Source: Cobden Centre
by Dr. Frank Shostak

“In a market economy, a producer exchanges his product for money. He then exchanges the received money for the products of other producers. Alternatively, we can say that an exchange of something for something takes place by means of money. Things are, however, not quite the same once money is generated out of ‘thin air’ because of the expansionary central bank policies. Once money out of ‘thin air’ is employed, it sets in motion an exchange of nothing for something. This amounts to a diversion of resources from wealth generators to the holders of the newly generated money. In the process, wealth generators are left with fewer resources at their disposal, which in turn weakens their ability to grow the economy.” (02/26/26)

https://www.cobdencentre.org/2026/02/what-causes-stagflation/

Source: Common Dreams
by Klaus Moegling

“The use of key security policy terms in public discourse is intended to suggest facts that serve to calm people down. However, there are many reasons for concern that could also trigger peace forces. Political scientist and historian Herfried Münkler called for a European atomic bomb as early as 2023. There is currently an increasingly heated debate about whether Germany should seek refuge under France’s nuclear protective shield in view of Russia’s aggression in Ukraine. The leader of the Social Democrats in the European Parliament, Katarina Barley, also raised the issue of acquiring nuclear bombs as part of European armament in 2024. The German and French heads of government, Friedrich Merz and Emmanuel Macron, are also paving the way for talks on European nuclear armament and the extension of France’s nuclear umbrella, according to Merz in his speech at the Munich Security Conference in early 2026.” (02/26/26)

https://www.commondreams.org/opinion/no-nuclear-protective-shield

Source: Jacobin
by David Sirota

“With Donald Trump’s tariffs being ruled illegal, the government may be on the hook for up to $170 billion in refunds. Because Amazon helped conceal how much tariffs raised consumer prices, it will be easier for companies to hoard refunds for themselves.” (02/26/26)

https://jacobin.com/2026/02/tariffs-refunds-trump-bezos-amazon/

Source: spiked
by Tom Bailey

“While developed nations are investing in military hardware, they increasingly lack the manpower for any future, high-intensity conflict. They could employ conscription, but these are also ageing societies. They have shrinking youth cohorts – the very demographic historically relied on in high-intensity conflict. At the margins of the war in Ukraine, we can see how the two sides are trying to cope with this reality – through the recruitment of foreign soldiers.” (02/26/26)

https://archive.is/iigzx

Source: Los Angeles Times
by Jon Duffy

“As U.S. and Iranian negotiators prepare for more talks in Geneva, the White House is reportedly considering an initial, targeted military strike — with the possibility of broader action if Tehran refuses to accept demands for ‘zero enrichment’ of nuclear material. In his State of the Union address Tuesday, President Trump argued that last year’s U.S. strikes had ‘obliterated’ Iran’s program even as his administration continues negotiations now, without a clear objective. The strategic logic appears straightforward: strike first, demonstrate resolve, increase pressure and force Iran back to the table on American terms. Before momentum carries the country further down that path, the nation is owed clear answers. Decisions of this kind should not rest solely on tactical calculation; they require clarity about legal authority, strategic reality and risk.” (02/26/26)

https://archive.is/liMHJ

Source: The Bulwark
by Andrew Egger

“While the Pentagon has contracts with all the leading AI labs, Anthropic until this month was the only one contracted for AI use in classified settings: Claude was, for instance, reportedly involved in the operation to capture Nicolas Maduro. But Defense Secretary Pete Hegseth has grown unhappy with two elements of the DoD’s contract with Anthropic. One, Anthropic won’t let its AI be used to conduct mass surveillance of Americans. Two, it won’t let the DoD use it to operate autonomous weapons systems that can identify, track, and kill targets without direct human involvement. To the Defense Department, the idea that a contractor would be able to tie the military’s hands like this is outlandish …. Hegseth could simply drop Anthropic’s contract over this …. But he doesn’t really want to …. So instead, Hegseth has issued Anthropic an ultimatum: Change your policy, or we’re going to start getting nasty.” (02/26/26)

https://www.thebulwark.com/p/ai-death-machines-no-human-oversight-hegseth-anthropic-claude-military