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Jeff Nyquist

J.R. (Jeff) Nyquist, national security blogger and author of "Origins of the Fourth World War," specializing in Russian strategy and geopolitics; regular third-hour guest on The John Moore Show.

Oct 14, 2026

ThomasAUDIENCE
4:36
Mr. Nyquist, does this mark the end of NATO? What are your comments?
4:43
Yeah, it, uh, it's going to make the situation between America and Europe worse as well.
4:51
Um, yeah, it's ep- you know, this is what, uh, Uh, President Trump is blaming the diesel shortage on, um, on Zelensky in Ukraine for attacking the Russian refineries.
5:10
Uh, of course, if you do a breakdown on where the diesel's coming from, the, the second-- You know, y- if you look it up casually, say Russia is the second-largest exporter of diesel after the United States, 'cause we refine a lot of diesel here and export it.
5:25
But, um, it's actually the Persian Gulf countries, because if you go by country, there's a bunch of countries in the Middle East, and they, they all-- It's all divided up amongst them.
5:35
But as a whole, their diesel industry is the second big, uh, biggest output, and they produce a lot of the diesel for Europe, for example, where you are now.
5:45
Um, and, uh, Ru- Russia would, would export, um, you know, uh, something like, um, z- you know, uh, 0.8, you know, like 800,000 barrels Uh, of diesel a day to a million.

32 MINS LATER

ThomasAUDIENCE
37:44
I mean, it's gonna end in, in cold, cold stares, right? It's really gonna end in, "Okay, you pick your way, we'll pick our way."
MelissaAUDIENCE
34:24
But I, I just wonder if something's being done to address the currency.
34:28
Yeah, they're not gonna be able to bring it back unless they structurally change the, the way the economy works.
34:35
You know, the British brought back, thought they were, when the British pound was losing, uh, losing its, uh, way back 100 years ago, uh, they thought to bring back, put the pound back on the gold standard, and it didn't work, um, because they didn't structurally change the way they were doing their economy.
34:57
They believed in free trade.
34:59
They got into that business, and they didn't structure their economy properly.
35:03
They forced, um, the pound, they kept the pound alive by forcing it on their colonies.
35:08
But after World War II, uh, when they couldn't, uh, when the pound was not, was no longer, uh, you know, required by the colonies, when the colonies all broke away, uh, it, it basically, uh, didn't do very well.

6 MINS LATER

MelissaAUDIENCE
41:13
But, um, no, I just, I, I wonder, you know, what Congress is, is gonna do to address the currency and to address the Federal Reserve Note and possibly make it, um, you know, value-based.

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