Concerns Over Fiscal Policy

During the annual meeting of Berkshire Hathaway, billionaire Chairman Warren Buffett did not hold back his concerns regarding the United States' fiscal policy. "The fiscal policy in the US is what scares me," Buffett remarked, highlighting a global trend towards weakening currencies.

Global Currency Trends

Buffett pointed out that the dynamic of currency devaluation is not confined to the US but is a worldwide phenomenon. He elaborated on the government's inherent tendency to devalue currency over time, emphasizing the significant implications of this trend.