Of Course Merkel Gave in

July 10, 2015

The whole Greek crisis is not about bailing out Greece, but the banks that own its government debt. While–as this victory shows–the banks cannot be defeated politically, their own greed, unleashed by central bank insano-Keynesianism, will defeat them economically.

Note; never expect anything good from Angela Merkel, a former youth leader of the East German Communist Party.

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The Best of Llewellyn H. Rockwell, Jr.

Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.