‘Bernie Sanders has basically won’ on income inequality

Berkshire Hathaway (BRK-A, BRK-B) Vice Chairman Charlie Munger on Saturday declared progressive Vermont Senator Bernie Sanders (I-VT) the victor in the nation’s political fight over income inequality. The hot economy and loose monetary policy will end up narrowing the nation’s wealth gap, Munger predicted.

“With everything boomed up so high and interest rates so low, what’s going to happen is the millennial generation is going to have a hell of a time getting rich compared to our generation,”…


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