tl;dr

Bridgewater Associates founder Ray Dalio warned that the U.S. might return to a gold standard due to historical currency cycles involving excessive money printing, debt repayment, and loss of trust in currency value. He noted tensions between efforts to devalue the dollar and commitments to low infl...

Bridgewater Associates founder Ray Dalio has issued a thought-provoking warning that the United States might eventually return to a gold standard. In a recent social media post, Dalio explained how currencies historically undergo cycles of devaluation that often lead back to gold backing. He outlined this cycle as governments printing excessive money, using it to pay off debt, resulting in decreased trust and demand for the devalued currency, and ultimately linking money to gold again.

Dalio emphasized that while this pattern might not unfold imminently, it remains a conceivable scenario. He pointed out apparent tensions between former President Donald Trump’s efforts to devalue the dollar to ease US debt burdens and Federal Reserve Chair Jerome Powell’s commitment to maintaining stable, low inflation.

The hedge fund titan further highlighted the classic response to excessive debt and borrowing: driving real interest rates down and devaluing currency, which benefits debtors but harms creditors. Dalio suggests this dynamic is playing out in current economic policies and forecasts that investors should consider protecting their portfolios by allocating around 15% of their assets in gold or Bitcoin to hedge against potential currency devaluation.

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 6 Aug 25
 6 Aug 25
 6 Aug 25