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Comment on Warren Buffett compares US Fed to a hedge fundparent

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Buffett has made a killing owning businesses that print money, invest on float, and whose risk is backstopped by the federal government. Businesses like insurance, finance, and so forth. The Fed is his bread and butter. It's his risk absorber.

It makes total sense for him to keep playing this game, because he benefits so fantastically from it. Everyone else should take what he says for what it is. The agenda is pretty loud and clear.

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