While Warren Buffett hasn’t yet said anything publicly about Ben Bernanke’s reappointment as Federal Reserve chairman, he has praised Bernanke highly in recent interviews.

“I don't think you can have anybody better than Bernanke in the job. I mean, he understands all of the issues,” the legendary investor told CNBC last month.

Buffett has expressed worries about inflation rising down the road.

“The time to worry about something that's going to happen in the long-term is in the short-term,” he says.

“And I'll guarantee you that he (Bernanke) is thinking about that. But he needs to do what he's doing now. And the Fed needs to be doing what it's doing now.”

Buffett also has expressed concern that the massive monetary stimulus, combined with fiscal stimulus, will send the government’s debt skyrocketing.

“It will have after-effects, … and they'll be addressed at that time,” he says.

“I don't think you can do what we're doing now … without having real inflationary possibilities down the road. But that doesn't mean I think he's (Bernanke’s) doing the wrong thing. I think he's doing the right thing.”

Many other experts approve of Bernanke too.

“It’s not just that he’s done a great job of dealing creatively with the financial crisis,” Richard Berner, co-chief economist at Morgan Stanley, told Bloomberg.

“He has the capacity to deal with the challenges that lie ahead, continuing to help the economy and markets heal and engineering the exit strategy when it’s appropriate to do so.”