| 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 |
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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Charitable Gifting This Holiday Season
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Trying to figure out your holiday gift giving this year? I have a great suggestion for you.
There are organizations like @TisBestCards and @donorschooseorg that will give a donation to your recipient’s favorite charity, on your behalf.
I think gifts like these are more in keeping with what the holiday season is really about, so I wanted to pass it along. #redefinegifting
Ray Dalio on the #1 Issue Facing the United States
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Ultimately, it’s all about human nature.
In my view, the biggest risk we face are our own selfish, mutually-destructive tendencies. If we’re able to rise above them and find compromises, we can avoid the worst possible outcomes.
But to do that, we need to stop fighting with each other and align on policies that improve conditions for everyone.
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