Is it really worth locking up millions of people to save the few? This is the awful dilemma that the coronavirus presents us.
Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries.
A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities.
Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally.
With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance.
Since 1999, Bill has been a daily contributor and the driving force behind Money Morning.
The Fed is printing $125 billion a day to support the economy. And now Donald Trump is proposing another $2 trillion for infrastructure…
The feds are throwing fake money at an enemy they can’t beat: capitalism. But all the fake money in the world won’t create real wealth…
The losses in the Main Street economy are real. The feds can’t make them up. All they can do is create more fake wealth…
The obvious place for your money during this deflationary period is gold. Gold you can hold in your hands. That is, if you can get some…
This isn’t a post-WWII economy. Today, because of the coronavirus, stocks are coming off the biggest bull market in history.
When you start down that long, lonesome inflation highway, it’s very hard to turn around. Each stimulus brings on another crisis.
The feds want to pump more stimulus into the American economy. But real money is not unlimited. And when the limits are passed, bad things begin to happen.
How does America’s coronavirus response compare with what we saw during the Spanish flu of 1919? Well, frankly, it’s far more chaotic.
This crisis is reaching boiling point. The economy is shutting down. Neither businesses, households, nor the government will be able to pay their bills.
Republicans and Democrats are usually at loggerheads. But now the feds are working together to boost government spending. These are extraordinary times.
Everything is going according to plan. That is, if the Federal Reserve’s plan is to leave the U.S. economy a godforsaken wreck.
Guess what? The coronavirus is vengeful and implacable. And it’s coming for our fake money economy. So is the bear market.
The Federal Reserve has slashed interest rates. The last time it happened was in 2008. This is an ominous sign that America’s financial health has never been shakier.