Best quotes by Ray Dalio on Money
Checkout quotes by Ray Dalio on Money
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‟ A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
- Ray Dalio
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‟ Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
- Ray Dalio
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‟ Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
- Ray Dalio
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‟ In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.
- Ray Dalio
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‟ Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
- Ray Dalio
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‟ I'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people.
- Ray Dalio