Warren Buffett on Money Supply

[JanMelet]

Self regulation will work if people are honest (Are they? Maybe some, but to few) and if people have a good insight into themself (Do they? Maybe some do, but to few). Conclusion: in general (although it would be ideal) self regulation will not work.

[edwardwills]

Why did he donate to Obama and support Obama if he knows our currency is shit?

[DocBrewster]

Ron Paul's bill to audit Federal Reserve' (missing) gold stockpile!

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[kaziqbal]

I don't even know why I read the comments on youtube. f'ing idiots

[jmitterii2]

Economic recovery from 2001 recession was fake, based on credit over leveraging. All went into housing markets that then dispursed to consumer goods, appliances, services industries, and even autos. The fog has been lifted, its now time to pay those debts-- consumers are now busy paying this off. Means less spending. Even banks went overboard. We need a true recovery: Monetary we need to allow pirces to fall. Economically, US must protect from importing goods/services.We'd recover :)

[Scoforever]

No protectionism!  But letting prices fall would be very good.

[jmitterii2]

Not protectionism, leveling. We cannot have one sided trade deals and we must take in account the labor cost compared to slave work dorms of Communist China. There is simply no way to compete with essentially slave labor without leveling via quotas and tariff's abroad, and tax insentives and possibly include some subsidies for production in the US. Use such tools to fair up trade between countries of very different economic structure.

[at1212b]

This guy has no idea that the Fed is the one that's making this all possible through the fractional reserve system.

[JohnnyHorton]

he is playing ball.he should be outraged. He thinks everything will be ok in 5 years???? I don't think so.

[edmack4me]

For him it might be.

[30percentplusreturns]

They were only greedy because the government let them be greedy. If the owner of a store tells all the people of the town, "come in and you can rob my store and steal everything," and then the people do, the owner cant turn around and blame the people. The owner was the federal reserve lowering rates to nothing and the patrons who robbed the store are the people. The fed and the government supplied the alcohol and we drank it. Stop blaming rich bankers. If we let them fail we would be fine!

[IntoEternity0329]

Buffet gives Bernanke head rubs at night.

[jhardknox]

asdf

[tardbuster007]

Every last one of these money maggotts are sniveling little manipulative weasels who should be strung up by their micro-nads. They all knew the activiity they engaged in was unethical and risked the health of the financial systems. Yet they mucked around for their own greedy gain. They're worthless slobs.

[IntoEternity0329]

The rich have been greedy yes, but remember greedy people are affected by fear of loss, which keeps them from over-leveraging. So instead of looking at who was greedy blame the force that attempted to remove the fear of loss over this past decade, the government. These greedy bastards would never have leveraged up like that if the government wouldnt have interfered and allowed them to, they created the moral hazard.

[tardbuster007]

facking bastids

[texmexpecs]

Over the last 5-8 years, I remember CNBC reporting how Buffet and AIG's Hank Greenberg were great friends. You can't tell me that Warren didn't know what was going on. A wolf in sheep's clothing.

[sanarkhos]

Told the FED to regulate when they caused the boom and bust to begin with.

The only form of regulation that works is self-regulation. We can't withdraw from this dollar ponzi scheme, and that's why we're all fucked!

[JanMelet]

@sanarkhos How can you say: "The only form of regulation that works is self-regulation," Come on you are not serious, or maybe plain stupid. (Get real).

[EMPIRE0FLIES]

Buffet is playing ball with Bildeberg bankers and the FED.