Ep11 - Ray Dalio| Principles: Life and Work
Talks at Google
00:00
Is the Fed in a Particular Difficult Position?
I think that I think we're going to have a lot of stimulation into a lot of profit growth. That's going to raise interest rates and then there's a sensitivity to those interest rate changes. As you go late into the cycle it's never the Fed never central bags never get it exactly right, which is why we have recessions. The balancing act will become increasingly difficult at the end of this year in the beginning part of next year.
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