Posts Tagged ‘shambles’

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

Thursday, June 25th, 2009

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…