The M2 Supply of Digital Currency

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

In 10 years, they printed 67% of all the money that we've ever had in the country. They did it with just running a printing press,. It means there is all this piles of money out there and it's starting to be reflected. You're starting to see it in the way people spend money when they don't want to keep it or they don't know where they should put it. Most luxury goods have gone off the chart in their prices in just the last 10 years.

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

Topics Discussed: