Money out of nothing is money that is eventually worth nothing. Llewellyn Rockwell More Quotes by Llewellyn Rockwell More Quotes From 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 making-money saving losing 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 cash government class The government is always looking for something that appears more dangerous than itself, and these criminals seem to fit the bill. Never mind that it was the government that promised but failed to protect us. It was the government that prevented the airlines from protecting themselves. It was the government that so badly botched the rescue operations. It was the government that had stirred up the hate that led to the terrorism. Llewellyn Rockwell government hate mind 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 party goal two No state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will tolerate. Llewellyn Rockwell empowered public-opinion states The state is a vast enterprise for declaring all sorts of things legal for itself that would be illegal for us. Llewellyn Rockwell illegal states would-be 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 to or desired by those who make war. Llewellyn Rockwell silly war two 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 something we are going to have to face. Liberty is for the citizens to guard themselves. Llewellyn Rockwell citizens liberty team The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right. Llewellyn Rockwell creating miracle government Government planning not only fails; it tends to produce outcomes that are the opposite of what its proponents say that they favor. The only stable and productive social system is one that embraces human liberty in its totality, and defends the market economy, private property, sound money, and peaceful international relations, while opposing government intervention as economically and socially destructive. Llewellyn Rockwell peaceful government opposites Never underestimate the power of bad ideas. They must be refuted again and again. Llewellyn Rockwell again-and-again underestimate ideas 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 government gold age 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 money running years If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth. Llewellyn Rockwell long-ago government heaven 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 no more business cycle, bailouts, or inflation. Llewellyn Rockwell money cheer school The most absurd public opinion polls are those on taxes. Now, if there is one thing we know about taxes, it is that people do not want to pay them. If they wanted to pay them, there would be no need for taxes. People would gladly figure out how much of their money that the government deserves and send it in. And yet we routinely hear about opinion polls that reveal that the public likes the tax level as it is and might even like it higher. Next they will tell us that the public thinks the crime rate is too low, or that the American people would really like to be in more auto accidents. Llewellyn Rockwell government people thinking Among the most urgent political priorities of our age is the separation of economy and state. Llewellyn Rockwell priorities political age Above all, ascribe no decent motives to the federal government. Always and everywhere, it is the enemy of truth. Llewellyn Rockwell motive government enemy 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 chaos states problem Private enterprise creates; government destroys. That is the great economic lesson of our times and all times. Llewellyn Rockwell liberty lessons government
