Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
BILL BONNERAnd 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.
More Bill Bonner Quotes
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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.
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I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.
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Everything you need is already inside.
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If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
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There’s no such thing as bad weather, just soft people.
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There is no bad weather, just soft runners.
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Norman Rockwell spent his career painting pictures that helped people understand their own feelings…pictures that enriched their own experiences and celebrated their own lives.
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To bring inspiration and innovation to every athlete* in the world.
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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.
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If you have a body, you are an athlete!
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A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
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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.
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The world, then, no longer resembles the one that gave rise to the original insight. Soon, a person’s situation is so at odds with the world as it really is that a crisis develops, and he or she must seek a new metaphor for explanation and guidance.
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The athlete makes himself, the coach doesn’t make the athlete.
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That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.
BILL BONNER