May 6, 2009

Inflation May Help Recover Lost Property Value

Warren Buffett, while praising President Obama on CNBC for his efforts to stimulate the economy said, "The current course could trigger higher inflation when demand rebounds. We are certainly doing things that could lead to increased inflation. In economics there is no free lunch." As the dollar value decreases, so will debt. Some people in debt think that inflation is just what the doctor ordered. Those with assets will want to curb inflation. People need to know how inflation will affect their particular business deals and other investments, and plan accordingly.