The Currency is Going to Zero | Billionaire: Charlie Munger
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SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1 To close this week’s SD Bullion Market Update, we will have a listen to Berkshire Hathaway’s #CharlieMunger commentary on the growing risks of #Inflation this past week speaking with Yahoo Finance.
At 98 years old, this successful multi-billionaire stock market investor sucked from the air from the room with a diatribe of the real historic risks to runaway price inflation into totalitarianism (trends we see building already).
Have a look and a dark gallows humor laugh at the awkwardness of the conversation.
I only wished they had asked Charlie about how growth stocks perform under totalitarianism after the runaway inflation.
The way things are trending, I’ll bet you would also take the under on his 100-year working current headed to zero hypotheses.
The good news remains, on a relative basis prudent #Bullion insurance remains relatively cheap and available, for now.
That’s all for this week, as always to you out there.
Take great care of yourselves and those you love.