There was a story about one lottery winner in the press here in London last week. He had won millions of pounds. Feeling lucky, he invested in a number of enterprises suggested by friends, relatives and total strangers – all failed. He married a much younger woman – who later left him…
June 30th, 2009 | Bill Bonner | 6 comments | ContinuedAll Posts Tagged With: "dollars"
The People in Charge of Protecting the Dollar have no Interest in Protecting it
The problem with the dollar is that it has no protection at all. Worse, the people in charge of it have no interest in protecting the dollar. Each new dollar that comes into existence competes with every old dollar. Inevitably, they all fall in value.
February 15th, 2008 | Bill Bonner | 1 comment | Continued