Llewellyn H. Rockwell Jr.'s Blog, page 468

Keynesian Credit Creation Meets Its Armageddon

Few commentators are aware that the dynamics leading to an inevitable collapse of credit are increasing. When these dynamics begin to unfurl, there is bound to be a global rush out of fiat credit into gold. This is why prescient central banks have been accumulating bullion.

This week, the more observant among us will have detected a fork in the road of credit creation. Major nations are now officially in recession, suggesting that interest rates should be reduced according to the Keynesian playb...

Dissolving Illusions About Vaccine Safety

In this interview, Dr. Suzanne Humphries discusses the recent update to her classic book, “Dissolving Illusions: Disease, Vaccines, and the Forgotten History,” published in 2013. “Dissolving Illusions” is one of my favorite books on vaccines, so I was honored to write the foreword for this 10th anniversary edition.

The ‘Safe and Effective’ Narrative Is a Carefully Fabricated Illusion

That word, “illusions,” is an apt one, because the vaccine industry really is all about promoting illusions. The...

Two Years After the Start of the SMO, the West is Totally Paralyzed

Exactly two years ago this Saturday, on February 24, 2022, Vladimir Putin announced the launching – and described the objectives – of a Special Military Operation (SMO) in Ukraine. That was the inevitable follow-up to what happened three days before, on February 21 – exactly 8 years after Maidan 2014 in Kiev – when Putin officially recognized the self-proclaimed republics of Donetsk and Lugansk.

During this – pregnant with meaning – short space of only three days, everyone expected that the Russ...

The Long War on White People

White people have been destroying white people for as long as I remember.  I don’t mean only in military wars, such as WW I and WW II, which destroyed the English and Europe and left them as American vassel states.  In wars of a different kind the damage has been as terrible. In fact, worse, because it is not only a genocide of white people but a genocide of their culture of freedom and accountable government.

(Note: in this article I include Jews among white people.  Some Jews maintain that “wh...

Requiem For Empire

The family has gathered in the cramped room. The only sounds are the muted bleeps of machinery, the raspy gasps of breath, and Aunt Maggie’s sniffles. Uncle Sam lies quietly on the bed, oblivious to the long, sallow faces staring down at him. Cousin Vinny nods slightly to the orderly, who leans down to pull the plug, then beats a hasty retreat from the room. Uncle Sam shudders briefly, then his body goes limp — the long goodbye is over.

The family slowly leaves the room, some consoling others. A...

George Floyd, Fani Willis, and Our Ghettoized Idiocracy

I’ve watched far too many clips of Fulton County, Georgia District Attorney Fani Willis’s testimony lately. It’s like the proverbial train wreck. You won’t learn anything from it, you won’t feel good about it. It is gratuitous stupidity on display. Too many drivers gawk at traffic accidents. I have been gawking at this obscenity.

Affirmative Action may have once served some kind of purpose. Perhaps to be implemented for a very brief time, until the playing field was leveled. But that time has lo...

Hubris Runs Rampant at the Fed

Prices will always increase, some small banks will fail, and the Fed was asleep at the switch when the run on Silicon Valley Bank occurred. Fed chair Jerome Powell admitted those three things in response to Scott Pelley’s questions on 60 Minutes.

“But the overall price level doesn’t come down. It will fluctuate. And some . . . goods and services will go up, others will go down. But overall, in aggregate, the price level doesn’t tend to go down except in fairly extreme circumstances,” Powell said...

Don’t Spare the Billions

When I was a boy growing up in New York City I was taught – and re-taught – to always save half of my weekly allowance and never spend more than I had in savings.

Too bad Joe Biden was not taught this useful Presbyterian virtue.  Recently, Biden’s government has sought $106 billion in the latest aid for arms for Israel and Ukraine, the biggest expenditure since the Vietnam War.  This while the bills for the incredibly foolish war in Afghanistan keep coming in, to date $2 trillion.

Now, the US in...

What a Great Country We Have Made!

The US State Department continues to awe with its embrace of honesty, and the high value it places on the rule of law and transparency.  Why, just the other day, spokesman Matthew Miller stated:

The Kremlin has poisoned Navalny, imprisoned him unjustly, kept him in harsh conditions, and denied him medical care. It is the Russian Government that is responsible for Navalny’s death while in detention. And now, in any other society – in a free, democratic society – we would see openness and transpar...

The Heroic Julian Assange

Julian Assange may soon be extradited to the United States, where he will face prosecution that could end in his imprisonment for life. He is in fact a hero, who should be honored rather than punished. American foreign policy is based on the pursuit of global hegemony and to achieve this goal, our “leaders” engage in torture and murder. Assange brought these crimes to public attention through his publication of the “WikiLeaks” documents he got from Bradley Manning. Because of this, the American ...