Ray Dalio warns America is ‘very much’ like early 1970s — and that this major US asset could fail as a store of wealth

Dalio warned that if investors begin to believe the Fed will artificially hold rates too low, it could trigger “an unhealthy decline in the value of money.”Read more: US car insurance costs have surged 50% from 2020 to 2024 — this simple 2-minute check could put hundreds back in your pocketThat comment couldn’t have come at a more sensitive time for the Federal Reserve. President Donald Trump has openly pressured the Fed to slash interest rates, repeatedly attacked chair Jerome Powell and is attempting to f ...