Billionaire investor Warren Buffett said Saturday that near-zero interest rates have completely changed the financial landscape, warning that the consequences of easy money policies remain an unanswered question.
As the COVID-19 pandemic gripped the United States last year, the U.S. central bank slashed interest rates to near zero and began aggressively absorbing assets to prevent another financial crisis.
Among the Federal Reserve’s purchases: government debt. Those actions allowed the
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