Ray Dalio Quotes

Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?

 
Context

None.

Citations

None.

Please contribute by supplying a citation for this quote.


Ray Dalio
Ray Dalio
  • Born: August 8, 1949
  • Nationality: American
  • Profession: Investor, Hedge Fund Manager, Philanthropist

Raymond Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world's largest hedge funds. As of January 2018, he is one of the world's 100 wealthiest people, according to Bloomberg.