Ray Dalio | The All-In Interview

918.886 - 940.05 David Friedberg

The real question is, has your purchasing power gone up? Have you actually increased your net worth as the markets go up? And when you do the studies, it turns out that inflation goes up, meaning the cost of everything goes up when you pump money into the system. So of course, it looks like the markets go up. Of course, it looks like asset values go up. But ultimately, if everything's going up,