The Legal Kind of Counterfeit Money

 

Emma Walsh

Jul. 26, 2020

 

Counterfeit money allows people to do counterfeit things, Bill points out this week. And as the trend runs its course, those counterfeit things get more and more bizarre… like free marijuana for everyone and $1 trillion for people with babies.

But while fake-money boondoggles are hardly anything new, what is remarkable, says our editor, is that there is no fear of it – not from the stock market… nor the bond market… nor Congress… nor [US]America’s leading economists.

What does it mean, and how might it end? Read on…

Regards,
Emma Walsh
Managing Editor, Bill Bonner’s Diary

 


image Free Marijuana and $1 Million for Babies?
On Monday, our editor unpacks the absurdity of the Fed’s phony money. In a country that has forgotten basic math, we’re living in a fantasy world, blind to the fact that the house is on fire…

image Another Counterfeit Issue
Bill gets a surprise visit from Elizabeth’s English class in Argentina. After an impromptu piano performance, he dives back into the world of counterfeit money… of the legal variety. His argument: counterfeit money has led to counterfeit policies… which have led us to a counterfeit economy and society…

image Bad Moon Rising
The average American is living in a blissful state of delusion. Because they have never experienced communism, fascism, or a dictatorship, they think government corruption can’t happen… and that their money is safe. But they’re no longer really living in the real, hard-money world…

image America: Locked and Loaded
More and more people today expect free medical care, disability, welfare, and other state-run boondoggles. Once the money system is corrupted, Bill points out, it corrupts the entire society. And that’s when things really get ugly…

image The Biggest Social, Economic, and Political Disaster in Half a Century
Driving through Argentina’s Salta province, our editor runs into bizarre “health” checkpoints. After pressing the authorities for answers, it’s clear they have none. Instead, like in America, the feds seem caught between a rock and a hard place…

image From Pandemic to Pandemonium
Bonner-Denning Letter coauthor Dan Denning reports from this year’s Sprott Natural Resource Symposium. He exposes a dangerous side of the COVID-19 pandemic… one that has nothing to do with new daily cases or mortality rates. Instead, it involves wealth taxes, border controls, and a cashless society that threatens both your wealth and your freedom…

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