Sage of Omaha on QE
At the recent Berkshire Hathaway AGM, Warren Buffett spoke about the damage quantitative easing had inflicted upon ordinary savers and bondholders (click here). Quantitative easing has forced bond yields and deposit rates to very low levels - bondholders and savers have been earning negative real returns for over four years. Meanwhile, investors are poring money into the stock-market in search of yield, which has lifted the FTSE 100 to its highest level since September 2000.
Here is a short video from the 2013 Berkshire Hathaway AGM, where Buffett talks about quantitative easing, bank regulation, and high-frequency trading.