Warren Buffett Quotes
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Topics
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Economic Stability
Giving
People
Risk Aversion
Credit Risk
Government Debt
Government Securities
Investor Confidence
Liquidity Management
Low Interest Rates
Market Confidence
Short-Term Investment
Low Interest
Low Yield
Citations
Buffett, Warren. Interview by Becky Quick. Squawk Box, CNBC, 9 Mar. 2009.
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Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over US$100.6 billion as of April 2021, making him the world's seventh-wealthiest person.