Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2020-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is the US Government Defaulting on Its Bonds?

I said, originally, we bought it with 100-year time horizon. And I've extended that. So it will earn more dollars if there's a lot of inflation. In real terms, who knows? But it would earn a lot more dollars. A lot of the energy projects would then. If we can find the same sort of businesses that aren't as capital-intensive. We've got capital. The United States has been smart enough and people have trusted us enough to issue its debt in its own currency.

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