Friday, June 27, 2008

Buffett Says He's Concerned About U.S. `Stagflation'

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=amCCz4wNzVCE

 
Remember i said that inflation will start sprinting once Fed pause rates?
The comment buffett made is not without logic and the timing cannot be better... Fed had just paused their rates... We will see money flowing back to US and that will give US hell in terms of inflation... Mark my words... Buffett has backed me up with his comments...
 
I could be wrong, but i certainly do not think so  at this point of time.
 
Hee Teck

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