Warren Buffett: “The US Dollar Is Going To Hell…Get Out Now!”

Warren Buffett has made headlines once again with a fiery remark about the U.S. dollar’s future. His bold statement quickly sparked debates among economists and investors alike.

Warren Buffett, widely known as the “Oracle of Omaha” and one of the most respected voices in global finance, issued a stark warning during his recent shareholder meeting in Omaha, Nebraska: the U.S. dollar is on a dangerous decline, and investors should think seriously about diversifying their holdings away from it. While Buffett has long been measured in his economic commentary, this time he didn’t hold back—openly expressing fears that America’s fiscal and monetary policies are setting the stage for a deep erosion in the dollar’s value.

In his remarks, Buffett pointed to a fundamental problem in modern government systems: the near-universal tendency to debase national currencies over time. Regardless of whether a nation is led by dictators or elected representatives, he explained, the end result is often the same—governments overspend, accumulate debt, and eventually resort to monetary policies that weaken their own currency. He wasn’t singling out the United States in isolation, but he made clear that even in advanced economies, fiscal irresponsibility can lead to serious consequences for the currency.

Buffett referenced history and economics to explain his view, noting that debasement of currency is nothing new. Whether it’s printing excess paper money or historically “clipping” coins to dilute their value, he warned that the mechanisms may have evolved, but the outcome remains constant: the purchasing power of the currency drops, and with it, the financial stability of the people holding it.

Specifically regarding the U.S., Buffett said the current fiscal policy “scares” him. He criticized the system’s incentives, which often push lawmakers toward excessive spending and monetary expansion. According to him, even well-intentioned policies can end up leading to inflationary outcomes if there’s no discipline built into the system. He stressed that while it may not be malicious, it is a natural result of how government works.

Buffett’s warning isn’t just theoretical. He implied that investors should not rely solely on assets denominated in U.S. dollars or tied too closely to the value of the dollar. Though he stopped short of offering specific investment advice, the message was clear: it’s time to look toward assets that can weather currency devaluation—whether that means international investments, commodities, or tangible stores of value like gold or productive businesses.

In closing, Buffett underlined a key principle: when those in charge of the money supply have few real constraints, the long-term value of that money is always at risk. And in today’s economic climate, with massive government spending and ballooning national debt, that risk is beginning to look a lot more real.

Would you like a breakdown of which types of assets investors typically use to hedge against dollar devaluation?