Thursday, September 17, 2026

Money Creation Does Not Cause Inflation

An apparently needed debunking of well-disproven theories that assert that money supply growth generates inflation.

Links 9/17/2026

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.

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.

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.

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.

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.

Links 9/16/2026

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.

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. 

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?

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.

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.

Links 9/15/2026

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%