Assets Quote by Warren Buffett
“We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.”
About This Quote
Source Speech: Annual Shareholder Meeting, 2021
The speaker argues that strategic borrowing at low interest can be profitable for the Treasury, framing spending as investment.
In simple terms: Strategic low‑interest borrowing can generate profit
Consider debt as a tool for growth
Themes
Mood
Type
When to use this quote
- government budgeting
- asset acquisition
- economic policy
Key Concepts
Questions to Reflect On
- How to balance borrowing with fiscal responsibility?
- What safeguards ensure borrowing remains beneficial?
Debt carries risk if mismanaged