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All-In with Chamath, Jason, Sacks & Friedberg

Ray Dalio | The All-In Interview

1205.211 - 1240.293 Ray Dalio

while short-term interest rates aren't rising or go down. So it's the free market losing its desires. You have a balance problem in the free market out there. And then you start to see that when the currency then depreciates, particularly relative to gold or Bitcoin or other assets, and sometimes other currencies.

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