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2024-09-04 13:03:29

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Summary of Charlie Munger Predicted Inflation Surge Was 'Inevitable' Because of Democracies and Told How to Protect Against It – 'Most People are Going to Suffer'

Summary of Charlie Munger Predicted Inflation Surge Was 'Inevitable' Because of Democracies and Told How to Protect Against It – 'Most People are Going to Suffer'

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Charlie Munger Predicted Inflation Surge Was 'Inevitable' Because of Democracies and Told How to Protect Against It – 'Most People are Going to Suffer'
https://s.yimg.com/ny/api/res/1.2/tE_FEa.KUVRdzrzJ5Hbicw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/benzinga_79/173b50efc9e2a4a2b94e30ec3d8dab1c

https://finance.yahoo.com/news/charlie-munger-predicted-inflation-surge-221015429.html

Charlie Munger predicted that inflation would rise due to democratic governments printing too much money. He believed that most people would suffer from inflation, but high-quality businesses and government bonds could help protect against it. He also stated that there is no 'perfect correlation' between interest rates and inflation.

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2024-09-04 13:03:29

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