Buffet didn't get the Obama memo telling the media that the word "inflation" is off limits. You'll have to read the UK Reuters to get this info.
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But Buffett said that with the U.S. Federal Reserve and Treasury Department going "all in" to jump-start an economy shrinking at the fastest pace since 1982, "once-unthinkable dosages" of stimulus will likely spur an "onslaught" of inflation, an enemy of fixed-income investors.
Sunday, March 01, 2009
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