Buffett Says Avoid Long-Term Bonds Tied To Eroding Dollar
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks at a meeting with insurance customers in New Delhi, India, on Friday, March 25, 2011. Buffett, the billionaire who urged Congress in 2009 to guard against inflation, said investors should avoid long-term fixed-income bets in U.S. dollars because the currency's purchasing power will decline. Photographer: Pankaj Nangia/Bloomberg via Getty Images
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110880589
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March 25, 2011
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BUFFET FIXED DOLLAR
- Warren Buffett,
- Berkshire Hathaway,
- Bond - Financial Item,
- Business Finance and Industry,
- Buying,
- CEO,
- Chairperson,
- Currency,
- Customer,
- Finance,
- Finance and Economy,
- Financial Occupation,
- India,
- Inflation - Economics,
- Insurance,
- Investment,
- Meeting,
- New Delhi,
- One Person,
- People,
- Purchasing Power,
- Reduction,
- Retail,
- Talking,