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Money out of nothing is money that is eventually worth nothing.
Llewellyn Rockwell
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Llewellyn Rockwell
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More quotes by Llewellyn Rockwell
American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.
Llewellyn Rockwell
Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.
Llewellyn Rockwell
Above all, ascribe no decent motives to the federal government. Always and everywhere, it is the enemy of truth.
Llewellyn Rockwell
What makes for the good society is a sound economy. Without it, all the rest falls apart.
Llewellyn Rockwell
What we need is a new consciousness concerning the idea of human liberty.
Llewellyn Rockwell
One ironic legacy of the Clinton administration is the rearming of the American citizenry. Each time Clinton and his friends in Congress threaten another round of anti-gun regulations, the American people respond by stocking up.
Llewellyn Rockwell
The fact is that the New Deal did not work. It prolonged what might have been a troubling two-year downturn into a horrifying blow to world prosperity that ended up in a war that killed countless millions. It was one of the greatest acts of wreckage in world history.
Llewellyn Rockwell
Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.
Llewellyn Rockwell
The state is and has been in history a source of disorder and chaos, and this problem gets worse the more the state grows.
Llewellyn Rockwell
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
Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.
Llewellyn Rockwell
Among the most urgent political priorities of our age is the separation of economy and state.
Llewellyn Rockwell
Profit is a signal that valuable services are being rendered to people on a voluntary basis.
Llewellyn Rockwell
In any government bureaucracy, they are not working for you but for the mythical blob called the 'public sector,' which is really nothing but a stash of stolen cash divided among the robber class.
Llewellyn Rockwell
The state always poses a greater threat to society than whatever problem it purports to solve.
Llewellyn Rockwell
The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right.
Llewellyn Rockwell
Let every nation, right now, do what is best for all citizens of the world: eliminate every form of intervention that would prevent or otherwise hobble mutually beneficial trade between any two parties anywhere in the world. No bureaucracy can help us toward that goal it must come from a growing realization of the merit of freedom itself.
Llewellyn Rockwell
There is nothing the state can do, and which society needs done, that cannot be done far better by the market.
Llewellyn Rockwell
The danger to a free society is not the guns owned by the citizens but an unconstrained government.... An armed society is a self-governing society, just as a disarmed people are vulnerable to arbitrary power of every kind.
Llewellyn Rockwell
Always and everywhere, the only serious political issue is what the state should and should not do. All the rest distracts.
Llewellyn Rockwell
