Live from Madrid 2 (Sept 29, 2026) | Yaron Brook Show

Live from Madrid 2 (Sept 29, 2026) | Yaron Brook Show(Season 12, Episode 156)Watch now: https://youtube.com/live/Anji2QvT0QU"Iran's currency just hit 2.5 million rials to the dollar — so why is Trump still afraid to win this war?"Iran is losing. Its currency just crashed to a record 2.5 million rials per dollar, inflation is spiraling, and its regime is so desperate it's now threatening to bomb the Saudis and the UAE — because it's too scared to touch Israel. So why is the Trump administration still refusing to finish the job?Live from Madrid, Yaron Brook tears into the week's biggest contradictions: Trump's threatened diesel export ban and his midnight tariff war on Canadian whiskey — both textbook cases of a president making policy by whim instead of principle. Then Yaron pulls the actual CBO data to demolish the "hollowed-out middle class" myth once and for all — real incomes are up across every income group since 1979, and the rich are shouldering more of the tax burden than ever. He rips apart Anthropic's jaw-dropping $2 trillion IPO filing that openly admits its own product "may pose existential risk to humanity" — and asks who invests in that. And he closes with the 46th anniversary of the Simon-Ehrlich bet, the wager that permanently settled whether the world is running out of anything.Plus: Spain's eviction ban chaos, the Senate capping what college athletes can earn, and why so many young Americans have started blaming the opposite sex for their problems.🔴 Watch live weekdays. Subscribe and hit the bell so you don't miss the next one.Main Topics:0:00 – Intro from Madrid, 46 years of the Simon-Ehrlich bet teased2:14 – Iran threatens regional infrastructure if its demands aren't met5:15 – Iran's rial collapses to 2.5 million to the dollar7:32 – Is the Strait of Hormuz really open? The tanker-tracking numbers10:32 – Why there's no point going to war unless you're committed to winning it~14:00 – Trump's diesel export ban: another price-control disaster in the making~19:00 – Midnight tariffs on Canadian whiskey, dairy, and motorcycles — pure whim~26:00 – Consumer confidence is falling even though Americans are getting richer~31:00 – The CBO data that kills the "hollowed-out middle class" myth~37:00 – The rich are paying more taxes than ever — the opposite of the narrative~42:00 – Anthropic's $2 trillion S-1 admits its product could be an existential risk~50:00 – Spain's eviction ban and the Senate's college athlete pay cap~55:00 – Young Americans blaming the opposite sex~58:00 – The Simon-Ehrlich bet, 46 years later: scarcity vs. human ingenuityLive Audience Q&A:~1:02:00 – "If tariffs are just a tax, why does Trump keep calling them leverage?"~1:06:00 – "Is regime change in Iran actually still possible at this point?"~1:10:00 – "If the middle class isn't hollowed out, why does everyone feel poorer?"~1:14:00 – "Should an AI company be allowed to IPO while admitting it might end humanity?"~1:18:00 – "Is rent control ever justified in a housing crisis?"~1:22:00 – "Why do young men and women suddenly hate each other online?"#IranWar #TradeWar #AIRisk #economicfreedom #InterestRates #IranNuclear #AIRegulation #TrumpNews #FreeMarkets #Capitalism #Objectivism #AynRand #Anarchism #EconomicsExplainedLike this episode?Subscribe, share it with friends, and become a Patreon supporter to access monthly AMAs, exclusive content, and commercial-free audio.The Yaron Brook Show is Sponsored by[The Ayn Rand Institute](https://www.aynrand.org/starthere)[Energy Talking Points, featuring AlexAI, by Alex Epstein](https://alexepstein.substack.com/)[Express VPN](https://www.expressvpn.com/yaron)[Hendershott Wealth Management](https://www.youtube.com/watch?v=X4lfC...) &(https://hendershottwealth.com/ybs/)[Michael Williams & The Defenders of Capitalism Project](https://www.DefendersOfCapitalism.com)[Support the Show]( / yaronbrookshow )[Sponsor the Show](askyaron@yaronbrookshow.com/)[One-time donation](https://bit.ly/2RZOyJJ)Join the [Yaron Brook Show YouTube channel]( / @yaronbrook )Like what you hear? Like, share, and subscribe to stay updated on new videos and help promote the [Yaron Brook Show](https://bit.ly/3ztPxTx)Continue the discussion by following Yaron on [Twitter](https://bit.ly/3iMGl6z) and [Facebook](https://bit.ly/3vvWDDC )Want to learn more about Ayn Rand and Objectivism? 🎓 Learn more about [Ayn Rand University](https://bit.ly/35qoEC3)Become a supporter of this podcast: https://www.spreaker.com/podca