Charlie Munger Says Fiat Currency “Going To Zero Within 100 Years”
Munger says “inflation is a very serious subject. You can argue that it’s the way democracies die… If you overdo it, you can ruin your civilization, so it’s a long-range danger.”
“The safe assumption for investors is that over the next 100 years, the [fiat] currency is going to zero… that’s my working hypothesis.”
https://www.zerohedge.com/crypto/charlie-munger-says-he-has-avoided-bitcoin-venereal-disease