Ray Dalio: It Starts With Inflation
It Starts With Inflation: How Inflation, Interest Rates, Markets, and Economic Growth Relate to Each Other and What That Means for What’s Ahead In this post a) I will very briefly explain how I believe the economic machine that determines inflation, interest rates, market prices, and economic growth rates works, and b) work with you to apply current circumstances to that machine to come up with our expectations for the future. Q2 2022 hedge fund letters, conferences and more How It WorksOver the long term, living standards rise because of people inventing ways to get more value out of a day's ...