Renowned investor Warren Buffett, CEO of Berkshire Hathaway, affirms the enduring dominance of the US dollar as the global reserve currency.

Despite concerns about the growing US debt, Buffett expresses confidence in the dollar's continued acceptance, citing the absence of viable alternatives.

During Berkshire's annual meeting, Buffett discusses various economic topics, including the role of the dollar and Berkshire's substantial cash reserves.

Buffett praises Federal Reserve Chairman Jerome Powell's management of the economy but stresses the importance of fiscal policy.

When questioned about utilising Berkshire's $188 billion cash pile, Buffett remains cautious, indicating a lack of attractive investment opportunities.