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Warren Buffett says inflation is already here. What does that mean?



For much of 2021 so far, there has been raging debates over the future emergence and potential impact of inflation. With unprecedented governmental intervention and stimulus across all major economies of the world last year in response to the pandemic, attention has now shifted to the aftermath of these policies. And fair enough too. Every economics out there would probably agree that “uncharted territory’ is the aptest description of the current state of the global economy. After all, as we covered a few months ago, more than one in every five US dollars in existence today was created in 2020. That sort of occurrence is truly hard to wrap your…

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