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I’ll guess it’ll be a lot sooner than that

Posted by ipso facto @ 10:11 on February 17, 2022  

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

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.