Dalio: “Please remember that while it doesn’t move around in value as much as other assets, there is a costly negative return to it.”
The Fed’s challenge is to “produce economic well-being for most people when monetary policy does not work.”
Dalio is making the rounds after publishing an essay called “Why and How Capitalism Needs to Be Reformed.”
In a Jan. 22 interview with CNBC he saw “significant risk” of recession before 2020.
AOC: “There’s an element, yeah, where people are going to have to start paying their fair share.”