Ray Dalio | The All-In Interview
Episode publishedPodcast: All-In with Chamath, Jason, Sa...All-In with Chamath, Jason, Sacks & Friedberg
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It was the government that was the big buyer. Then you get everybody leveraging up, then you've got a problem. Do
you own Bitcoin, Ray? Yeah.
I have some. Not nearly as much as as gold. The AI war, it's a war that no country can lose. If China or The US really lose this war, it's more important than profits. We're at a civil war internally, and we're at an international war simultaneously. Just have people bathe logically. Maybe that's too much to ask. We hope. Alright,
besties. I think that was another epic discussion. People love the interviews. I could hear and talk for hours. Absolutely. Let
me crush your questions a minute.
We are giving people ground truth data to underwrite your own opinion. What'd you guys say? That was fun. I'm doing all this. Ray, good morning. Good
morning.
I'm gonna start off by sharing a couple stats. Today, The US has $3,640,000,000,000,0.0 of federal government debt and GDP of 2,910,000,000,000,0.0, giving a debt to GDP ratio of a 25%. And this ratio has climbed steadily since the pandemic began in 2020 when the federal government debt was 20,000,000,000,000 and GDP was just 21,000,000,000,000. So since the pandemic, federal government debt has risen by 80% while GDP's climbed 38%. And steady inflation from the large stimulus of money from both central banks and the US government caused the Federal Reserve, which is The US central bank, to ra
Thanks for having me here to talk about this important issue.
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