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Warren Buffett: “If Greeks could print drachmas they would not have a debt problem”

Warren Buffett in a televised interview at Bloomberg News Agency compared Greece to the US.

"We've got the right to print our own money, that's the key. Greece lost the power to print their money. If they could print drachmas they'd have other problems, but they would not have a debt problem. And seventeen countries in Europe gave up the right to print their own money. That's enormously important. And we've got the right to print our own money, so our credit is good." Buffet said.

Warren Buffett is considered the most successful investor of the 20th century. Buffett, an american business man, is the chairman, CEO and largest shareholder of Berkshire Hathaway[4] and consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest person in 2011.In 2012, American magazine Time named Buffett one of the most influential people in the world.