Is Charlie Munger Becoming Austrian: “It Was Massively Stupid For Our Government To Print So Much Money “…(Tsunami Warning, Folks!)
by Tyler Durden
ZeroHedge.com
05/02/2016
Any moment now we expect Paul Krugman to come out with an op-ed suggesting that not just Time magazine, but Charlie Munger is the latest to join ZH payroll following what were some surprising comments by Warren Buffett’s right hand man earlier today on CNBC when he said that “the U.S. is looking more like Japan given the prolonged low-interest-rate environment.” The one phrase which Krugman will surely have something to say about was the following: “I strongly suspect it was massively stupid for our government to rely so heavily on printing money and so lightly on fiscal stimulus and infrastructure,” Munger told CNBC’s “Squawk Box.”
The Rest…HERE