Money & Markets Report: April 9, 2026

Justin Woods
April 9, 2026

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Money & Markets

Unfortunately, the American people…

April 9, 2026

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Money & Markets

Unfortunately, the American people…

John and Catherine react to Trump’s Easter remarks about taking Iran’s oil, argue public support for the war is low, and say US operations and regime-change efforts have repeatedly failed, risking the dollar’s reserve status. They discuss an announced ceasefire based on Iran’s long-standing 10-point plan—seen as fragile and not including Israel or Lebanon—while alleging a costly US rescue operation deep in Iran may have masked other objectives. The episode covers a proposed $1.5 trillion defense budget plus a $200 billion Iran war supplemental, rising fuel prices and rationing abroad, and the weakening dollar alongside higher oil, gold, and aerospace/space equities. They link the war to central-banking “house always wins” architecture, highlight domestic DHS purchases of “less-lethal” munitions, ongoing cabinet shakeups tied to Epstein-file fallout, AI-driven impersonation/copyright fraud, prediction-market regulation fights, and warnings about a possible draft and broader economic deterioration.


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45 Comments

  1. Australia is following the Covid script, a good write-up by someone else posted on Facebook:
    Australian Prime Minister Address 1/04/2026
    Three minutes and ten seconds. That’s how long it took for the Prime Minister of Australia to tell you to change your life, reduce your movement, and sacrifice your freedom for “the greater good.” Sound familiar? It should. You’ve heard this speech before. Last time it was a virus. This time it’s fuel. The script hasn’t changed. Only the prop has.
    Let’s go through it line by line because every sentence in this address was engineered.
    “Go about your business and your life as normal. Enjoy your Easter.” That’s Stage 1. Reassurance. The verbal sedative. The same tone they used in February 2020 when they told you COVID was low risk and there was no need to change your behaviour. Two months later they locked you in your house.
    “Don’t take more fuel than you need. Just fill up like you normally would.” That’s the seed of rationing planted as a friendly suggestion. When a Prime Minister tells you how much fuel to buy, you are no longer living in a free market. You are being managed. Today it’s a suggestion. Tomorrow it’s a limit. The week after it’s an app on your phone tracking your purchases. You’ve seen this before. “Just wear the mask.” “Just get the jab.” “Just show your papers.” Always “just.”
    “If you can switch to catching the train or bus or tram to work, do so.” There it is. Stage 3. Voluntary behaviour change. The same stage they used before the lockdowns. “If you can work from home, do so.” Remember that? Remember how “if you can” became “you will”? Remember how “voluntary” became a fine, then an arrest, then rubber bullets on the steps of the Shrine of Remembrance?
    “That builds our reserves and saves fuel for people who have no choice but to drive. Farmers and miners and tradies.” He’s already sorting you into categories. Essential and non-essential. The very same division that destroyed small businesses, crushed livelihoods, and decided that your job, your income, your right to earn a living was less important than someone else’s. Who decides what’s essential? He does. Not you. Never you.
    “If the global situation gets worse and our fuel supplies are seriously disrupted over the long term, we can coordinate the next steps together.” Read that again slowly. “Coordinate the next steps.” That is the language of control dressed in the clothing of cooperation. “Together” is the word every authoritarian government uses right before it acts unilaterally. “We’re all in this together.” You heard that one for two straight years while they fined you for sitting on a park bench and arrested you for not wearing a mask on a beach.
    Now here’s what he didn’t say.
    He didn’t say why Australia, a nation sitting on some of the largest natural energy reserves on the planet, is dependent on imported fuel. He didn’t say why we shut down our domestic refining capacity and made ourselves vulnerable to exactly this situation. He didn’t say why successive governments sold off strategic assets and let our fuel sovereignty disappear. He didn’t say why we have no strategic petroleum reserve worth speaking of when the United States, Japan, and most of Europe maintain reserves measured in months. He didn’t announce a single plan to increase domestic fuel production. Not one.
    Because he doesn’t want to solve the problem. A solved problem doesn’t require emergency powers. A solved problem doesn’t give you the authority to tell 26 million people how to live, how to travel, and how much fuel they’re allowed to buy.
    He cut fuel excise in half for three months. That’s the lolly they give the child before the needle. In three months, when the cut expires and the war is still raging and fuel is still expensive, you’ll already be conditioned. You’ll already be catching the bus. You’ll already be driving less. You’ll already be accepting the new normal. And then the “voluntary” measures will quietly become policy, just like “two weeks to flatten the curve” quietly became two years of your life stolen.
    This is the same government that:
    • Locked millions of Australians in their homes for months
    • Fired rubber bullets at unarmed protesters
    • Arrested a pregnant woman in her pyjamas for a Facebook post
    • Closed state borders and trapped citizens in their own country
    • Forced people to choose between an experimental injection and their livelihood
    • Locked entire housing towers of the poorest people in Melbourne inside with armed guards and no notice
    • Told you church wasn’t essential but bottle shops were
    • Let BLM protests proceed while fining families for visiting their grandparents
    • Signed secret contracts with pharmaceutical companies and refused to release the terms
    • Oversaw a hotel quarantine system so incompetent it spread the very virus it was supposed to contain
    And not one of them has been held accountable. Not one has apologised. Not one has been charged.
    These are the people now asking you to trust them with your fuel supply. To voluntarily change your behaviour. To think of others. To comply for the greater good.
    The greater good. The two most dangerous words in the English language. Every atrocity in human history was committed in the name of the greater good. Every right you lost during COVID was taken for the greater good. Every freedom you surrendered was demanded for the greater good.
    This address was not about fuel. This was a conditioning exercise. They are measuring your compliance threshold. They are testing whether you’ve forgotten. They are betting on your short memory and your willingness to obey.
    Prove them wrong.
    Do not forget what they did. Do not trust the people who brutalised you to protect you. Do not hand over one more freedom to a government that has never returned the last ones it took.
    They’re running the same play. Don’t fall for it twice.

    1. I hope you don’t mind if I use your clear and complete exposition for others to read. Paste it on the fridge so they can’t forget.

    1. Sheri:

      On the list. Just finished watching his interview with Alastair Crooke. Excellent

      Catherine

  2. I find it supremely frustrating that every time I switch to another app on my IPhone, such as to answer a phone call, while listening to M&M, I have to go all the way back to the Solari home page and start over from the beginning. I have tolerated this for years, but it’s getting just too old. Please fix this.

    1. `We thought this was fixed. If our team has questions, ok if we call you? What iphone are you using?

  3. Catherine and John, what are your thoughts on Iran accepting only Yuan, bitcoin, and stablecoin for the Hormuz Strait tolls? I was taken aback that Iran accepts stablecoin. Is there any conspiracy behind this?

  4. On 20260209 a website went live. It’s name is based on Gary Webb.
    The US DoJ made access to the Epstein files difficult and fragmented.
    Allegedly, this website sits on top of a database holding every Epstein file.
    I didn’t understand much of what was said about how an AI accesses the information and interrogates it, or indeed how one sentence can produce several pages of cross references, but it seems to be working.
    Allegedly the primary goals are to make it easy for reporters to access the content and searches of the Epstein material.
    I’m aware of your caution regarding AI slop, but I think this is worth some of your time.
    On an entirely different subject, I’m wondering what is the open market value of 450Kg of 60% enriched uranium hexafluoride?

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