5min chapter

The Tony Robbins Podcast cover image

Changing World Order with Ray Dalio: How countries rise and fall | What cycles of history can teach us now

The Tony Robbins Podcast

CHAPTER

The World Order Is the World's Reserve Currency

War is when conflicting parties of about an equal power have a fight, and the dominant power wins. The last time that happened was in 19 forty five, because of the end of world war too. After wars, people remember how terrible wars are, and they want peace. And so and there's peace and prosperity with the world's reserve currency. But as prosperity continues and acid prices go up, like stocks go up, it encourages more borrowing and spending on prosperity. That begins to have a rise in levels of indebtedness. So you see debt levels rise. And the third thing it does is it creates a greater wealth. As power gap narrows, then conflicts erupt internally over how much

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