Banking professor Richard Werner ran the test on a real bank to settle where money comes from. Almost nobody watches him show the result

“Richard Werner, Chair in International Banking at Southampton, Zurich, February 2018. The textbook says banks take deposits and lend them on. The accounting says something else. Watch the section where he lays out the 3 competing theories side by side, then shows which one the ledger supports. A lectern, a conference badge, a dark screen behind him. Central banks published the same answer. The textbooks never changed.”

Click the link for the 14-minute video: (1) Mirren on X: “A banking professor ran the test on a real bank to settle where money comes from. Almost nobody watches him show the result. Richard Werner, Chair in International Banking at Southampton, Zurich, February 2018. The textbook says banks take deposits and lend them on. The https://t.co/M5gptzTYDK” / X

Global broad money supply surged +$10.7 trillion YoY in June, or +7.7%, to a record $150 trillion

(1) The Kobeissi Letter on X: “BREAKING: Global broad money supply surged +$10.7 trillion YoY in June, or +7.7%, to a record $150 trillion. This marks the 9th consecutive YoY increase above +7.0%, the longest such streak since 2021. The biggest increase over this period was recorded in February 2026, at https://t.co/uP3f65k2hi” / X

Is MIT’s vaccine safety study too risky for peer review?

Via Maryanne Demasi, Ph.D.: “MIT researchers found a potential safety signal in V-SAFE. A leading vaccine journal rejected the study without peer review—despite having published reassuring findings from the same CDC database. MIT professor Retsef Levi has publicly accused scientific journals of censoring research into vaccine injuries, after his latest Covid vaccine safety study was rejected by both a leading medical journal and a preprint server.”

“We must counter the immense censorship by scientific journals on any discussion of vaccine injuries!” Levi posted on X.

https://open.substack.com/pub/maryannedemasi/p/exclusive-is-mits-vaccine-safety?r=o1vob&utm_campaign=post-expanded-share&utm_medium=web

Bond Yields Just Won’t Stop

Via the Kobeissi Letter: “You know it’s bad when bond market is quite literally ignoring the US Treasury. 24 hours later and the 10Y Note Yield is now pushing into 4.80%, its highest since January 2025. That’s another +20 basis points since the low seen after the US Treasury’s intervention announcement 13 days ago. In a sudden turn of events, 7% mortgages are back, the 10Y Note Yield is nearing 5%, and markets are expecting a September rate hike. This marks a +85 basis point run in the 10Y Note Yield since the Iran War began. Once again, the US simply cannot afford the 10Y Note Yield at 5% for a sustained period of time. We expect further attempts at intervention immediately. But, the question becomes: will markets listen?

(1) The Kobeissi Letter on X: “Yields just won’t stop. You know it’s bad when bond market is quite literally ignoring the US Treasury. 24 hours later and the 10Y Note Yield is now pushing into 4.80%, its highest since January 2025. That’s another +20 basis points since the low seen after the US Treasury’s https://t.co/XUOD5PQQC6” / X

The Real Villains Are Being Exposed

Children’s Health Defense: “The people and institutions who lied about vaccine safety, who censored doctors, and who coerced millions into unsafe mandates are finally facing accountability. Your support fuels the fight for continued accountability, medical freedom, and a future where no child is forced into an unsafe, untested vaccine mandate again. Please donate today. Thank you!”

The Real Villains Are Being Exposed • Children’s Health Defense

ACIP has been frozen for over 5 months – so who makes the decisions now?

Maryanne Demasi, Ph.D.: “FDA is still approving new vaccines while ACIP remains paralysed. The question is what happens next.”

https://open.substack.com/pub/maryannedemasi/p/acip-has-been-frozen-for-over-5-months?r=o1vob&utm_campaign=post-expanded-share&utm_medium=web

Neuroscientist Dr. Kevin McCairn just dropped lab-confirmed evidence of a global amyloidogenic disaster.

“In this clip he holds the samples himself. Unusual white fibrous clots pulled from cadavers worldwide are not normal postmortem clots. They are highly misfolded, amyloidogenic fibrin — proteinaceous tissue that the body cannot dissolve. He calls it a mass casualty event tied to spike protein pathology from SARS-CoV-2 and the injections that force the body to produce the same peptide. Systemic amyloid-type disorders rank among the most serious conditions you can develop. The misfolded material gums up organs until they shut down. These structures are prion-like, seeding, and still show strong signals months after being removed from the body. He reports these findings in the majority of blood samples sent to him. The shots were given to billions. The clots are already visible in the living and the dead. All platforms that deliver spike protein into circulation need to be stopped immediately. Investigation and accountability are not optional. Watch the clip. The evidence is in the vial.

(1) Dr. Dawn Michael on X: “🚨 Neuroscientist Dr. Kevin McCairn just dropped lab-confirmed evidence of a global amyloidogenic disaster. In this clip he holds the samples himself. Unusual white fibrous clots pulled from cadavers worldwide are not normal postmortem clots. They are highly misfolded, https://t.co/Xyq2pNvsOO” / X

Battleground Lancaster: The Measles Op Has Been Blown Up, Yet Is Still Flying: Who Are The “Reporters” Who Kicked It Off? Aubrey Whelan And Gillian McGoldrick Of Philadelphia Inquirer

Via Celia Farber: “Who Was Next? Discern The Pattern: War On The Amish, War On Exemptions. War On Christianity, Home Schooling, AND Home Births”

https://celiafarber.substack.com/p/battleground-lancaster-the-measles?utm_campaign=post-expanded-share&utm_medium=web

The Bond Market Is the Most Important Financial Story

Dylan Ratigan: “Last week, with total US government debt north of $40 trillion, the Treasury attempted to manipulate long-term interest rates using two different techniques. It announced it would at least double its purchases of long-term government bonds, and it moved to buy back far more of its own debt than planned. The goal was to push down borrowing costs after the 30-year Treasury yield hit its highest level since 2007 — a nineteen-year high. The market moved for about a day. Then yields climbed right back to where they started. Then, on Friday, standing on the tarmac before boarding Air Force One, the President was asked whether he’d directed the Treasury Secretary to intervene, and whether another type of intervention was coming. He said this: “The ultimate intervention is our military. And if we have to use that, we will.” I want to sit with that for a second, because the reflex is to treat it as a gaffe and move on, and I think that’s a mistake. Screaming in a Bloomberg newsroom over a bond story and a president invoking the military in response to a bond question are, structurally, the same signal. Both are people responding to the fact that this market matters more than almost anything else in the world. The bond market gets almost no coverage. Ninety-nine percent of Americans could not tell you what happened in it this week and have no reason to care. But, It sets the price of everything on earth.

Please take time to read the full missive: (1) Dylan Ratigan on X: “The Most Important Story” / X