Buffett Said Dollar Will Be “Worthless” Or “Worth Less”?
February 7, 2008 at 11:24 am · Category: Currencies, Humor
Dow Jones and CNBC yesterday were reporting that in a speech in Toronto Warren Buffett said that if the current deficit didn’t improve, the dollar would would be “worthless” in 5-10 years.
In a hilarious episode on Squawk Box this morning, Buffett himself called in to clarify his comments. He said the dollar would be “worth less” compared to other currencies - not “worthless”. It did seem a little extreme! LOL
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