Bill Bonner (author)
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Bill Bonner is an American author of books and articles on economic and financial subjects. He is the founder and president of Agora, Inc., and author of a daily financial column, Bill Bonner's Diary. Bonner is also co-founder of Bonner & Partners publishing. And he has written articles for the news and opinion blog, LewRockwell.com. and MoneyWeek magazine.
Bonner co-authored Financial Reckoning Day: Surviving The Soft Depression of The 21st Century and Empire of Debt with Addison Wiggin. He also co-authored Mobs, Messiahs and Markets with Lila Rajiva. The latter publication won the GetAbstract International Book Award for 2008. He has previously co-authored two short pamphlets with British media historian, John Campbell, and with The Times former editor, Lord William Rees-Mogg, and has co-edited a book of essays with intellectual historian, Pierre Lemieux.
June 2016: Bill Bonner, via his company Agora, Inc., paid for an ad on Reuters indicating there was a new law that wouldn't allow Americans to take money out of their own USA accounts. The ad reads, "New Law Cracks Down on Right to Use Cash. Americans are reporting problems taking their own money out of US banks." The ad also features a photograph of President Barack Obama. The ad is deceptive, in that it does not cite the law to which it refers, which law is aimed at Americans transferfing their assets to foreign banks in order to avoid paying taxes. This law is the Foreign Account Tax Compliance Act (FATCA).
In his two financial books and in The Daily Reckoning, Bonner argues that the financial future of the United States is in peril because of various economic and demographic trends, not the least of which is America's large trade deficit. He claims that America's foreign policy exploits are tantamount to the establishment of an empire and that the cost of maintaining such an empire could accelerate America's eventual decline. Bonner argues in his latest book that mob and mass delusions are part of the human condition.
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