Warren Buffett isn't worried about the dollar's dominance

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Warren Buffett isn't at all concerned about de-dollarization, based on his comments in recent years.    The famed investor expects the dollar to remain the world's reserve currency for decades to come.    However, he's warned against printing too much money and eroding the currency's value.

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00:00 Warren Buffett isn't worried about the dollar's dominance.

00:14 He predicted it would still be the world's reserve currency in 2065.

00:19 Warren Buffett isn't at all concerned about the dollarization, based on his comments in

00:22 recent years.The famed investor expects the dollar to remain the world's reserve currency

00:27 for debt is in danger, several experts said.

00:30 Warren Buffett isn't worried about the so-called "dollarization", based on his bullish comments

00:34 about the buck over the past decade.

00:36 "We are the reserve currency, I see no option for any other currency to be the reserve currency,"

00:41 he was referring to many countries holding large amounts of dollar reserves.

00:45 Governments around the world consider the greenback to be a safe and stable store of

00:48 value, which they can rely on to conduct international commerce.Buffett was even more emphatic during

00:53 the Berkshire meeting in 2015.

00:54 [MUSIC PLAYING]

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