Bridgewater founder Ray Dalio has issued a stark warning that the Federal Reserve’s pivot toward balance sheet expansion risks creating a dangerous market bubble at precisely the wrong moment. His analysis suggests this monetary easing could provide near-term fuel for hard assets like gold and Bitcoin while setting the stage for a painful eventual reckoning in what he characterizes as the late stage of the Big Debt Cycle.
about Dalio: Fed Stimulating Into Bubble, Bitcoin to Benefit