Buffet, PIMCO calling for massive inflation
"Buffett, the billionaire investor, said March 9 on the CNBC television network that efforts to stimulate a recovery may lead to inflation rates exceeding those in the 1970s."
Does anyone remember what inflation was like in the 70s? It seems Warren and Bill Gross have made their bets and guess what... They AGREE with Sinclair, Rogers, Faber, and Schiff. Inflation in the high teens constitutes hyperinflation and Warren admits what is coming will be worse than the 70s...