Headlines misleading the public on Buffet’s view of the US economy

You’ve probably seen the headlines about how Buffet says the economy is in shambles. If you haven’t already, take a look at the full interview because it doesn’t sound to me that he thinks we’re a hopeless case. He’s basically saying we will recover but there’s a risk of inflation and it may take some time to recover.

Interestingly, until we recover, until consumers start getting more spending power, I don’t see how inflation could be a problem…

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