🚨 Ray Dalio just explained how the U.S. will handle its debt crisis:
“We’re going to do it the way that we always do it.”
When countries go broke:
• Devalue the currency
• Print money
• Create artificially low interest rates so bondholders get paid less than they should
“That’s the way Japan has done itand that’s the way we will do it.”
The playbook is already written.
#RayDalio #USDebt #DebtCrisis #Inflation #Macro