We have come close multiple times to runaway inflation in the US, but it has never run away yet, which is not something you want to experiment with because once inflation gets started, it feeds on itself through expectations and wage-price spirals.
factualpending
Speaker
Warren BuffettEvidence Quote
“We've come close multiple times, and we've still had very substantial inflation in the United States, but it's never been run away yet”
Created: 8/12/2026, 6:14:17 PM
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