Daylight robbery

[Bill Bonner’s Diary]( Daylight Robbery By Bill Bonner Friday, September 17, 2021 [Bill Bonner] BALTIMORE, MARYLAND – We are back in the USA. It is hot and humid here in B’more. We’ve scarcely set foot in the city the last two years, but not much has changed. Elizabeth was mugged on the street last week. She was taking a photo when a man grabbed her phone and ran off with it. But she didn’t give up! Instead, she gave chase… yelling… Someone called the police… The chase went on… but the man got away. She then went back to the house and called up the “Find my Phone” app. It showed the phone near where the perp had given her the slip. Returning to the scene… she saw the miscreant wandering around. She gave chase again, keeping her distance… shouting… and making a scene. Again, she lost him, but later found her phone in the bushes. “It was just an old phone…” we began a question. “Wouldn’t it be better just to let it go? He could have turned around and shot you.” “Well, it was the principle of the thing,” she answered. Recommended Link [Your money is NOT safe…]( If you print money in your basement… It's called counterfeiting. And you go to jail. When political elites do it, they pretend it benefits us all. But… Look where all that new money ends up: [image]( Printing trillions of dollars hasn’t done a thing to enrich the working class over the last 40 years. In fact, regular Americans earn the same amount today than they did in the 1970’s if you adjust for inflation. And that’s not even the worst part… Because a new plan is now being discussed to alter the very bedrock of our monetary system. It’s a terrifying proposal for a new kind of currency. One that lets elites rig the game even more in their favor… And it could spell disaster for anyone with money saved for retirement. In fact, this new plan is the biggest threat to your wealth since the 16th amendment created the personal income tax... [Click here to find out how you can protect yourself.]( -- Privileged Elite The nice thing about being mugged on the streets of Baltimore is that the principle is clear. No hidden agendas. No chicanery or disguised villainy. It was an honest, in-your-face robbery. And while we admire Elizabeth’s courage and scrappiness, we also have a sly respect for the creep who stole the phone. His life could have been so much simpler… so much easier… so much nicer. All he had to do was join the privileged elite. How? First, you borrow money to go to college. Then, you put on a suit… and get a job in Washington. Or maybe even get yourself elected to Congress. Not too smart? Don’t worry about it; you’ll fit right in with the other morons. And don’t turn your nose up at the private sector. Every company welcomes a willing and able employee. You might even work your way up to be CEO, earning 278 times more than the typical employee… [Featured: 2,000X Bigger than Bitcoin? Forbes calls THIS the Future]( Crypto Boomers Don’t want to go to college? Don’t want a job? No problem. Just follow the example of Michael Anderson, a self-described “Crypto Boomer,” profiled by The Wall Street Journal last week in its “Bitcoin to Bucks” article. The young man made a fortune – in cryptocurrencies. Or you could follow the example of Tom Osman, an [NFT]( millionaire. The New York Post reports: On Monday night, an anonymous buyer purchased a computer-based illustration of a rock with 400 ethererum (ETH), a cryptocurrency with the current equivalent value of over $1.3 million. The geologic doodle, supplied from the free clipart website goodfreephotos.com, is one of a series of 100 such images of the same stone, each a slightly different shade, and attached to its own non fungible token (NFT). The project has existed since 2017 without much attention, Vice’s Motherboard reported — that is, until NFT sales broke through the mainstream last year. UK crypto-trader Tom Osman came forward as the seller of EtherRock #42, which he purchased just a few weeks prior at only 1.7 ETH, or about $4,800 at the time. “I think this might be the best investment of my life so far,” he said of the transaction. Or maybe you could have gotten a degree in “race relations” and scored a job as a diversity officer, helping a big corporation blackwash its workforce… Or how about this: start a hedge fund? You raise money from friends and family. You “invest” it in the highest-flying, fastest-moving tech companies on the market. If they go up, you become rich and famous. If they go down, well… it wasn’t your money. Recommended Link [Will You Be Blindsided by the Global Chip Shortage?]( [image]( GM and Toyota factories are shutting down... Mass shortages of electronics... Medical device production nearly halted... You may know a global computer chip shortage is happening. You may know something seems to be very wrong... But what you probably don't yet realize--what few so far have figured out... Is what's really causing it. And what happens next for investors. Now a former computer chip executive with over 20 years of experience is stepping forward to tell all... [Click Here to See His Urgent Warning]( -- Alternative Path There are so many well-trodden paths to success in a late, degenerate, capitalist system. And the “not your money” mantra is the secret to them all. But who chases the suits through the streets? Who calls the police on them? Still, against the advice of his family (we presume) and all the counsellors, prison psychiatrists, and parole officers he ever met, the mugger chose a career of simple, old-fashioned crime. [Featured: WARNING: Is Your Bank on this List?]( And now, the poor man lives on the gritty streets of a gritty city, in the final days of a hot summer. He is neither enjoying a late-season holiday… nor Facebooking his friends… nor adding millions to his wealth. He is just trying to get enough cash for his next drug fix… and maybe a little more for a hamburger. Recommended Link [[URGENT] MAJOR BUY ALERT]( [ad_img]( Since 2016, Teeka Tiwari has trumped the stock market. His investment recommendations have each averaged 281%. That’s 17 times the S&P. And 112 times the average investor, according to JPMorgan! However, one investment Teeka just uncovered could top them all… It involves President Biden, billions of dollars, several large banks, and a super-rich family. As well as a MAJOR potential upgrade to our credit cards. Teeka, who ended up correctly picking the last “investment of the decade,” is declaring this his top pick for the 2020s. [See Teeka’s top pick…]( -- Better Idea How much better it would have been to have studied the latest claptrap theories and fantasies of modern economics. Then, he could have gone to work for the Federal Reserve. Instead of sleeping in doorways and flophouses, he could have a nice house in Bethesda… and spend his days in a climate-controlled, paneled, cushy office… with wall-to-wall carpeting and a cappuccino machine down the hall. He could collect a handsome paycheck… while also watching his portfolio of stocks and bonds go up… and up… and up. And if they should ever begin to go down (markets normally go up AND down)… he could simply announce another stimulus plan! Stay tuned… Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Daylight robbery). --------------------------------------------------------------- FEATURED READS [The Delta Variant Is Hitting China’s Economy Hard]( world’s second-largest economy is feeling the effects of their strict summer measures and lockdowns to reduce the spread of COVID-19. Retail sales struggled in August, as people held off on traveling for summer holidays. And new housing projects fell 3.2% during the first eight months of the year. [America Is Facing a Price Spike in Steel and Aluminum]( like Campbell Soup, Peloton, and Ford Motor are all suffering because of steel and metal price hikes. A U.S. government index tracking the price of steel and iron nearly doubled in August from the year before, the biggest relative increase since records began in the 1920s... MAILBAG On Wednesday, dear reader Gary M. said of [Biden’s COVID-19 vaccine mandate]( “We are not free to hurt others by our liberties, in this case by spreading the virus or by filling hospitals to the extent that other life-saving procedures are delayed. This assertion of “freedom” did not occur to anywhere near this extent when the greatest generation, which had survived the Depression and fought tyranny in WWII, was vaccinated for polio or measles. They had a sense of responsibility and community that, in my mind, has given way to selfishness masquerading as liberty.” – Gary M. Today, other dear readers respond… Gary M. needs to study the founding fathers, specifically Benjamin Franklin. “Those who would give up liberty, to purchase a little temporary safety, deserve neither liberty or safety.” My not taking an experimental genetic therapy in no way impacts the freedom of Gary M. In fact, it is selfish and amoral of Gary M. to demand I inject myself with an untested, experimental genetic therapy that has more chance of doing me permanent harm than the COVID-19 virus. – Jonathan P. Gary, your argument only holds water if it is true that the “pureblood,” or unvaccinated only, are spreading the virus, which it is not. Secondly, the hospitals are not being filled up solely by the unvaccinated, they’re being filled up with the “vaccinated,” too (from first-hand knowledge). Using Polio inoculations as a reference is a bad example. The Polio vaccine was in trials for a number of years and once the safety and efficacy was determined, it was recommended by the FDA/CDC. There are no long-term studies on this new, experimental “mRNA” vaccine. – Abhishek B. My comment on vaccine mandates: If one’s reason to refuse vaccination is because Biden mandates it, I ask you to pretend that you never heard of the mandate. Pretend you did hear of your local hospitals being unable to serve seriously ill patients because the wards are filled with unvaccinated COVID-19 patients, some of whom will be dead by the end of the week. With that in mind and mandates “out of mind,” would you consider a vaccine to stop the spread? – Larry C. Does Larry’s pretend scenario change your view on getting vaccinated against COVID-19? Is the COVID-19 vaccine mandate another way for the elite to exercise their control? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Daylight robbery). IN CASE YOU MISSED IT… [Forget Bitcoin: Here’s the #1 way to trade]( Bitcoin is DEAD! Because there’s a NEW way to trade. - It can pay far more than cryptos… - Trades can cost as little as 1¢… - Warren Buffett made $12 billion with the idea behind this technique… One of these odd trades even shot up 183% in one day! Readers across two services saw the chance at a rare 4,942% gain with one 19¢ recommendation. Again – [this is NOT crypto trading](. But you CAN make these trades right from a normal brokerage account. Here’s [the full scoop]( on this weird way to trade. [BETTER THAN BITCOIN]( [image]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. 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