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Great Manager Awards. Open Up India. ET India Inc. All News Videos Photos. Saudi women rev up motorbikes as end to driving ban nears 12 Jun, , Can India really ban bitcoin? Is it possible at all to do so? Sensex falls pts, Nifty below 10, ahead of Fed policy outcome 13 Dec, , Year-end special: Five bans of 08 Dec, , It's worth noting Buffett has underscored inflation as an inevitable downside of holding currency-denominated assets such as cash or bonds.
The Berkshire chief has also criticized "stores of value" such as gold, as they don't produce anything and only increase in value if someone is willing to pay more for them in the future. Theron Mohamed. The Miller Value Partners chief and former Legg Mason boss invoked Warren Buffett's scathing criticism of the cryptocurrency to underscore the threat of inflation to those holding dollars.
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