Russia’s “gold peg”: Lessons for Western investors
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Russia’s “gold peg”: Lessons for Western investors

It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all mainstream media sources with reports and stories about Russia’s invasion and this conflict has already…

Cantillon effect: Who’s paying the highest price?
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Cantillon effect: Who’s paying the highest price?

Every time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized members of our societies. In coordination with their central bankers, they print and spend new…

JERM WARFARE WITH ASTRID STUCKELBERGER & CLAUDIO GRASS – BREAKING FREE FROM COVID MADNESS
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JERM WARFARE WITH ASTRID STUCKELBERGER & CLAUDIO GRASS – BREAKING FREE FROM COVID MADNESS

Astrid Stuckelberger and Claudio Grass have been on my podcast before. Both are from Switzerland, and both featured in the super documentary Planet Lockdown. You can also see the video here: https://jermwarfare.com/blog/astrid-stuckelberger-claudio-grass (copy/past into browser). Feel free to share!

Václav Klaus: Remembering Gordon Tullock
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Václav Klaus: Remembering Gordon Tullock

It is a regrettable fact, but a fact nonetheless, that too many students of economic and monetary history have no idea where the principles and theories they espouse really came from. So many important thinkers, with unconventional and truly inquisitive minds, have been shut out of mainstream textbooks and were…

“Some things never change like weather patterns, famines and wars, whilst others change rapidly through technology and human greed”
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“Some things never change like weather patterns, famines and wars, whilst others change rapidly through technology and human greed”

Interview with Simon Hunt: Part II of II Claudio Grass (CG): Taken together, the moves by Russia and China, especially on the monetary front, with their plans of a gold-backed digital currency, appear to pose a direct challenge to the status quo and America’s central role in it. Do you think…

“Some things never change like weather patterns, famines and wars, whilst others change rapidly through technology and human greed”
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“Some things never change like weather patterns, famines and wars, whilst others change rapidly through technology and human greed”

Interview with Simon Hunt Part I of II As my friends and clients know very well, but also anyone who has read any of my writings before, I always held that understanding history and geopolitics is one of the most important elements of sound investing. Most mainstream investors, “experts”, as…

The weaponization of Economics – Part II
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The weaponization of Economics – Part II

Part II of II, by Claudio Grass Slippery slope  However, interesting as those experiments and observations might be, they are still the result of specific parameters within a particular setting and an environment that doesn’t resemble real life. Serious and honest behavioral economists both understand and freely admit this. Just…

The weaponization of Economics
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The weaponization of Economics

Part I of II, by Claudio Grass The field of economics has long and often very embarrassing history of absurd theories, blatantly wrong assumptions and hypotheses, spectacularly wrong predictions and entirely avoidable policymaking blunders; a few of them hilarious, most of them catastrophic, some of them literally murderous.  Overconfidence and…