Buffett recommending, or not recommending, sound money

Warren Buffett to CNBC: ‘Never Heard’ of German Hyperinflation Book Until Report He’s ‘Recommending’ It

When Money Dies: The Nightmare of the Weimar Collapse

Hasn’t read it?  Probably a good sign then, because he doesn’t understand gold or honest money anyways.  He said:

[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.


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