$73Trillion Wealth Transfer Incoming – Who Will Gain the Most According to Billionaire Ray Dalio

Billionaire investor Ray Dalio warns of a massive $73 trillion wealth transfer, primarily to millennials, while central banks’ actions have contributed to this shift. The “free money” era of low interest rates has bolstered household and business finances but left governments with poor balance sheets. As deficits grow and debt service costs rise, governments may face “tolerably” slow growth and inflation, potentially leading to a debt spiral and market-imposed limits, forcing central banks to print more money and buy more debt.