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Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as "bad luck.

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Bill Bonner

Harness the Power of Accelerated Failure - the faster you fail, the faster you succeed.

Fail, Failing, Failure, Harness, Succeed
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Central planning doesn't work. A little bit of it is a drag. A lot is fatal.

Littles, Planning, Drag, Central, Work

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.

Civilization, Done, Needs, Rests, Stops, World

You don't get what you want from investing, you get what you deserve.

Deserve, Investing, Want, What You Deserve

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.

Learning, Merely, Silence, Silences, Wisdom, Wiser

Printing up extra money - with no backing - used to be the sort of thing only counterfeiters did. 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.

Bankers, Brain, Civilization, Extra, Instead, Money
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