More banks"will go bust," but people should not worry about the safety of U.S. bank deposits, said Warren Buffett, the billionaire chairman of Berkshire Hathaway.
Buffett pointed out that the current banking turmoil does not resemble the environment that triggered the 2008 global financial crisis. When talking about inflation and how the U.S. is doing, Buffett noted that"extreme inflation is always a possibility."
Buffett struggled to put together a coherent sentence for 4 minutes when asked about Bitcoin. Bitcoin has established itself as a good enough store of value.
Match what is related to banks as said 11 March 2023
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