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

Posted by Greg Feirman  ·  Trackback URL  ·  Link