Author Archives: Russell Lamberti

I wrote this piece in early 2013, but it’s worth dusting off. Doesn’t age much. The world is in a currency war. What is that? It’s when governments devalue their currencies in order to protect domestic industries against foreign competition. … Continue reading →

Austrian school economist Jesus Huerta de Soto, author of “Money, Bank Credit, and Economic Cycles“, produced this crowdfunded documentary called “Fraud. Why the Great Recession?” The documentary is probably the best one hour long explanation of the Austrian school of economics’ arguments … Continue reading →

Detlev Schlichter has a smart Bitcoin piece over at The Cobden Centre. Any proper analysis has to distinguish clearly between the following layers of the Bitcoin phenomenon: 1) the concept itself, that is, the idea of a hard crypto-currency (digital … Continue reading →

Thorsten Polleit has a short but clear piece on the “The High Price of Delaying the Default” published at Mises.org. “It was Ludwig von Mises who understood that a fiat money boom will, and actually must, ultimately end in a … Continue reading →

Mark Thornton notes the important difference between “Austerians” and Austrians in his good post at Mises.org. The type of austerity that gets the most worldwide press attention on a daily basis is that promoted by economists at the International Monetary Fund. This … Continue reading →

By David Howden Friday, March 7th, 2014 A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community. One the primary advantages of bitcoin, perhaps even the greatest advantage of the … Continue reading →

Dr. Paul Craig Roberts and Dave Kranzler have produced a searing piece on central bank gold price manipulation, fractional reserve gold banking, and a desperate Fed running out of physical gold. The analysis places more meat on the bones of … Continue reading →

This week Mike Schussler wrote a widely read article for Moneyweb in which he argued that rand weakness does not help the manufacturing sector or economic growth, and why South Africa’s excessive consumption relative to productivity threatens yet further depreciation … Continue reading →

Nelson Mandela is many things to many people. There is certainly no one true story of the man most South Africans call “Madiba”. Like any human being he was complex, multi-faceted, and matured and changed throughout his long life. To some he … Continue reading →