Monetary System

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Ray Dalio Talks with CNBC's Squawk Box About How the System Breaks Down Once a Lifetime
Principles by Ray Dalio· 2025-07-16 16:36
How does this play out. We don't understand how the cycle goes because it comes along about once a lifetime. But there are orders, you know, there are systems and the systems break down for certain reasons and it creates cycles.For example, there's a monetary system and then there's a debt cycle. And so as a result, we now have um you know, one man's debts and another man's um assets. And when you build these up and you get to a point where you can't sustain that, you have a debt issue. We have a debt issue ...
Will The US Dollar Be The Reserve Currency in 10 Years? 🤔
20VC with Harry Stebbings· 2025-07-01 13:54
Do you believe the US dollar will be the reserve currency of the world in 10 years. Yes, I think that it's impossible to replace reserve currencies that quickly. Will the US dollar be the reserve currency in 50 years.I couldn't tell you. I do think in 10 years time the percentage of reserves the US represents will probably have reduced slightly. I think it went down from 80 to 70%.The problem that the monetary system has is if you want to replace one thing, you need to decide what you replace it with. Right ...