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Benzinga
Benzinga
Business
Vishaal Sanjay

Ray Dalio Warns Of 1970s-Style Currency Shock: All Fiat Money Will 'Go Down' As Gold Becomes 'Second Largest Reserve Currency' Behind The Dollar

Gold,Bullion,On,Pile,Gold,Coins,At,Trading,Chart,Background

Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels to the 1930s and 1970s.

All Fiat Currencies Will ‘Go Down Together’

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