While Berkshire Hathaway’s Vice Chairman Charlie Munger continues to voice his usual criticism of crypto, he also warns that inflation “is a very serious subject, you could argue it is the way democracies die” and “a huge danger.”
He was speaking during an interview with Yahoo Finance.
According to Munger, the US government “probably overdid it a little, they threw so much money, so fast, that it is hard for the restaurants to get people to do the work.”
Also, he addressed the issue of rising prices during an annual meeting of shareholders of publishing and tech company Daily Journal Corp.