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Buffet jr, always the rebel. Let's hear what his father Howard Buffet had to say about gold. From Businessinsider: "I warn you that politicians of both parties
by digitalengineer 14y ago
Buffet jr, always the rebel. Let's hear what his father Howard Buffet had to say about gold. From Businessinsider: "I warn you that politicians of both parties will oppose the restoration of gold, although they may outwardly seemingly favor it, unless you are willing to surrender your children and your country to galloping inflation, war and slavery then this cause demands your support.
And sure enough: Have a look at the purchasing power of the US Dollar from 1900 - 2010: http://i.minus.com/ibdqRbrSZDaQ6I.jpg http://i.minus.com/ibdqRbrSZDaQ6I.jpg
More by Howard Buffet: http://www.businessinsider.com/tired-of-warren-buffett-trashing-gold-here-are-some-quotes-from-his-gold-loving-father-2012-2?op=1 http://www.businessinsider.com/tired-of-warren-buffett-trash...
- trhtrsh 14y agoThat graph is utterly meaningless without a corresponding graph of income per hour of labor (in dollars).