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Ray Dalio: Believing the Fed, the Brink of War, & Cash! No Longer Trash 2/2/23

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Do You Spend Less Than You Earn?

The biggest issue is that there's more spending. And I would say there probably needs to be more spending than we have in the income. Governments run the same as your household or a business with two exceptions: They can print money and they can tax. So, how do you achieve that balance? Well, it's a tough environment to spend less.

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