The Truth About Tarrifs
Principles by Ray Dalio·2026-05-13 21:30
One of the most common things talked about is something called tariffs. What is your view on tariffs. Is it good economically, bad economically.Is going to solve our budget problem. >> Tariffs are not bad. Throughout history, tariffs were the main source of government revenue and so on.And any form of taxes has its cost. So, capital gains taxes are bad and so on. Um, different things have their costs.How well executed. How big are they. How disruptive are they in terms of the process.There's something to be ...