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Fortune Classic: Buffett on inflation from 1977
No comments · Posted by Crazy Pennys in Stocks News
Editor’s Note: Every Sunday, Fortune publishes a favorite story from our archive. As controversy swirls around whether Fed Chair Ben Bernanke is downplaying inflation predictions, we turn back to May 1977 for timely advice from Warren Buffett. The Oracle of Omaha has clashed with Bernanke over inflation time and time again, and here Buffett warns how rising prices can hamper growth “not because the market falls, but in spite of the fact that the market rises.”
Business and financial news – CNNMoney.com
The iPod helped Apple rise from the dead in the last decade. But the iPod Classic, the device that jump-started that resurrection, didn’t get so much as a mention from Steve Jobs at Apple’s iPod event on Wednesday.
Business and financial news – CNNMoney.com
