Charlie Munger: If the government prints too much money, it ends up like Venezuela

Legendary investors Warren Buffett and Charlie Munger sit down with CNBC's Becky Quick to give their thoughts on modern monetary theory, which states a government can print money when it is in need of more of it.

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[onee]

I love this interviewer. She really knows how to ask a question and then to shut up. A quality many interviewers and radio hosts seem to lack nowadays.

[robify]

I think Mr. Munger speaks the truth. He's at that stage & age where you tell it like it is.

[yu-jdjg]

What Charlie Munger was saying and warning back in May 2019 is happening in April 2020

[DouglasSpicer]

Minus the green color, Charlie Munger has officially turned into Yoda.

[chrissalmon]

This video

*When it cane out*
YouTube algorithm: not now

*Couple months ago*
algorithm: not now

*When Rona hits and the gov starts printing money *
Algorithm: ok now

[MTran]

Charlie munger is a legend, he seems to be doing well at his age

[jumpmanmadj]

Buffett wouldn't be where he is if it weren't for Munger. Great partnership

[paralyzdtheory]

The algorithm is smarter than we ever know

[james]

This just popped up in my feed.... first thing he said was rates to zero and massive printing.... bang! All that done today and will get worse. So we have hyperinflation like Venezuela in our future? Prepare now people

[xandersotheraccount]

“It did cause the rich to get richer, but it wasn’t done on purpose” wtf

[MiguelDiaz-obqw]

I’m not worried about running out of printed money. I’m worried about running out of control by printing money.

[thechosenone]

Munger, one of the wisest people on earth: Do not print too much
FED, ECB : Money printer goes

[marcpadilla]

Ultimately printing more money is like not having enough of it. Its value diminishes while goods and services still pursue profit in a vaccum.

[spock]

That’s a lot of $billions sitting next
To each other.

[ANJINSAMMA]

I love Charlie, he pulls no punches and never minces his words!!

[tesfayet]

this is how journalists should be, credible and in the background. She has interviewed warren so many times. It must be because she doesn't take him out of context and knows what she is asking.

[williamdrijver]

Sound opinions, solid advice, and tons of common sense. Wish politicians and Central Bank leaders would see this video 20

[THECMB]

Wow YouTube algorithms at its finest, ABOLISH THE FEDERAL RESERVE

[pudendajohnson]

Maybe Warren should rethink his position on gold.

[raemarie]

Maybe stop giving millionaires & billionaires tax cuts, corporations, Wall Street & Banks bailouts. Maybe curb the greed & heartlessness of the government.