El notes

U.S. measures taken by the authorities to overcome the economic crisis create the preconditions for inflation in the future, says the head of Berkshire Hathaway Warren Buffett. In an interview with CNBC television, he said that so far sees no signs of recovery of the U.S. economy. At the same time, Buffett generally positive evaluation of the activities of heads of the Fed Ben Bernanke and the Minister of Finance Timothy Geytnera, believing that the best way to deal with the crisis still think it was impossible.

«All our actions greatly increase the possibility of significant inflation in the future », – said Warren Buffett. Although the billionaire said that the risk is not reflected in this, not in the next, and even in 2011, steps to prevent it must be now. He also noted that increased the likelihood that after ten years the purchasing power of the dollar will fall sharply.

Unlike the legendary investor, government analysts are more optimistic. On Wednesday, Committee on the open-market operations the Fed, on the basis of their meeting noted signs of a rapid end to the recession. However, the key interest rate once again left to the historical minimum in the range of 0-0,25% per annum. The Fed is no longer worrying probability of deflation in the United States that pose a threat to economic growth, but also a sign of serious inflation in the short term, does not see. The statement pointed out that inflation is «for some time would be slight in nature». In this regard, the Fed is not going to abandon the ambitious program of economic assistance. Central Bank, in particular, has promised to adhere to previously approved plan to send U.S. $1.45 trillion at the problem buying mortgage securities, and 300 billion dollars to purchase long-term government bonds.