From Bill Bonner, Chairman, Bonner & Partners:
GUALFIN, Argentina – Here at the ranch, the skies have darkened, and the temperature has dropped sharply.
It’s that time of year. The first frost can’t be long coming.
At least we have time to think…
For instance, in the upcoming issue of our monthly publication, The Bill Bonner Letter, we try to figure out how the credit-money system really works.
After years of observation, heavy drinking, and meditation, we think we finally understand, more or less, what is going on.
To make a long story short: Funny money produces a funny economy.
And people don’t become better off in a funny economy. They get poorer.
Private, Not Public
More on that in future updates…
Today, we want to deal with the many questions Diary readers have sent in about our deal with top stock picker Chris Mayer.
As we began to explain earlier this week, we’ve…
