Welcome to Amitkeerti's World

I am a SW Engineer by Profession and a blogger by choice. I am a voracious reader and like to give my opinion about what i read. I try to convery my thoughts in a way that is meaningful and responsible. In my blog you would find me the way I am. I love to write about my take on the Society in general, Finance, day-to-day interesting events, me, inspirational thoughts. More about me as you read my blog.

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Location: Bangalore, Karnataka, India

Sunday, May 09, 2010

Thought for the day

"Legislators will correctly perceive that either raising taxes or cutting expenditures will threaten their re-election. To avoid this fate, they can opt for high rates of inflation, which never require a recorded vote and cannot be attributed to a specific action that any elected official takes." - Warren Buffett


PS:
No wonder an 8% inflation is taken for granted and a M3 money supply of close to 20% does not raise any eye brows.

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