Ray Dalio Says Cash Won't Save You
Ray Dalio reiterates his long-standing position that cash is not the place to be even in today's markets. Despite the appearance that we are going to have some sort of a crash at some point soon, the intervention by the Federal Reserve to put a stop to the pain will reverse the drop in prices and we will see an acceleration of the current inflation. It seems we are headed down the same path many currencies and countries have taken before.
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