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W.Buffett play for Bur N. Rail---total bet on Inflation
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Markwright
Posted 11/7/2009 00:24 (#915886 - in reply to #915806)
Subject: Re: Inflate things all You


New Mexico
want.

You might note one thing though.
Until unemployment stops rising, and in fact goes Down a bunch, inflation is NOT possible, but deflation is highly likely.

Reason is: less folks with jobs have LESS money to spend, thus demand for goods and services actually goes down, not up.

Matter of fact, if unemployment stays on the current trendline higher ( to just over 14% ), by this time next year everything in the usa will actually deflate by approx 30% from today's price / cost levels.

btw, if you really want to know what Berkshire is up to, Simply call em and ask ( heck if Warren is in, he'll most likely talk to You, too ).
Also, ask them to send You a prospectus.

That way you don't have to rely on a bunch of supposed second hand expert head games of warren thinks this, warren thinks that etc.
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