"..Judging from the lessons of history and current readings, I think that it is clear that

the value of money won’t be defended

until the classic weak money/inflation problems become intense—and perhaps not even then—because the pains those problems produce are intense.."

https://x.com/raydalio/status/1947697250056212702?s=46&t=sLggIrMOsyPLuGZpOuRprw

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