Comments by "bighand69" (@bighands69) on "Warren Buffet Issue's Dire 2021Inflation WARNING" video.

Nobody really knows what is about to happen in the future. Markets are impossible to predict no matter what people tell you.
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Charlie for a long while has been saying that quantitative easing was going to come back to bite. This video is their Berkshire Hathaway meeting so they have to be careful what they say because every word is being listen to.
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I have been noticing it on raw materials for the last several years and have made several large inventory buys that give a 18 month buffer on inflation but at some point I am going to notice it at as well. The truth is real historical inflation over the last several decades has probably been close to 7%.
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@B.T. What are your current debt levels and total mortgage? Everybodies main goals should be to get mortgage free.
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The reset has nothing to do with the current state of economy. It is a power grab by those on the left who want to use it to engineer society in their vision. The US still has the ability to deal with situation. US total assets are probably worth near to $1000 trillion with total debt liabilities of about maximum $100 trillion so there is still plenty of space to deal with the problem. Now the EU does not have that level of space because is new and does not have the trust or resources open to it.
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@alanwayne7643 No amount of money can allow you to control markets. Even governments trying to put trillions into the market can control it with certainty.
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@dwightschrute7021 None of what you have stated would allow Buffett to succeed the way the has. He knows how to pick good companies and make money on them. There is no secret in what he is doing and he is not the only person to do this. Picking a business that is profitable, stable and with a bright future is not complicated and he is very clear in what he does. His businesses are not sitting 150 billion cash by accident or with luck.
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@charliesav4902 Water purification system can be made with a bucket of sand. Gold is something that has tangible worth as it has industrial usage and also is a good exchange constant. Gold is not an investment it is something to hold value nothing else.
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