My Life Advice for Teenagers

2025-07-21

What can the former Dutch Empire teach us about the importance of capitalism in driving long-term success?

#principles #raydalio #history #capitalism

2025-07-03

History tells us the preferred path for government policymakers trying to deal with too much debt is lowering interest rates and devaluing the currency the debt is denominated in.

Doing this is a very hidden way of reducing wealth, because as your currency goes down, it makes it look like other things are going up. But despite the downsides, this wealth shrinkage and reduction in buying power is favored by policy makers precisely because its impacts are less obvious than the alternatives.

At such times, you should expect interest rates and the currency’s value to fall.

#debt #raydalio

2025-06-24

It is the job of central banks to maintain a balanced economy by not allowing too much credit into the monetary system. Learn more about central banks and their responsibilities in my new book, How Countries Go Broke: The Big Cycle here: https://bit.ly/3F5OFvN

#raydalio #principles #politics #economics