fiat currency
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Dec 20, 2025 by Ray Dalio · across every show →
Everything said about fiat currency, oldest first
Dec 20, 2025 bearish
Dalio: Stablecoins are transaction tools, not stores of wealth
“A stable coin is attached to the fiat currency. So it goes down like the fiat currency goes down, and it doesn't give an interest rate. And they're toying around with whether it gives interest rates or not, but there's not a model that I've seen. So, so far it…”