Normalised 1:17:14 – MMT Political Reality 1:48:21 – Why Saving Dies 2:00:40 – Discipline Over Time 2:54:44 – Pain Enables Reform

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CONNECT WITH EMMANUEL MAGGIORI › Website – https://emaggiori.com/ › LinkedIn – https://uk.linkedin.com/in/emaggiori

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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#142 – Andrew Gold – The Incentives Driving Radicalisation on Both Sides Feb 05, 2026

Show notes

Andrew Gold joins me to discuss how incentives are driving extremism, distrust, and cultural breakdown in the UK.

From YouTube algorithms and purity spirals to immigration, economics, feminism, AI, and debt, we explore why honest debate is collapsing and why every political movement now frames itself as an existential last stand.

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TIMESTAMPS: 00:00:00 – Introduction 00:05:29 – Purity Spirals Explained 00:10:18 – the Overton Window Effect 00:17:21 – When Ideas Become Unworkable 00:25:23 – Leaving Britain for Perspective 00:35:10 – Diagnosing the Uk 00:44:42 – Culture vs Economics 00:54:56 – Existential Politics 01:05:58 – Inflation & Asset Capture 01:43:29 – Red Lines and Leaving

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CONNECT WITH ANDREW GOLD › Twitter – https://x.com/AndrewGold_ok › YouTube – https://www.youtube.com/@andrewgoldheretics

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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Hosted on Acast. See acast.com/privacy for more information.

#141 – Khaled Hassan – The Silent Coup: How The Muslim Brotherhood Captured The UK Feb 05, 2026

Show notes

Peter sits down with Khaled Hassan to discuss immigration, extremism, and why Britain's institutions have become incapable of enforcing boundaries or even discuss them honestly.

From counter-terrorism failures to media self-censorship, we examine how fear of controversy has replaced decision-making and why suppressing uncomfortable conversations doesn't reduce risk, but pushes it into darker, more dangerous directions.

This is a conversation about red lines, state authority, and what happens when a country refuses to define either.

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TIMESTAMPS: 00:00:00 – Versions Of Islam 00:03:19 – Policy Decisions Matter 00:06:01 – Media Silence 00:09:24 – Radicalisation Feedback 00:22:35 – Demographic Debate 00:37:38 – Policing Speech 00:46:40 – Authority Breakdown 00:56:16 – Extremism Threat 01:23:37 – Britain Is Declining 01:30:30 – Where's The Money

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CONNECT WITH KHALED HASSAN › Twitter – https://x.com/Khaledhzakariah

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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Hosted on Acast. See acast.com/privacy for more information.

#140 – Ben Habib – The British Right Has a Leadership Problem Feb 05, 2026

Show notes

In this episode, I'm joined by Ben Habib for a conversation about Reform, Nigel Farage and where British politics is heading.

Ben argues that Reform is far more fragile than most people realise. That it lacks a clear political philosophy, is driven by personality rather than principle, and could fail badly if it ever reaches power. His fear isn't just that Reform collapses, it's that its failure would discredit the wider pro-British cause for a generation.

We discuss Farage's leadership, ambition, and record, the danger of movements built around individuals rather than ideas, and why simply breaking the two-party system isn't enough if what replaces it isn't serious, coherent, and capable of governing.

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TIMESTAMPS: 00:00:00 – Reform's Fragility 00:01:02 – No Credible Leaders 00:02:18 – Need New Force 00:05:58 – Reform Becomes Establishment 00:10:00 – Voters Sense Decay 00:11:28 – Farage as Campaigner 00:15:13 – Why Parliament Fails 00:20:00 – Selecting Weak Leaders 00:24:06 – Culture Labeled Extremism 00:32:03 – Economy Can't Recover 00:39:32 – Why Reform Would Fail

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CONNECT WITH BEN HABIB › Website – https://linktr.ee/advanceuk › Twitter – https://x.com/benhabib6

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/

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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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