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Ray Dalio

“Think about it this way: if you own a house and the government creates a lot of money and credit, there might be many eager buyers who would push the price of your house up. But it’s still the same house; your actual wealth hasn’t increased, just your calculated wealth.”

Ray Dalio, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
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Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio
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