Principles By Ray Dalio
Principles By Ray Dalio
@principlesbyraydalio·3.1M subscribers·621 videos

Ray Dalio Explains Money vs. Credit

Posted

April 23, 2025

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Credit 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

Guests & Subjects Covered

Economic Machine Works

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Ray Dalio Explains Money vs. Credit · Principles By Ray Dalio · Sentinel