"It is normal for governments to make money worth less over time. They devalue it very quickly... In the end, if you have people controlling the money, you can print paper money."
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"It is normal for governments to make money worth less over time. They devalue it very quickly... In the end, if you have people controlling the money, you can print paper money."
- Warren Buffett.