Quote by Warren Buffett
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
Summary
This quote suggests that in recent times, economic measures that were once cautiously implemented are now being implemented on a larger and riskier scale. It warns that such drastic actions, which may result in inflationary pressures, could lead to uncertain and perhaps unfavorable consequences for the economy. The quote specifically highlights the ambiguity surrounding the exact nature of these consequences, but expresses concern that they are likely to be unpleasant.
Topics
Nature
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