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NewsWhore
03-25-2011, 12:10 PM
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Buffett: Avoid Long-Term Bonds Tied to Eroding Dollar (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHbUxY7oWllAnqDawGvKkmEi7hc2Q&url=http://www.bloomberg.com/news/2011-03-25/buffett-says-avoid-long-term-bonds-tied-to-eroding-dollar-value.html)
Bloomberg
... Prashanth Vishwanthan/Bloomberg Warren Buffett, the billionaire who urged Congress in 2009 to guard against inflation, said investors should avoid long-term fixed-income bets in US dollars as the currency&#39;s purchasing power will decline. ...

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