Re:A chat with Ray Dalio
by whatshisface on Monday June 13, 2022 @12:23AM
(#31721098)
In case you haven't been watching... the money printing culture is already over (for now) and the stock market continues to fall as the FED tightens the money supply to control inflation.
But the US has debt levels where it is basically impossible that everyone is going to get back what they put in. Somebody has been conned into making a donation without realising it. And the #1 strategy to deal with any crisis seems to be money printing. If that political culture remains ascendant then all the alternatives will have to have really screwed up. Which is sadly plausible when looking at China - but they wouldn't have to change much to start whipping the US.