Mar 23, 2011

Warren Buffett sees economic recovery, warns against further stimulus

I have enormous respect for Bernanke. I think he played a big part in saving the system a couple years ago. And he knows a lot more economics than I do. But this, sort of, stimulative behavior, I don't think it actually is required now. I think the natural resuscitation capabilities of capitalism are showing themselves and the economy is coming back and I would be very careful about how much medicine I gave it.

~Warren Buffett, the Oracle of Omaha, CNBC interview, March 23, 2011

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