A Democratic politician who doesn't understand how capitalism transformed China through adoption of market mechanisms is nuts (irrational in their thinking about economics).

normativepending

Speaker

Charlie Munger

Evidence Quote

“no the Democratic politician doesn't understand that he's nuts”

Source

Bill Gates, Charlie Munger, Warren Buffett on the socialism versus capitalism debate— CNBC Television
Created: 8/11/2026, 8:07:00 AM

My Notes

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