People are upset. They know something is wrong. But they don’t know what. The real explanation is too complicated. They won’t sit still for it. So, they look for scapegoats – the rich…the banks…the Chinese.
BILL BONNERBoth the liberal and the conservative are in agreement: it is all very well to let the people alone, but only if they do what you want them to do.
More Bill Bonner Quotes
-
-
A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
BILL BONNER -
God determines how fast you’re going to run; I can help only with the mechanics.
BILL BONNER -
The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
BILL BONNER -
Now it is done by the central bankers and Treasury Secretaries themselves. They don’t apologize for it. They don’t hang their heads and contemplate blowing their brains out. Instead, they’re proud of it… announcing that they ‘saved civilization,’ or some such claptrap.
BILL BONNER -
Only simple ideas can be held by large groups of people. Commonly held ideas are almost always dumbed down until they are practically lies… and often dangerous ones.
BILL BONNER -
So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.
BILL BONNER -
Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
BILL BONNER -
A man on his owns knows that he is best advised to leave his dumbbell neighbors alone. But let him join a political party, and he fantasizes that he has the right and the power to tell everyone on the block what to do.
BILL BONNER -
Everything you need is already inside.
BILL BONNER -
A teacher is never too smart to learn from his pupils.
BILL BONNER -
Neither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. It’s the lack of limits they can’t handle. That’s when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.
BILL BONNER -
And there are cultural norms and traditional prohibitions. But eventually, the norms and traditions wear off, like painkillers. And then, the pain of raw government begins again.
BILL BONNER -
Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself.
BILL BONNER -
People do not get what they want or what they expect from the markets; they get what they deserve.
BILL BONNER -
The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.
BILL BONNER