Warren Buffett on U.S. T-bonds

It makes no sense to lend money at 1.4% to the U.S. government, when it’s government policy to have 2% per year inflation. The government is telling you we’re going to give you 1.4% and tax you on it, and on the other hand we’re going to presumably devalue that money at 2% per year. So these are very unusual conditions.

~ Warren Buffett, interview with CNBC's Becky Quick, February 24, 2020