Ray Dalios Playbook going forward inflation etc

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Listening to Ray dalio interview on FOX youtube.com/watch?v=HEF0zfWLHOQ and deciphering meaning:

-Interest rates wont be able to be lifted enough to compensate holders of bonds and not hurt the economy
-So far we had 8% inflation
-3% interest rate isnt enough - inflation will come down a bit but still very high. And money will get alot tighter = STAGFLATION
-Similar to 1970s but not the same. There will be paradigm shift - 10 year period
-Paradigm has been so far - cash is safe, but cash isnt safe in inflationary environment
-First downleg is caused by tightening due to current inflation fears - to be finished up within next 18 months
-The downlegs are to last until opposite is true - people believe that cash is not safe, cash is trash, inflation hedge are the best - gold etc

Penafian

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