Today I want to talk to you about Charlie Munger on inflation and what I also think about the whole situation. Watch this video to invest confidently during economic uncertainty, especially now that we are starting to see rising inflation.
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Timestamps:
00:00 – Intro
00:30 – Charlie Munger’s Thoughts On The Current State Of Inflation
01:44 – Phil’s Reaction And His Thoughts On The Current State Of Inflation
02:37 – Download The Rule #1 Inflation-Ready Checklist
04:14 – Charlie Munger’s Thoughts On Rising Inflation
05:55 – Phil’s Reaction And His Thoughts On Rising Inflation
08:51 – Question: What Are Your Thoughts About What Munger Has Said About Inflation?
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Related Reading:
How to Invest During Inflation & Protect Your Assets
Is Inflation Stealing Your Money? The Effects of Inflation on Your Retirement
Hyperinflation: What is It & Can We Predict It?
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Charlie Munger on Inflation And What I Think:
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REVEALED: Best Investment During Inflation
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HOW TO INVEST IN SILVER: Silver IRA Investing
What are your thoughts on what Charlie Munger said? Leave a comment below!
Stay ahead of rising prices with the Rule #1 Inflation-Ready Checklist. Click here to download: https://bit.ly/3xDwc3V
Charlie is being extremely diplomatic.
This was rather depressing. Very tough times we live in
Phil I appreciate everything you put out, it's so valuable to be able to hear your thoughts in such tumultuous times. Thank you for sharing your insights.
Would you invest in physical silver rounds?
maybe the supply chain can bail tge fed out. so u dont think inflation will be that bad
Watch change in world order by Ray dalio on youtube.
It's time to get the washtub out in a few months perhaps around August?
So, what are you saying?
We're screwed?
Thanks for the analysis Phil, could you please elaborate what scenario you are talking about when you mentioned China and war?
If you voted for Biden – it’s hard for you to pretend to be upset about the record inflation and multitude of other poor policy that have put us in this position economically.
Half the country knew the outcome, the other half just wanted a guy out of office so badly they’d be willing to bet the entire farm on the move. Well, now the farm is in a really bad spot.
Thanks for sharing this great video!
It’s my belief that they will run hot with inflation until they roll out a centrally backed digital currency.
It can not be fixed without spending being fixed – so it will never be fixed.
What is Gold backed by?…………?
Let inflation run, government stop spending money and let people innovate. The only other option is a Depression or economic collapse.
The guy is just too old
The bond price would crash if the bond yield goes to 15%. It will probably bring the stock market along with it.
Great video, thanks for sharing!
Hi Phil, I’m finishing up my advanced strategies course with Tad this month. I have some companies on my watchlist that are at or close to my buy price. Taking into consideration the information from this video, should be loading up the truck? It sounds like things may get much cheaper in the not too distant future.
<Despite the current economic downturn, I'm so happy I made a big income stream investing with Mrs Christi Lily.. You’ve changed my whole life, Thanks so much
Phil, what do you think about borrowing money in this environment? Like a low rate personal loan or a 2.5‰ mortgage, with inflation where it is and currency debasement, how is the loan provider going to make money on the loan!? Looks like really cheap money…. Really obliged if you can answer, thank you