Buffett Said Dollar Will Be “Worthless” Or “Worth Less”?


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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