#186 - Rupert Russell - The Global Game of Money & Power

#186 - Rupert Russell - The Global Game of Money & Power

Rupert Russell joins me to discuss the hidden power of prices, the chaos of financial markets and whether the economy is really just a global game of Monopoly.


Rupert explains how price shocks have shaped history, from bread riots and the Arab Spring to housing, oil, food and the financial crisis. We discuss derivatives, futures markets, commodity speculation, Goldman Sachs, central banks, inflation, asset managers and why the price of essential goods can become politically explosive.


We also get into AI, scarcity, status, the future of work, whether the price system breaks in a world of abundance, and why Rupert thinks The Matrix is a better model for our future than Terminator or Ready Player One.


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TIMESTAMPS:

00:00:00 - Is the Economy Just a Game?

00:00:56 - The Horror of Our Economic System

00:01:39 - Why Prices Shape History

00:05:15 - The Sandpile Theory of Society

00:07:38 - How Governments Manipulate Prices

00:12:00 - Housing and the Broken Social Contract

00:16:10 - How Derivatives Began

00:19:36 - Futures, Farmers and Speculators

00:23:24 - When Insurance Became Gambling

00:27:02 - The Road to the Financial Crisis

00:32:18 - Hayek, Friedman and Price Signals

00:36:20 - How Food Became Financialised

00:41:23 - What Pushes Food Prices Up?

00:49:13 - Did Global Markets Break Economics?

00:54:08 - What Is the Real Price?

01:03:57 - Who Really Runs the Economy?

01:11:28 - The Global Game of Monopoly

01:19:24 - Is the Market Now Correlated to AI?

01:36:14 - AI and the End of Scarcity

01:50:06 - Terminator, Matrix or Ready Player One?


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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 RUPERT RUSSELL

› Website – https://www.rupertrussell.com/

› Price Wars – https://www.hachette.co.uk/titles/rupert-russell/price-wars/9781474613996/

› The Last Sacrifice – https://www.anti-worldsreleasing.co.uk/pages/last-sacrifice


SPONSORS

› IREN - https://www.iren.com/

› Ledn - https://ledn.io/peter

› OneSkin - https://www.oneskin.co/mccormack


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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


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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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Jaksot(1078)

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