Every American is going to pay higher taxes due to the Biden administration’s policies.
Remember that inflation is a hidden tax. It is a powerful (and often unseen and unstoppable) way for a government to pay for its goods and services without raising visible taxes that make people angry.
Warren Buffett is widely regarded as the best long-term investor in America. He clearly has moved from concerns about unemployment to concerns about inflation.
“We are seeing substantial inflation,” Buffett said at the annual meeting of Berkshire Hathaway. “We are raising prices. People are raising prices…