Charlie Munger: “Bitcoin, Silicon Valley Are Bubbles”

Charlie Munger: “Bitcoin, Silicon Valley Are Bubbles”

Charlie Munger: “Bitcoin, Silicon Valley Are Bubbles” $BTCUSD Berkshire (NYSE:BRK.A) Vice Chairman CharlieĀ Munger, 94 anni, warned savvy investors that he thinksĀ Silicon Valley’s VC (venture-capital) funding and bitcoin are bubbles to avoid. “Yeah sure on Bitcoin and venture capital, too,” Mr. Munger replied when asked if he thought the controversial digital currency was a bubble. Currently, […]

World’s Central Bankers are Fighting “the Tape”

World’s Central Bankers are Fighting “the Tape”

World’s Central Bankers are Fighting “the Tape” The world’s central bankers are fighting “the tape” by pumping massive amounts of liquidity into the global economic system in an effort to avert deflation. Notably, deflation is a natural force of nature during Peace Time, when globalization leads to free trade and heightens competition. During War Time, […]