Replying to Avatar Carl B Menger

BREAKING: @RayDalio says politicians will keep raising the debt limit, but doing so will lead to 'disastrous financial collapse‘.

„This decision will make it impossible to pay investors a high enough interest rate to have them hold debt assets, while also keeping interest rates low enough for borrowers to be able to service their debts.“

https://www.linkedin.com/pulse/what-should-done-debt-ceiling-argument-between-democrats-ray-dalio

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The Austrian 2y ago

Ray Dahlio is a smart and insightful man, just not when it comes to #Bitcoin.

#Bitcoin

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