An apparently needed debunking of well-disproven theories that assert that money supply growth generates inflation.
Recent Items
Thursday, September 17, 2026
Money Creation Does Not Cause Inflation
Topics: Credit markets, Dubious statistics, Economic fundamentals, Guest Post, Macroeconomic policy, Politics, The dismal science
Posted by Yves Smith at 9:55 am | No Comments »
Links 9/17/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 50 Comments »
Iran War: Saudi Transits Out of Strait of Hormuz Up Markedly But Diesel Crunch Acute as US Weighs Export Ban
Today’s Iran war news: More oil is exiting the Gulf than before, but diesel and food supplies are in a global crunch.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:54 am | 30 Comments »
Professor Michael Hudson interview with Lena Petrova on BRICS and the Global Economy
Michael Hudson discusses BRICS, the posture of India, the energy crisis and the evolution to a new monetary order.
Topics: Banking industry, China, Credit markets, Currencies, Energy markets, Free markets and their discontents, Globalization, Guest Post, India, Middle East, Payment system, Politics, Russia
Posted by Yves Smith at 4:54 am | 5 Comments »
How the American Revolt Against Flock Cameras Mirrors the Boston Tea Party of 1773
Flock camera interventions illustrate that one man’s terrorist is another man’s freedom fighter.
Topics: Guest Post, Politics, Surveillance state
Posted by Yves Smith at 4:00 am | No Comments »
Coffee Break: Pardon Me, Trump, No Pardon Me, and Me, and Me and Me, Too!
POTUS Trump has turned his 2.0 regime into a pay-to-play pardon machine and seems willing to pardon virtually anyone, no matter how heinous the crime, how notorious the reputation.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 11 Comments »
Review: A Vision of a Future Where Machines Fight Wars
Former Defense official Frank Kendall envisions wars where vehicles and weapons operate largely on their own.
Topics: Doomsday scenarios, Guest Post, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 9/16/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 49 Comments »
Iran War: Europe Oil and US Diesel Crunch Worsens; Tucker Exposes Massive Trump/Israel Bombing Campaign Right After Midterms; Experts Question Survival of Regimes in Saudi Arabia, Jordan
Today’s Iran war news: Things look more and more desperate for key actors: Trump, the Saudis, Jordan, and hapless energy consumers.
Topics: Doomsday scenarios, Energy markets, Environment, Media watch, Middle East, Politics
Posted by Yves Smith at 6:52 am | 173 Comments »
Is It Time to Give Up on the Voters?
Liberals refuse to see what’s right in front of them as Germany is the latest example of what happens when centrists confuse managing markets for democracy.
Topics: Europe, Politics, Privatization, Russia, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 53 Comments »
10 Ways Climate-Change-Altered Hurricanes May Come To Bite Us
What happens if sea level rise, hurricane wind strength, or other factors turn out worse than expected?
Topics: Global warming, Guest Post, Risk and risk management, Science and the scientific method
Posted by Yves Smith at 1:19 am | 1 Comment »
Coffee Break: Armed Madhouse – Ocean Presence: A New Model of Naval Power
Naval power has long been built around scarce, expensive warships that concentrate sensing, weapons, communications, and crews in a few sophisticated platforms. Autonomy and global networking now make another architecture possible: a persistent naval mesh that distributes those functions among large numbers of specialized unmanned systems.
Topics: Guest Post
Posted by Haig Hovaness at 2:00 pm | 13 Comments »
How South Korea Is Tackling Its Super‑Aging Problem – And What Other Aging Nations Can Learn From Its Experience
Aging societies should be seen as desirable by lowering resource demands. Some countries like South Korea seek to manage the economic shift.
Topics: Economic fundamentals, Guest Post, Politics, Social policy, Social values
Posted by Yves Smith at 10:23 am | 11 Comments »
Links 9/15/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 71 Comments »
Iran War: Ansar Allah Strikes Yanbu Port as Rising Energy Prices Help Push 10 Year Treasury Yields Over 5%
Today’s Iran war news: Ansar Allah makes biggest Saudi attack so far, hitting the Yanbu port and a key refinery as 10 year Treasury yields top 5%
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 115 Comments »



