#OldNews Sept. 15, 2020
Ray Dalio Warns of Threat to Dollar as Reserve Currency
> While equities and gold benefited from the trillions of dollars in fiscal spending and monetary injections, those efforts are debasing the currency and have raised the possibility that the U.S. will go too far in testing the limits of government stimulus, Dalio said Tuesday in an interview with Bloomberg Television.
> “There is so much debt production and debt monetization,” Dalio said.