Hedge fund billionaire Ray Dalio on the Reddit revolt
USAGOLD note: In this podcast, Ray Dalio says there’s something important going on in America. The GameStop “revolution” was part of a game, but if it does not go beyond a game to the bigger issues – like governments going into massive debt and printing money to cover it – then it is missing the most important lessons of all. This is an important message from Dalio that hints at why Redditors might want to look beyond gaming the market to the bigger issues. Dalio, of course, is and has been an advocate for some time of gold ownership, and the founder of the biggest hedge in the world – Bridgewater Associates.
Repost from 2-9-2021