I've Never Heard So Many Lies

Says James G. Rickards, the lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He feels the war in Ukraine will last longer than most expect, and will amplify the inflation. In the end, Putin will prevail in Ukraine, while the Ukrainian people and Western consumers will pay the heaviest price.

- James G. Rickards

All wars are full of lies. Winston Churchill famously said, “In wartime, truth is so precious that she should always be attended by a bodyguard of lies." We accept that idea broadly. Secret invasion plans should be closely held. The identities of spies must be kept under wraps. New weapons and defensive tools should not be revealed because enemies will be alerted to their potential and begin offensive workarounds. Still, just because the government has legitimate reasons to deceive the public in wartime does not mean that citizens don't have a duty to find the truth to the extent they can.

The Russian-Ukraine kinetic war and the broader U.S.-Russian economic war are full of more lies than any public events I've seen in my lifetime including Vietnam, Watergate and the Iraq War. That's how big the lies are.

The Bodyguard of Lies

Here's the official U.S. narrative as echoed by the mainstream media: Russia's invasion of Ukraine was unprovoked, Putin's three-day blitzkrieg of Kyiv has failed, Russian forces are bogged down and valiant Ukrainian troops are putting up a powerful defense and regaining lost ground with the help of weapons from NATO. In this version, President Zelenskyy is the new Churchill rallying patriots against an evil dictator. All of that is either entirely or mostly false.