Quotes by Ray Dalio

"It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow."

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"A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic."

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