MADRID, May 21 (Reuters) - U.S. investor Warren Buffett, the world's richest person, on Wednesday said the U.S. dollar would continue to fall as the policies needed to correct the greenback's slide had yet to be implemented.
"The dollar will decline in value. That's not a 20-year prediction or a 2-year prediction. The same policies that have obviously resulted in a deterioration in the value of the dollar will produce some more results," Buffet, owner of investment company Berkshire Hathaway Inc, told a Madrid news conference.
"It looks at the present time like those same policies are being continued, so I would expect, unless we have a major change, that the dollar will decline in value over a long period of time," added Buffett, who is worth $62 billion according to Forbes magazine. (Reporting by Ben Harding; Writing by Martin Roberts; Editing by Ron Askew)
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