The Oracle on Helicopter Ben: Buffett has complete faith in Bernanke's ability to unwind QE but...

|By:, SA News Editor

The Oracle on Helicopter Ben: Buffett has complete faith in Bernanke's ability to unwind QE but notes that when rates rise "it's likely to be the shot-heard round the world." Both Berkshire and the country as a whole have "benefited significantly from what the Fed has done [but] the unwind [will be] more difficult than [the] buying." In the mean time, Buffett is entertained: "This is like watching a good movie … I don't know how it will end." (NY Times, WSJ)