Bill Bonner


The Latest COVID-19 Relief Bill Is a Joke

The “COVID-19 relief” bill is a joke. No member of Congress actually read it. And if they had, they’d find these rib busters…

Family Wealth: The Habits That Could Destroy Your Money, Instead of Preserving It for Generations

Families with old money all have their own norms, their own values, and their own no-nos. These largely determine...

Habits of Wealth Can Preserve Your Family Money for Generations

Families trained to invest wisely and to preserve their wealth are almost certainly better custodians over the government. And...

The Mindset of the Rich

What separates the rich from the rest of us? What accounts for it? How come some families stay rich...

The U.S. Government’s Handouts Create Consumption, Not Production

If a government simply “prints” money, as if it were real capital, it cheats people, weakens the economy,...

How Stimulus Kills the Economy

The burden of today’s letter is that the funny money does funny things to the economy. That is, the...

The Federal Reserve’s Money Handouts Destroy Capital

Capital is what creates wealth. It is yesterday’s achievements. It is savings. Capital is what makes one country rich...