Ray Dalio says Bitcoin will rise when the US government starts printing more dollars.
Famous American billionaire: The US government will print money to cover its budget deficit
American billionaire and investor Ray Dalio believes that the US government will resort to printing more money to pay off part of its massive $31.45 trillion debt. According to Dalio, the actions of the Federal Reserve and its contractionary monetary policies have put the US in a position where the government has to introduce a new round of fiscal stimulus to revive the economy and prevent defaults.
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