Llewellyn H. Rockwell Jr.'s Blog, page 126

What’s the Healthiest Water To Drink?

I feel one of the biggest issues in modern medicine is that patients often don’t get the opportunity to establish a genuine relationship with their physician and hence often lack the critical voice necessary for a therapeutic doctor-patient relationship.

Because of this, my goal here was always to be able to correspond with everyone who reached out to me (e.g., through comments). Unfortunately, due to the unexpected reach of this publication (two hundred thousand readers), I don’t have the time ...

Farewell, Fugazy!

That ruckus you hear in the capital markets is the sickening howl of the Fugazy Economy meeting its extinction. Fugazy means fake, unreal, dishonest, misaligned to what societies need to thrive. Fugazy means mis-using the time-value of things that purport to be wealth to multiply fake wealth in the hands of a few at the expense of the many. The pernicious effects of that system are visible all across the ruined landscape of our country, a nation of broken cities, failed towns, and a demoralized ...

President Donald Trump and Chairman Mao

I’ve never met Donald Trump nor had any dealings with him, and since I don’t watch television, I’d barely paid attention to his antics until his unexpectedly strong run for the White House began attracting heavy media coverage in 2015.

But some time ago I was privately meeting on other matters with one of Trump’s powerful and influential backers when Trump’s name happened to come up. Since I tend to be forthright and speak candidly about most things, I casually described him as an “ignorant buff...

‘Break-a-Leg’ (That Old Mafia Warning) – Trump Has Threatened Iran Over an Ultimatum That Likely Cannot Be Met

What is understood now is that ‘we’re no longer playing chess’. There are no rules anymore.

Trump’s ultimatum to Iran? Colonel Doug Macgregor compares the Trump ultimatum to Iran to that which Austria-Hungary delivered to Serbia in 1914: An offer, in short, that ‘could not be refused’. Serbia accepted nine out of the ten demands. But it refused one – and Austria-Hungary immediately declared war.

On 4 February, shortly after his Inauguration, President Trump signed a National Security Presidentia...

Liberation or Obliteration?

President Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff policy that will raise prices and abandoned his “America First” foreign policy in favor of a return to Bush-era neoconservatism.

Despite criticizing President Biden for bombing Yemen, President Trump has authorized bombing that country under the false pretense that Yemen’s Houthis are threatening international shipping. President Trump h...

Tariffying Times

Unless you’ve worked a lot in logistics and cross-border trade, you may not be aware of the global tariff system. Most countries have a base tariff rate, with variations based on protected products and industrial sectors, or socio-cultural mores that levy a “sin tax” on consumers who enjoy certain luxuries—alcohol and tobacco being the most common.

As of April 3, 2025, Indonesia imposes import tariffs on goods from the United States in accordance with its Most-Favored-Nation (MFN) tariff schedul...

My Proposal for How To Achieve a Democracy

As I have previously documented, the United States is controlled by its billionaires and not by its public; we have an aristocracy not a democracy. (As I had mentioned there, “The breakthrough first study, in 2014, was brilliantly summarized and explained in a 6-minute video here.” It shows by means of graphs what the first study found. And all subsequent such empirical studies have come to the very same conclusion. The evidence is therefore, by now, clear and overwhelming, that America is an ar...

Stagflation Is Here and the Fed Is Clueless

In Sunday’s episode of the Peter Schiff Show, Peter tackles the misguided optimism of the Federal Reserve, the dangers of escalating tariffs, and the troubling signs of entrenched stagflation. Peter takes a critical view of Jerome Powell’s policies, scrutinizes the logic behind rate cuts amidst ongoing inflation, and warns investors that Bitcoin will continue to falter in the coming economic environment as gold gains strength.

Peter begins by highlighting the alarming disconnect between economi...

Will the West’s Paranoia of Russia Destroy the World?

Do you remember the James Bond film in which a deranged Soviet General wanted to launch a nuclear war, or Dr. Strangelove, an American deranged general who wanted to do the same?  Well, Dr. Strangelove is still with us, but he is no longer considered insane.

In today’s Pentagon spreading nuclear weapons among allies who lack them in order to conduct an even larger nuclear war is just good war planning. On April 1, and unfortunately it wasn’t an April Fool’s joke, the nominee as chairman of the J...

A Powerful Government and a Weak Nation

For many Americans, it is an article of faith that a vast and powerful federal government equals a great and strong nation. Actually, it’s the exact opposite. The more powerful the federal government, the weaker the nation. Contrariwise, the smaller and weaker the federal government, the more powerful the nation.

Part of the problem here is that many Americans have been taught to believe that the federal government and the nation are one and the same thing. They aren’t. They are two completely s...