How Sly Could Warren Buffett Be!

Has Buffett Overplayed His Hand?
http://online.barrons.com/article/SB125731575786627535.html#artCommBookmark

Another view of Buffett's move could run something like this:

Assume we are going to be heading into serious double digit inflation and a further devaluation of the dollar. In such a situation, would it be better to own a highly physical asset (as noted above) that may have even more flexibility to raise rates than a real estate investment (rents only on leases) or to have cash.

Not that one would want to think of Warren as a sly old bird; but, there are people suggesting we could have some high interest rates (which would further depress the economy and push up inflation)and this jump in rates could be anytime - although quite a few give it a six month window.

Perhaps it will also be looked upon as terrific luck in hindsight. Who knows?

But, the spending and printing and borrowing sustaining Obama and the Congress don't make any more sense than the housing bubble to me.