Munger: Inflation and the way democracies die

Citing examples from the Roman Republic to Adolf Hitler to Latin America, Munger said, “Inflation is a very serious subject, you could argue it is the way democracies die.”

https://www.yahoo.com/finance/news/inflation-can-be-the-way-…

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Munger: inflation is bad, second only to nuclear wars
Interviewer: how inflation is going to impact growth stocks?

Lol

I like his comment on the long term ooulookt for currencies… “they’re going to zero”

Seemed stumped for an opinion on Russia Ukraine.

Seemed stumped for an opinion on Russia Ukraine.

He didn’t seem stumped so much to me as lacking a crystal ball.

I don’t know. Listening to him, I will miss him when he’s gone. I feel like we need far more like him in this world than we have. A little guidance, a little historical perspective, a little sanity.

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