Bill Bonner

The US election is an advance auction of borrowed goods

The last few days have brought the usual election-year claptrap. Kamala’s supposedly plans to tax her own donors. And Trump’s tariffs are a tax on the poor.

Each and every choice made by a central bank is an error

After our car blew up, we rented a Citroen van. All was well until a light flashed on, telling us to put in something called ‘AdBlue.’

Dishonest prices create a dishonest economy

Stock prices are primarily information. They tell investors where their capital can be most fruitfully employed. The important thing is not that prices be high or low, but honest.

Wall Street sells investments, not capital gains

One of the great virtues of capitalism is that people can buy what they want... and get what they deserve.

The Olympics of debt and delusion

In today’s issue: The opening ceremony would’ve been called a freakshow The Fed lives in a dreamworld of its own The insiders take the money…

A rendezvous with a perverse and unpleasant destiny

What has happened to us all? Did we suddenly awake, one dark and woebegone morning, and decide to be stupid? Or, is it just part of the pattern?

Where are our ‘great men’ today?

How could they fail to stop a callow amateur, shooting from an obvious vantage at the man who must be the most obvious target in the whole world?

Spain to blame for Irish wine at an American wedding in France

In today’s issue: We came for a Rothschild wedding The Judgement of Paris backs colonial wine In business, war and marriage, there are no guarantees…

Who is President Biden’s astrologer?

In today’s issue: Why was Biden subjected to humiliation and scorn? The White House has a history of mental care Democracy only works on a…

When it all went wrong for America’s empire of debt

From the terrorists’ point of view, the 9/11 attack was so successful not just because it brought down the World Trade Center towers. The real achievement for them was in provoking US policymakers to strangle themselves.

The feds’ only option is inflation

What if the Bank of England and Federal Reserve are no more reliable than the jefes at the Banco Central de la Republica Argentina?

The security team got a visit from some old IRA guys

After a few words of introduction, Colm lit a cigarette and bent to put gasoline in his chainsaws. Your editor stepped back. But Colm knew what he was doing.