ilmscore | Prediction Details
"Ray D says is no that's actually not what happens because you're actually printing money to fight deflation and the reason why ralo says this is because in our economic system remember we have money that you work to earn and then we have credit and when you go through this long-term debt cycle the down phase what happens is people start to lose their incomes and as you lose your income you lose your credit worthiness as you lose your credit worthiness people lose this in the economy we lose this base of money in the economy which is credit"
By Minority Mindset | December 13, 2024 | Pending
From video
Ray Dalio’s Warning for America - The Long-Term Debt Cycle 00:08:34 - 00:09:03
Interpreted Prediction
Ray Dalio predicts that money printing by central banks at the end of a long-term debt cycle will be used to combat deflation, not cause inflation, due to a loss of credit in the economy.

Prediction Details

Topic
Money printing and inflation

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