Doom alert! Legendary Investor Charlie Munger Leaves Host Nearly Speechless After Predicting An Inflation Apocalypse

In an interview Wednesday with Yahoo Finance Editor-in-Chief Andy Serwer, billionaire and investor Charlie Munger said inflation kills democracies.

“Inflation is a very serious subject,” Munger said. “You can argue it’s the way democracies die.”

https://twitter.com/_/status/1493996148624961542

Munger said it’s a “huge danger” once a populace “learns it can vote itself money.” He hypothesized that over the next 100 years, it will be a “safe assumption” the currency will fall to zero and said it will be a “dangerous environment.”

Munger attributed Adolf Hitler’s rise in what was an “advanced and civilized country” —Germany— to the Great Depression and Hater shit inflation. He also attributed the fall of the Roman Republic to its currency steadily increasing for hundreds of years.

“Eventually the whole damn Roman Empire collapsed,” he said. “It’s the biggest long-range danger we have probably apart from nuclear war.”

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Last Edited by Ultra MAGA Dan on 02/17/2022 09:50 AM