Ray Dalio

The conversation centers on the United States' growing debt problem and potential investment strategies in response to economic instability. Ray Dalio, founder of Bridgewater, shares his concerns about the unsustainability of current debt levels, suggesting that the problem will likely be addressed through currency devaluation and artificially low interest rates. Dalio advises investors to consider inflation-indexed bonds as a safe investment and to diversify their portfolios, including holding gold, viewing it as a form of money that central banks are acquiring. He also touches on the potential for a future relinking of gold to currency. He advocates for a balanced approach to reducing the deficit.