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Mr Buffett sees massive inflation
None other than Warren himself sees massive inflation in the future. I read an article on moneynews were the Oracle said specifically that due to the enormous nature of the debt we are accumulationg the only way out is through massive currency inflation. Here is a quote from him: “A country that continuously expands its debt as a percentage of GDP and raises much of the money abroad to finance that, at some point, it’s going to inflate its way out of the burde ... Read More
Posted On 05/06/2009 16:43:22 by JohnJ
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