Dalio: Fiat currency will be difficult to maintain wealth storage function, crypto assets, etc. become alternatives

According to Foresight News, according to Zhitong Finance, Bridgewater Fund founder Ray Dalio said in a panel discussion at the "Future China Global Forum" in Singapore on Friday: "Everyone is witnessing the threat to the monetary order. Other factors work together to determine whether we are witnessing the end of the entire US empire." Dalio said that all fiat currencies will be difficult to maintain their wealth storage function. "We are seeing illegal currency becoming a means of wealth storage," he said, referring to gold and crypto assets.
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