if everyone understood the basics, then economic policymakers would be able to do the right things a lot faster and with less angst in the future. Th… - Ray Dalio

" "

if everyone understood the basics, then economic policymakers would be able to do the right things a lot faster and with less angst in the future. That led me to make a thirty-minute video, How the Economic Machine Works, which I released in 2013. Besides explaining how the economy works it provides a template that helps people assess their economies and gives them guidance about what to do and what to expect during a crisis.

English
Collect this quote

About Ray Dalio

Raymond Thomas Dalio (born August 8, 1949) is an American investor, billionaire, author, and hedge fund manager, who founded Bridgewater Associates in 1971.

Biography information from Wikiquote

Also Known As

Alternative Names: Raymond Dalio Raymond Thomas Dalio
Limited Time Offer

Premium members can get their quote collection automatically imported into their Quotewise collections.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Ray Dalio

In a nutshell, poor education, a poor culture (one that impedes people from operating effectively together), poor infrastructure, and too much debt cause bad economic results. The best results come when there is more rather than less of: a) equal opportunity in education and in work, b) good family or family-like upbringing through the high school years, c) civilized behavior within a system that most people believe is fair, and d) free and well-regulated markets for goods, services, labor, and capital that provide incentives, savings, and financing opportunities to most people.

Loading...