Something for Nothing, Again
Every ‘something for nothing’ government program is actually a transfer program. The feds produce no wealth. They merely take it from some people and give it to another.

Every ‘something for nothing’ government program is actually a transfer program. The feds produce no wealth. They merely take it from some people and give it to another.
By Bill Bonner,

Measured in gold, the story takes an even darker turn. Instead of being worth 38 billion ounces of gold, today’s economy is worth only 7.5 billion ounces — less than a quarter as much.
By Bill Bonner,

People generally are probably no more corrupt than they always were. They are neither always good, nor always bad…but always subject to influence.
By Bill Bonner,

Did society advance when Sparta burnt Athens to the ground? When Sherman burnt Atlanta? Was civilization inching up the hill, or sliding down it, when Candy Crush was developed?
By Bill Bonner,

Our baseline instinct is that most new technology is a waste of time. Even not-so-smart electronics often do more harm than good. Like mutations in the gene pool, most are sterile…or grotesque.
By Bill Bonner,

Humans wander out of the box. This is how we get our art, music and literature. This is also how we get big disasters…and big breakthroughs.
By Bill Bonner,
Investment ideas from the edge of the bell curve.
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