Billionaire investor Ray Dalio analyzes the U.S. economy and the Federal Reserve's role as the Biden admin. tries to alleviate soaring inflation rates.
Billionaire investor Ray Dalio gives his takes on the latest world news and provides expert analysis on the state of the economy on ‘Cavuto: Coast to Coast.’Friday, billionaire investor Ray Dalio provided insight on the U.S. economy amid record inflation rates, predicting the Federal Reserve's quantitative tightening will "run its course" in about 18 months.
You can't keep spending and bring down inflation. So here's what I think. I think that we're not going to be able to bring an interest rate to a high enough level to give a good, real return to holders of credit without causing aYou had an 8% inflation rate. Look at what people get. And we're talking now about a 3% interest rate. And people think that that's good, right? So you're going to lose money and lose buying power.