Berkshire Hathaway, led by Warren Buffett, sold a net $8 billion in stocks between April and June, amassing a cash reserve of $147 billion and signaling increasing economic pessimism. Following a hefty $13.3 billion stock offload earlier this year, prominent experts like Steve H. Hanke and Robert Kiyosaki have voiced concerns. Hanke underscored a money supply contraction rate not seen since 1938.
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