Fiat is Worthless: Charlie Munger, a millionaire investor and Warren Buffet's partner says FIAT currency is " Going to Zero" in his last interview. Charlie Munger, a millionaire investor and Warren Buffet's partner, has made several controversial remarks about fiat currencies and crypto-assets. Berkshire Hathaway's 98-year-old vice chairman has predicted that fiat currency will "fall to zero" in the next hundred years. The senior investor made the remarks in an interview with Yahoo! Finance, which MicroStrategy CEO Michael Saylor picked up and retweeted on Feb. 17. According to Saylor, Bitcoin has an answer to failed fiat currencies: "Like many astute investors, he recognises the issue but is ignorant that we have devised a solution in the form of bitcoin." Munger did not say the dollar by name, but it was clear that was what he meant. As the cost of living continues to rise, inflation in the United States has reached a four-decade high of 7.5p
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