Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning… — Llewellyn Rockwell Copy Share Image
The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the… — Llewellyn Rockwell Copy Share Image
The people and the warmakers are two distinct groups. We must never say 'we' when discussing the US government's foreign policy. For one thing, the warmakers do not care about the opinions of the majority of Americans. It is silly and embarrassing for Americans to speak of 'we' when discussing their government's foreign policy, as if their input were necessary… — Llewellyn Rockwell Copy Share
Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive… — Llewellyn Rockwell Copy Share Image
It isn't a coincidence that governments everywhere want to educate children. Government education, in turn, is supposed to be evidence of the state's goodness and its concern for our well-being. The real explanation is less flattering. If the government's propaganda can take root as children grow up, those kids will be no threat to the state apparatus. They'll fasten the… — Llewellyn Rockwell Copy Share
We like to imagine that in history, truth will prevail through sheer persuasive power. Sadly, this is not the case. Truth needs champions... — Llewellyn Rockwell Copy Share Image
It is not caving in to the bees to stop poking a stick into their hive. — Llewellyn Rockwell Copy Share Image
Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was… — Llewellyn Rockwell Copy Share Image
Everything done by the state is ultimately done by means of aggression, which is to say violence or the threat of violence against the… — Llewellyn Rockwell Copy Share Image
Money out of nothing is money that is eventually worth nothing. — Llewellyn Rockwell Copy Share Image
One ironic legacy of the Clinton administration is the rearming of the American citizenry. Each time Clinton and his friends in Congress threaten another… — Llewellyn Rockwell Copy Share Image
It's a hard truth for Americans to face, that neither team in Washington is going to guard what we love the most. That is… — Llewellyn Rockwell Copy Share Image
What we need is a new consciousness concerning the idea of human liberty. — Llewellyn Rockwell Copy Share Image
The most encouraging trend of our time is the widespread loss of faith in government. No longer do people look to the government as… — Llewellyn Rockwell Copy Share Image
