Why Buffett Pays Attention to Currency and Circulation

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In 2012, the United States had 800 billion US dollars floating around in actual bills. By 2022, they doubled it and then did it again. And when that happens, you have all this money floating around in the form of $100 bills. Yet it isn't super apparent in inflation really. So he's a reality of how much printed paper, this is what this is.

As the shock waves dissipate following the 2023 Berkshire Hathaway shareholders meeting, they nevertheless continue to be felt as we come back for a third week of analysis on one of the investing world’s most significant yearly events.

This year’s meeting took place in the midst of a tumultuous period of post-pandemic supply chain disruptions, worldwide inflation, and the looming threat of the next big recession.

In the final episode of this three-parter, Phil and Danielle focus on the role of currency in the current economic crises facing the markets. Listen in as they break down the comments of Buffett and Munger and offer their own insights on the topic.

For more pearls of wisdom from the Oracle of Omaha, get your free copy of the Warren Buffett Book of Quotes: https://bit.ly/3OEPXjL

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