All-In with Chamath, Jason, Sacks & Friedberg
Ray Dalio | The All-In Interview
Ray Dalio
So it comes down to a small percentage that you can cut, but you find out how much can you cut. So the important thing is 3%. The other thing about it is to realize that if you make those moves, the bond market will benefit. You see, and so interest rates- And then interest rates will go down. Right. And interest rates going down, interest rate expense is most important.
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