The Importance of Having a Reserve Currency
2025-08-06
When an empire runs out of its own money, it is able to increase the supply of money. However, printing more money causes borrowing to increase creating a financial bubble. I urge you to watch “The Changing World Order” on my YouTube channel to understand how, and what it means for all of us.
#principles #raydalio
My Honest Thoughts on the United States’ Tariffs
2025-07-09
I’ve gotten a lot of questions on the recent Trump tariffs and their impact on the global economy. There is a belief that tariffs will bring manufacturing back to the United States, I am uncertain of that. You can learn more about why, and what the current big debt cycle the United States is going through in my new book, How Countries Go Broke: The Big Cycle.
#raydalio #principles #politics #economics
Can the Right and Left Agree on This?
2025-06-30
Everybody I speak with on both sides of the aisle agrees that we need to get our spending down to 3% of GDP.
But politics is standing in the way of making good decisions. The idea of compromise is out.
I think we all agree that we’re in need of a big renovation. The question is how that renovation gets done — and there’s a lot of fighting over what that renovation might look like.
My advice: Politicians on both sides need to agree on a mutually acceptable “worst case scenario” that cuts spending to the level we need, if a broader agreement can’t be reached in the near future.
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