Sunday, May 13, 2012

Warren Buffett – How to Invest During Inflation

Keynes said that inflation is an invisible tax that only one person in a million understands.

The best way to avoid inflation is to invest in your own earning power. To invest in your own skills is the best defense against a rapidly declining economy.

Beyond that, the best investment is a good business. In the United States, the value of a dollar has gone down 94% in Warren Buffett’s lifetime.

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