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Warren Buffett – “We Are Seeing Substantial Inflation”
Earlier today I showed you Steps To Take Now As Inflation Rises…
More proof inflation is coming fast came from Warren Buffett at his annual Berkshire Hathaway annual meeting over the weekend.
He said “we are seeing substantial inflation…”
… and we’re raising prices.”
This is huge news from one of the worlds largest and most diversified companies.
Berkshire Hathaway has wide ranging operations in candy, shoes/boots, furniture, railroads, energy, insurance, and much more.
Buffett said almost across the board his companies are seeing higher prices… Specifically in energy, furniture, and railways due to rapidly rising steel prices.
And its not just Berkshire Hathaway… This morning I sent you examples of a few companies raising prices.
Here’s more according to Yahoo Finance…