"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.“

-Warren Buffett

posted in Nature

Warren Buffett quote on Nature: "Economic medicine that was previously meted out by the cupful has recently been dispensed ..." - Aesthetic Wallpaper & Wisdom

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"We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II."

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"The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on."

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"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

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"Your premium brand had better be delivering something special, or it's not going to get the business."

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"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."

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