Nations inflating their debt away
In this short clip of his powerful video on the changing world order, Ray Dalio explains the almost inevitability of a nation trying to print and inflate away their debt as their empire is in decline.
| Creator | Time | URL |
|---|---|---|
Ray Dalio | 1min |
Takeaway Looking back at the entire history of money, empires that are in their decline always choose to print more money to address short-term concerns, ending in a collapse of the currency itself.
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