Warren Buffett is selling dollars. If you hold any amount of dollars, you should definitely pay attention. Warren Buffett has made it clear that he doesn't want to hold any currency that is depreciating. He explained that this is precisely why he's concerned about the dollar. He concluded, "The natural tendency for governments to depreciate their currencies over time." This applies to the dollar, the euro, the renminbi, and all currencies. Like it or not, we are experiencing a currency reset that could last for years. Ironically, he currently holds a record amount of cash reserves.
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