Warren Buffett's latest statement on the economy:
Taking a firm position in an ongoing debate in the financial markets, Buffett says he's not concerned about deflation, but thinks inflation will be a problem in coming years.Wasn't he the one who was endorsing Obama's massive spending spree? Why yes....yes he was:
Buffett predicts that Obama's plan for a massive stimulus program will help, but not right away.Massive spending + printing money = inflation...but he didn't see that when he was endorsing the stimulus? I should be a billionaire.
