| The federal reserve is the part of the government that can create money and credit, which has significant impacts on the value of your money. Learn more about the federal reserve and its responsibilities — and how its decisions impact you — in my new book, How Countries Go Broke: The Big Cycle. Pre-order now: https://www.amazon.com/Principles-Investment-Economic-Ray-Dalio/dp/1501124064?maas=maas_adg_CD3A5CC15B3C2F7AFF4BC6B651E851A1_afap_abs&ref_=aa_maas&tag=maas #raydalio #principles #politics #FederalReserve |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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