The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Ray Dalio: Gold is the second-largest reserve currency held by central banks
“Gold is not a precious metal that's speculated on, like most people have come to think of it as. It is the most established money that, it's the second largest reserve currency that central banks hold.”
Ray Dalio: Half of the $2T US deficit goes to interest payments
“We now have that two trillion dollar deficit. Half of that is interest payments, plus we have to roll over nine trillion dollars of debt That has been accumulated and is maturing.”
Dalio: US stock wealth-to-money ratio matches 1929 and 2000 bubble peaks
“What's the money ratio right now in the United States is about eight and a half to one, and so on, and when you look at it and then also then there's what it's in. The stock market is, is right now about three to one, and that's very high. If you were to go ba…”
Dalio: US COVID stimulus delivered more money than total lost income
“The government wanted to, and actually did, deliver a lot more money to people, companies, than there was a loss of income.”
Dalio: Roughly 70% of U.S. government expenditures cannot be cut
“Roughly, 70% of government expenditures are, you can't cut.”
Dalio: Gold historically yields approximately a 1.2% annualized real return
“Gold is over a period of time, a low returning asset class like cash. It'll produce, it has produced, and for logical reasons, it produces about a 1.2% a year Real return.”
Dalio: China accounts for 33% of global manufacturing output
“They own 33% of all world manufactured goods, which is more than the combined U.S. German and Japanese manufactured goods, Chinese produce more.”
Dalio: 22% of Connecticut high schoolers are failing, absent, or dropped out
“22% of the high school students in Connecticut either have dropped out of high school or are failing classes with absentee rates of greater than 25%.”
Dalio: Designed the commodity hedging strategy behind McDonald's Chicken McNugget launch
“I contributed to the economic risk of being able to come out with a Chicken McNugget. Because it came out at a time when there was a lot of commodity price volatility, and McDonald's wanted to come out with a chicken McNugget, but they couldn't lock in a price…”
Dalio administered personality tests to Bill Gates and Elon Musk
“I've given personality tests to well, I mentioned that in, in the book, Bill Gates, Elon Musk many, many incredible, successful people, and they all have some elements in common, and then they also have differences, and so there's a path to leadership.”
Dalio: Japanese bondholders lost 80% vs gold and 60% vs US bonds
“To take a Japan, for example, if you were a holder of Japanese bonds, you lost about 80% of your money relative to gold, and about 60% relative to U.S. Bonds, because you received an interest rate that was three percent less than the corresponding interest rat…”
Dalio: The stock market bottomed in August 1982 when Mexico defaulted
“If you look at the exact bottom in the stock market, August, When Mexico defaulted, that was the exact bottom in the stock market”