Actually according to Buffet even _constant_ inflation can be very bad if the business is capital intensive with high fixed-costs. See my point here: https://ne

Actually according to Buffet even _constant_ inflation can be very bad if the business is capital intensive with high fixed-costs. See my point here: https://news.ycombinator.com/item?id=16458373 https://news.ycombinator.com/item?id=16458373