Ray Dalio Explains Money vs. Credit
April 23, 2025
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2:15Now PlayingRay Dalio Explains Money vs. Credit
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as posted by the channelCredit can be a great tool when used productively. In an advanced economy, credit does more good than bad. But it’s important to remember that borrowing creates cycles — and if the cycle goes up, it eventually needs to come down.
I explain why this is particularly important today in my new book, How Countries Go Broke. Preorder today here
But if you’d like more context on how all of these pieces come together, I recommend you watch my 30minute explainer “How the Economic Machine Works” here
#principles #howcountriesgobroke #economics #credit
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