Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

ICYMI: Billionaire Hedge Fund Manager Ray Dalio Targets the Biggest Challenge for Life After Coronavirus

by Daily Hodl Staff
April 15, 2020
in Futuremash
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Ray Dalio, the billionaire hedge fund manager and founder of Bridgewater Associates, is offering his perspective on the macro forces that are destined to sweep across the globe, reshaping the world in the wake of the coronavirus.

After the tsunami finishes its damage, Dalio believes the way forward to the new normal will be to examine incomes versus balance sheets, and see how the system can fill gaping holes.

In a recent Ted Connect with host Corey Hajim, Dalio predicts that, despite inevitable failures, the system itself will prevail.

“I’m a capitalist. I believe in the system. I believe you can increase the size of the pie and you could divide it well.”

He adds that governments will use the tools provided.

“You have to realize that there is the production of money and credit. And who produces that money and credit?”

By stepping up emergency aid measures that can prop up the economy and patch up the financial markets, Dalio believes relief and recovery will arrive – with a new normal.

“The money and credit comes in different flavors. There is US dollar money and credit. There is euro dollar money and credit. And so, when you look at the world, and you’re seeing it, you’re seeing a situation that is the same – that existed really in the 1930-45 period.

Now we’re seeing the production of a lot of debt, a lot of borrowing by the government. We’re seeing zero interest rates, and not the traditional kind of monetary policy, but the producing of a lot money and credit.

So the Federal Reserve is buying the Treasury’s debt and the Treasury is getting that money to mostly Americans in some imperfect but remarkably large way. And the Europeans are doing the same in their way.”

For many people in other parts of the world, however, where governments are dependent on US dollars, the money printing will rescue some while not helping others. As more debt is created without a way to “fill the holes” and repay those debts, disparities will set up a new world and establish its biggest challenge: wealth distribution.

“A lot of the world will not get that money in credit. So there will be a big differentiation as to which entities benefit and which entities don’t. There will be a big collaboration as to how we will deal with that bill and who will end up with what. A big question of wealth distribution and all of that. That’s the big thing that is going to be happening.”

He adds,

“If you’re within that ring of support, how will that bill be divided, and how will we be with each other? I think we’re going to have to reconsider who has what…

I think what you’re going to see is a combination – you’re seeing – of printing money and redistribution. And I think it’ll last … maybe a couple or three years in terms of that process, and then you have a rebuilding.

They’re dealt with with creativity. The greatest force through time is inventiveness. Human inventiveness. Adaptability. So you’re going to see these restructurings happen.”

l



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/pogonici

Submit a Press Release

Crypto Livewire – Press Releases

  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
  • SnapEx Adds LINK, BNB and TRX Alongside Sign-Up Bonus on a Sleek New App
    December 11, 2020
  • What’s the Role of Bots in Crypto Trading?
    December 3, 2020
Submit a Guest Post
Bitcoin
$34,924.00
$34,924.00
4.89%
Ethereum
$1,188.99
$1,188.99
0.42%
XRP
$0.274920
$0.274920
2.35%
Litecoin
$139.69
$139.69
2.49%
Bitcoin Cash
$472.08
$472.08
3.23%

Spotlight

  • Bitcoin Treasure Hunt Underway, Crypto Sleuths Search for 13 Chunks of BTC Hidden in Digital Art
    January 10, 2021
  • Bitcoin and Crypto Are Here To Stay but Won’t Replace Gold, Says Veteran Investor Todd Horwitz
    January 14, 2021
  • Researchers Say Hack-Proof Quantum Communications Network Ready for Launch
    January 11, 2021
  • Jack Dorsey Calls Bitcoin ‘Foundational Internet Technology’ While Explaining Twitter’s Trump Ban
    January 15, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2020 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.