8 hours ago
Debt Woes Push Dollar Down: Ray Dalio Points to Crypto as Rising Alternative
TLDR: Ray Dalio warned U.S. debt growth could cause an economic “heart attack,” pushing investors toward gold and crypto. Dalio said rising debt service costs, now near $1 trillion yearly, weaken the dollar’s role as a store of value. He explained that crypto’s limited supply makes it an appealing alternative when fiat money expands faster [...]
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