Llewellyn H. Rockwell Jr.'s Blog, page 292

Inflation Is an Intentional Tax

Last week Peter appeared on Impact Theory with Tom Bilyeu to discuss inflation, Federal Reserve policy, wealth taxes, and a whole host of other economic subjects. This is the latest in a string of recent interviews Peter has appeared in. If you missed them, check out his appearance on Bankless and a David Lin debate with Jack Mallers.

Peter argues that it is absolutely critical that Americans see inflation as a deliberate, albeit subtle, tax:

“The best way to look at inflation is a tax. Inflatio...

When Vladimir Putin Was Pootie-Poot

United Sates President Joe Biden has spent most of his presidency refusing to talk with Russia President Vladimir Putin. This is despite — or maybe because of — the fact that such discourse could have led to an agreement ending the US government’s proxy war against Russia.

Instead of talking out a resolution to the fighting, Biden has kept pumping dollars, weapons, and intelligence to the Ukraine government, resulting in a rising death toll and expanding war. Also advanced has been the risk of d...

What’s So Goofy About Eliminating Taxes?

A prominent libertarian is calling Trump’s tax proposals to eliminate taxes on tips and Social Security benefits “goofy.” What’s so goofy about eliminating these taxes and letting Americans keep more of their money?

Said Trump about tip taxation: “For those hotel workers and people that get tips, you’re going to be very happy, because when I get to office, we are going to not charge taxes on tips. You do a great job of service. You take care of people, and I think it’s going to be something that...

Minority Report

“Wir schaffen das”—we’ll manage—will go down in history as true a prediction as the one by the Führer of a 1,000-year Reich. For any of you unaware of “Mutti’s” prediction, Angela Merkel said it back in 2015 when she took in one million Middle Eastern refugees. Adding insult to injury, Germany then went ahead and took in another cool million Africans in 2022. As a result of all this, I now read that Germany is about to rethink its borders, or at least try to stem the flood of refugees rushing to...

Illegal Israel

More Money for Israel

Fuel beneath a cauldron of hate
At the heart of the Middle East mess;
Protecting an ethnic-supremacist state,
Defending its right to oppress.

With the current wanton slaughter of Palestinians in which the state of Israel is currently engaged, it’s almost enough to give outlaws a bad name.  Even NBC News puts the current death toll in the war in the small area of Gaza at 30,000, and anyone can see from the nature of the destruction of housing complexes, hospitals, schools, c...

Government-Free Schooling

Schooling is constrained by government requirements to pay, attend, qualify before teaching, not employ children, segregate children by age, teach specific curricula, and administer specific tests.

Free ourselves from these constraints, and the schooling that individuals will ultimately develop and choose will deliver far-better performance, price, and value-added for everybody.

Building general-purpose expertise

People in childhood through early adulthood can learn a great deal, and have abunda...

Coming US Election and What It Means for America’s Fiscal Future

When in the course of history’s twists and turns dire necessity becomes the mother of invention the hour is usually late. That’s the case with America’s septic fiscal derangement at the present time. There is simply not a snowball’s chance in the hot place that either the Trumpified GOP or the beltway blob-controlled Democrats will lift a finger to deflect America’s fiscal doomsday machine from its appointed rendezvous with disaster.

The latter stems from the UniParty’s bargain with the fiscal d...

Understanding the ‘How’ of the Hezbollah Pager Explosions

~10 minute read

First, I will start with a disclaimer.  I do not advocate violence in any manner.  The reasons for the calling forth of military force, in a proportional response or otherwise, are valid in few instances as the framers of our Republic understood.  Those values hold true even in today’s complicated and technologically advanced societies, and we would do well in practicing our religious objections to such things, and also as atheists (as the case may be) in adhering to the principa...

Don’t Trust the Government. Not with Your Privacy, Property or Your Freedoms

“In questions of power then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.”—Thomas Jefferson

Public trust in the government to “do what is right” understandably remains at an all-time low.

After all, how do you trust a government that continuously sidesteps the Constitution and undermines our rights? You can’t.

When you consider all the ways “we the people” are being bullied, beaten, bamboozled, targeted, tracked, repressed, robbed,...

Before Time Home Costs

This is another chapter in the Before Time series of articles (here’s the last one) written by those who experienced those times for the sake of the edification of those who are too young to have experienced them and so have no knowledge of how things were, once.

My parents bought their first house in 1969 – in Stamford, CT. It was a split level in a nice suburban neighborhood, sitting on about a half-acre of land. They paid about $33,000 for it, equivalent in today’s devalued currency to about ...