Charlie Munger thinks that inflation is what ended the Roman empire and that fiat can go zero shows that he does not understand what Cryptocurrency is about.

Charlie Munger has been recently saying that inflation is a serious threat to society BUT yet he still doesn't realized there is a solution right in front of him. For example in a recent interviews he mentions.

** Inflation can be ‘the way democracies die’:

** He notes that it was after of years of inflation when “eventually the whole damn Roman Empire collapsed, so [the current situation] is the biggest long-range danger we have, apart from nuclear war.”

** Munger clearly sees inflation not going anywhere in the decades ahead and he offered this discouragement to anyone looking to parking their money in currency for the long term: “I think the safe assumption for an investor is that over the next hundred years, the currency is going to zero," he said. "That is my working hypothesis.”

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here are just two recent video.

https://news.yahoo.com/inflation-can-be-the-way-democracies-die-charlie-munger-183158672.html

https://www.youtube.com/watch?v=2Wb01_OnKZ0&ab_channel=YahooFinance

edit:

Berkshire is famous for only investing in things they understand. They stayed away from the likes of APPL until all the way to 2018, despite tons of evidence that it was doing great; something clicked and they finally "understood" the product and went in big, like 160B worth big.

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