BTCsat20先锋
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Buffett is issuing the most serious warning.
He said that governments always destroy their own currencies.
And the current policies in the United States make him feel scared.
What is happening?
Berkshire is exchanging $348 billion for yen.
This person who never panics is preparing for the collapse of the dollar.
Why?
Buffett said he does not want to hold a currency that is "going to hell."
His biggest concern is the dollar.
Look at history.
Whether it is dictators or elected representatives.
Governments have a natural impulse to devalue currency.
This is a hard and fast rule; no system can escape it.
Hundreds of years ago, they "clipped" gold coins.
Now, they are turning on the printing presses.
This is not the evil of some politician; it is the essence of government work: making money worth less over time.
And today, U.S. fiscal policy makes Buffett feel fearful.
He said that all motivations are leading to one path:
Printing more money creates bigger problems.
This is not alarmism; this is the action of the Omaha prophet.
When he moves his fortune from one basket to another, you better understand why he is doing it.
Because his money is money, and your money is also money.
He said that governments always destroy their own currencies.
And the current policies in the United States make him feel scared.
What is happening?
Berkshire is exchanging $348 billion for yen.
This person who never panics is preparing for the collapse of the dollar.
Why?
Buffett said he does not want to hold a currency that is "going to hell."
His biggest concern is the dollar.
Look at history.
Whether it is dictators or elected representatives.
Governments have a natural impulse to devalue currency.
This is a hard and fast rule; no system can escape it.
Hundreds of years ago, they "clipped" gold coins.
Now, they are turning on the printing presses.
This is not the evil of some politician; it is the essence of government work: making money worth less over time.
And today, U.S. fiscal policy makes Buffett feel fearful.
He said that all motivations are leading to one path:
Printing more money creates bigger problems.
This is not alarmism; this is the action of the Omaha prophet.
When he moves his fortune from one basket to another, you better understand why he is doing it.
Because his money is money, and your money is also money.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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