TechFlow, September 2 — According to Jinshi Data citing the Financial Times, Ray Dalio, founder of Bridgewater Associates, said, "The U.S. is陷入 authoritarian politics reminiscent of the 1930s.
If the Federal Reserve is politically weakened and forced to maintain low interest rates, confidence in its ability to defend the currency's value will erode, making dollar-denominated debt assets less attractive to hold, thereby undermining the monetary order as we know it.
International investors have already begun shifting from U.S. Treasuries to gold."
Add to Favorites
Share to Social Media
