Warren Buffett’s Economic Confusion – Reason.com

“Demagogue: one who preaches doctrines he knows to be untrue to men he knows to be idiots.”  H.L. Mencken

Says Stoll:

Got that? At the beginning of his letter, and in his New York Times op-ed, Buffett ridiculed other CEOs who might let their investment decisions be affected by government tax policy or by uncertainty about such policy. But in the section on investing in solar and wind energy, Buffett says he’ll only invest “if” the return is reasonable — and he says that whether the return is reasonable depends on “future regulation” and on whether governments “treat capital providers in a manner that will ensure the continued flow of funds to essential projects.”

via Warren Buffett’s Economic Confusion – Reason.com.

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