ilmscore | Prediction Details
"Warren Buffett called it out back in 1977 with so much printing let's say if any other country were to print so much currency they would go in a SP of hyperinflation and their currency would depreciate but this is the USD which is which is a reserve currency and all countries want to hold it so the more they Supply the more they print the more other countries keep holding it which is why 45 years down the line the USD is still standing strong where other currencies have depreciated because the demand for USD keeps increasing and that is why it doesn't devalue at all"
By Zerodha Varsity | May 6, 2024 | Pending
From video
Ep. 1 - Investment Philosophies of Buffett and Munger | Learn how to pick a stock 00:08:20 - 00:08:51
Interpreted Prediction
Warren Buffett, around 1977, predicted the US Dollar would remain strong and not devalue despite extensive money printing, due to its reserve currency status and consistent global demand.

Prediction Details

Topic
US Dollar

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