During last week’s annual Berkshire Hathaway shareholder meeting, Warren Buffett mentioned: “We are seeing substantial inflation….We are raising prices. People are raising prices to us, and it’s being accepted.”
Warren Buffett just sounded the alarm on inflation — here are 8 ways to be ready (read here)
In fact, months ago (in Feb 21), Michael Burry of “The Big Short” fame, already mentioned about the dangers of inflation.
‘Big Short’ investor Michael Burry turns to Warren Buffett to underscore the dangers of inflation (read here)
‘Big Short’ investor Michael Burry says ‘prepare for inflation’ – and warns bitcoin and gold might be at risk (read here)
“Prepare for #inflation,” Burry said in a now-deleted tweet on Thursday night. “Re-opening & stimulus on the way. Pre-COVID it took $3 debt to create $1 GDP, and it is worse now. In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC #gold.”