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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: samtheinvestorm ✶  😊 😞
Number: of 15062 
Subject: Re: From the letter
Date: 02/25/2023 9:03 PM
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This is a great point. I think Buffett makes goes further into an area he does not usually opine on - macro economics.

From page 8, second to last paragraph, last two sentences: "Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences."

I interpret this as Buffett is saying inflation is a consequence of huge fiscal deficits. Would love to hear others thoughts on this.

Sam
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