• 11 months ago
Warren Buffett isn't at all concerned about de-dollarization, based on his comments in recent years.

The famed investor expects the dollar to remain the world's reserve currency for decades to come.

However, he's warned against printing too much money and eroding the currency's value.
Transcript
00:00 Warren Buffett isn't worried about the dollar's dominance.
00:15 He predicted it would still be the world's reserve currency in 2065.
00:19 Warren Buffett isn't at all concerned about the dollarization, based on his comments in
00:23 recent years.
00:24 The famed investor expects the dollar to remain the world's reserve currency for decades.
00:28 In danger, several experts said.
00:30 Warren Buffett isn't worried about the so-called dollarization, based on his bullish comments
00:34 about the buck over the past decade.
00:35 "We are the reserve currency, I see no option for any other currency to be the reserve currency,"
00:41 he was referring to many countries holding large amounts of dollar reserves.
00:45 Governments around the world consider the greenback to be a safe and stable store of
00:48 value, which they can rely on to conduct international commerce.
00:52 Buffett was even more emphatic during the Berkshire meeting in 2015.
00:54 beginning in 2015.
00:56 you

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