Warren Buffett: U.S. Federal Reserve is the ‘biggest hedge fund in history’

Our favourite econ quote of the month

<p>Warren Buffett, chairman and CEO, Berkshire Hathaway, Inc., arrives at the Allen &#038; Company Sun Valley Conference in Sun Valley, Idaho, Friday, July 13, 2012. (AP Photo/Paul Sakuma)</p>

Warren Buffett, chairman and CEO, Berkshire Hathaway, Inc., arrives at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Friday, July 13, 2012. (AP Photo/Paul Sakuma)