In the webcast interview above Warren Buffett and Bill Gates discuss business, health care, economics, wall street, the Fed and more. Both agree the health care system is far too expensive and needs to be fixed. And both agree the current reforms are far too small and seem to do little to address the core problems with incentives and entrenched interests maintaining system in need of reform.
Both also agree the future is bright for the USA and the world economically. The innovation possible will may well come from more locations in the next century but those innovations will also come from the USA.
Warren Buffett also defends the independent Federal Reserve board system.
Related: Warren Buffet Webcast to MBAs – Advice from Warren Buffett UT at Austin business school – Bill Gates: Capitalism in the 21st Century
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