The Viral Question That Has Everyone Talking
May 08, 2023
In a Q&A session, 13-year-old Caroline asked Warren Buffett about the US dollar losing its reserve currency status.
Buffett admitted that "
nobody knows how far you can go with a paper currency before it gets out of control."
He also pointed out that this is particularly true if the currency is the world's reserve currency, as the US dollar currently is.
Buffett's statement highlights the potential risks and uncertainties surrounding the US dollar's status as the world's reserve currency.
Many experts believe that the rise of digital currencies could pose a challenge to the US dollar's dominance in the long run.
Buffet was impressed by girl's question and jokingly asked her to join the speaker panel instead.
Even a 13-year-old's question can spark an insightful discussion on the future of global finance.
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