11 October 2023
Billionaire Ray Dalio sounded the alarm in a Fox Business interview, asserting that the Federal Reserve’s stubborn stance on maintaining high interest rates is pushing them into a precarious financial situation. Highlighting the global trend, he pointed out that central banks are hemorrhaging money. Dalio ominously predicts that the U.S. Federal Reserve, in a desperate move, will be forced to print money to counterbalance these significant losses.