We are reprinting this article authored a few months ago by this true legend in his own time. Buffett presents two fantasy plans by which to deal with the current deficit situation, employing them as a device to demonstrate the absurdities and dangers inherent in current policy. Do you want to know why long interest rates remain so high? Buffett explains it and I totally agree.
Dec
06
1984
Warren Buffet’s Fantasy Plan to Finance the Deficit
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