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Home > The Breakdown > Ray Dalio on Dumb Dollar Debt, Bitcoin Controls and the Coming Assault on Capitalism
Podcast: The Breakdown
Episode:

Ray Dalio on Dumb Dollar Debt, Bitcoin Controls and the Coming Assault on Capitalism

Category: Business
Duration: 00:20:14
Publish Date: 2021-03-17 01:25:53
Description:

Today on The Breakdown, NLW reviews Ray Dalio’s latest essay, looking at:

  • The six reasons why it doesn’t make sense to hold bonds anymore
  • Why holding bonds is especially troubling in the concept of growing government money printing
  • Why sovereign bond holdings are shifting from the U.S. to China 
  • Why proposed wealth taxes are likely just the beginning of a more aggressive period of financial regulation 
  • Why we could see the government try to ban gold and bitcoin as their grip on reserve currency status weakens
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