An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, May 8, 2017
Bloomberg — Berkshire's Munger: Fellow Republicans 'bonkers' on bank-regulation view
Charles Munger, the vice chairman at Warren Buffett's Berkshire Hathaway, said the leaders of his political party risk going too far in their efforts to reduce oversight of banks.
"My fellow Republicans — the ones taking away all this regulation of major finance — I think that's bonkers," Munger, 93, said Monday on CNBC....
I love what Munger is saying. It seems so rare that you actually have someone like this in the class that he's in actually tell it like it is. Now if only more of them were just like this.
I love what Munger is saying. It seems so rare that you actually have someone like this in the class that he's in actually tell it like it is. Now if only more of them were just like this.
ReplyDeleteHe's a wonderful man.
ReplyDelete