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491: Ray Dalio | The Changing World Order
The Jordan Harbinger Show
The Dollar Isn't What We Want for the United States Anytime Soon
If the dollar loses its reserve status, it's bad no matter what. As that weakends, printing money turns us intos imbobway. We don't have to go to zimbobwa, but we when you can't borrow, and you actually people are selling, that means that you have to sell more than you buy. And that lowers your stap living standard, lowers your buying power a lot. It depreciates the value of your money. That means also, the power of the united states goes down. Would you agree with that? We're not headed in the right direction. O that's a lot to dea with, yet it's very messy.
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