Bitcoin is the beginning of something great: a currency without a government, something Necessary and imperative – Nassim Taleb
I do not understand Bitcoin, but I do not understand women either and I am married – U.S. trader

During the intense weeks promoting my book Journey to Economic Freedom I’ve been asked several times about my opinion on Bitcoin , the so-called “virtual currency” that has increased in price more than 100 times in eleven months. Continue reading Bitcoin. Free currency? Bubble? Or Ponzi Scheme? →

The economic news of the week in Europe have reduced the euphoria about a possible recovery. France went into recession in the third quarter and general Eurozone data is weaker than expected. Continue reading Deflation? No, Disinflation. The Consequence of Interventionism →

Richard Fuld (ex-Lehman CEO) “The blame on the firm’s share price collapse lies on hedge funds and short sellers”

On September 15th 2008… Continue reading On September 15th 2008… Remembering the Lehman collapse →

“The debt compromise is like eating a Satan sandwich” Emanuel Cleaver

Yesterday I heard again a sentence that tends to be repeated frequently: “Deficits support growth”. It assumes with his claim that increasing deficits helps economic recovery, rather than see that such recovery is much slower and fragile precisely because of the large deficits and the cost of financing them with taxes. Continue reading Debt Is Still The Problem →