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Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?

Ray Dalio

Ray Dalio Biography

  Nationality: American
Type: Businessman

Born: 1949
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Quote of the Day
“I was more interested in skating and the girls and traveling than I was in calculus.”

 

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