3min chapter

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#251 – Ray Dalio: Money, Power, and the Collapse of Empires

Lex Fridman Podcast

CHAPTER

Money or Power?

Ray Dalio: Those who have money have power, a certain type of power. That power has to do with all that they can buy, but it also has the ability to influence those with political power. So you see this throughout history, this symbiotic relationship between royal families, and the nobility, and the church. And so we don't see that same power mix anymore, but you still see the same dynamic.

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