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419- $100 Bills: Berkshire Meeting part 3
InvestED: The Rule #1 Investing Podcast
The Importance of a World Currency
Buffett or Munger just said it's there's nothing that can replace it. There's no other currency that looks better. No one trusts China and they're not going to make that the world currency. And then what else is there? The euro is weaker than the dollar - you're done. So unless somebody invents a new currency that's completely trustworthy, nobody will believe it.
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