Home » today » Business » Warren Buffett has criticized Washington for its “ineffective handling” of the banking crisis – 2024-02-27 04:52:40

Warren Buffett has criticized Washington for its “ineffective handling” of the banking crisis – 2024-02-27 04:52:40

/ world today news/ The annual general meeting of shareholders of the Berkshire Hathaway company was held in Omaha on May 6, at which its chairman and CEO Warren Buffett pointed out that the ineffective disclosure of information about the recent banking crisis in the USA makes it difficult to restore trust in the depositors to the banks.

He emphasized that if people are concerned about their money in the banks, the economy cannot function well.

In response to a question about the “de-dollarization” trend, Buffett pointed out that it is very easy for the United States to print money, but if its quantity is too large, “once the genie is out of the bottle, it will be very difficult to restore the situation “.

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