Editor-at-large Joel Bowman sits down with Bill at his home near the banks of the Blackwater River in Ireland to discuss inflation, central bank digital currencies, and much, much more.
Regarding change, reform, all the hopium: there is no real change without force. As Bill says, the system exists to reward those in control. The only way to effect change is to change those who are in control, and they will not voluntarily go away. Chairman Mao understood this principle very well when he said, "Political power proceeds from the barrel of a gun." Being a sensible man, what Mr. Bonner recommends is: one) admission that the system is corrupt, and two) position yourself within that system to suffer the least. This is a momentous time in history, and all of us will have to go through it. If we can't face the prospect of the dirty work involved in real change, then we have to take what comes. Best always. PM
Regarding change, reform, all the hopium: there is no real change without force. As Bill says, the system exists to reward those in control. The only way to effect change is to change those who are in control, and they will not voluntarily go away. Chairman Mao understood this principle very well when he said, "Political power proceeds from the barrel of a gun." Being a sensible man, what Mr. Bonner recommends is: one) admission that the system is corrupt, and two) position yourself within that system to suffer the least. This is a momentous time in history, and all of us will have to go through it. If we can't face the prospect of the dirty work involved in real change, then we have to take what comes. Best always. PM