Ray Dalio Quotes & Sayings (Page 3)

“If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.”

“Pull in your belt, spend less, and reduce debt.”

“The big question is: When will the term structure of interest rates change? That's the question to be worried about.”

“There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.”

“Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.”

“So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business?”

“Know what your people are like, and make sure they do their jobs excellently.”

“Treat your life like a game.”

“I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it.”

“Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?”