In their book, When Money Destroys Nations, Philip Haslam and Russell Lamberti tell the fascinating story of Zimbabwe’s economic turmoil and how ordinary people survived. In late 2008 the Zimbabwe dollar collapsed after eleven years of unrestrained money printing. Hyperinflation had blazed out of control, turning lives upside down as soaring prices destroyed the once prosperous economy. This book reveals the ominous parallels between Zimbabwe and countries around the world that are printing money to fund their debts. Could these nations follow in Zimbabwe’s footsteps? Read this book to find out.

About the authors:

Philip Haslam is an economic advisor, writer and speaker. Trained as a Chartered Accountant in South Africa, he furthered his career in finance and economics. As a speaker, he regularly presents to a variety of audiences on money, banking and the international financial system. His latest research into the Zimbabwe hyperinflation provides groundbreaking clues to the consequences of money printing. His goal is to influence multinational monetary policy with sound economic reform. Philip has lived in both Europe and America, and currently stays in his hometown of Johannesburg, South Africa.

Russell Lamberti is Chief Economist at ETM Analytics, a capital management consulting firm in South Africa. He has worked closely for the past 10 years with economists, Azar Jammine, the late Tony Twine, and George Glynos. He consults to professional investors on economic policy, the money and banking system, international finance, business cycles and asset allocation. He is co-founder of the Ludwig von Mises Institute of South Africa which promotes the market economy, private property, sound money, and peaceful international relations. Russell is regularly invited to roundtable discussions with senior monetary policy officials of the South African Reserve Bank. He is published in major news and financial publications and makes frequent television and radio appearances to discuss key topics on economics and financial markets. He has also been a visiting lecturer to the Gordon Institute of Business Science MBA programme on fiscal and monetary policy. Russell started his career as an analyst for Johannesburg based consulting economists Econometrix before taking up his role in macro-strategy at ETM Analytics. His great passions are monetary economics and its history, and how to reform the monetary and banking system, all of which come a distant second to spending time with his family. Russell lives with his wife Pam and their children in Johannesburg, South Africa.

When Money Destroys Nations is published by Penguin Books South Africa