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To: SeekAndFind
Warren Buffett is Holding a Record Amount of Cash

Worth less and less every day.

3 posted on 05/22/2024 9:13:02 AM PDT by higgmeister (In the Shadow of The Big Chicken! )
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To: higgmeister

“Worth less and less every day.”

Maybe not. The fed is busy removing cash from the economy. Right now cash is worth less and less as inflation takes hold, which means robber barons like Buffett can accumulate more and more. At some point soon, the cash spigot gets turned off and cash increases in wealth like crazy. Devaluation is the exact opposite of inflation and that is where this economy is headed.


31 posted on 05/23/2024 5:00:52 AM PDT by CodeToad (Rule #1: The elites want you dead.)
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